UAE LAWS

Read more about the article How to remove partner from LLC in Dubai?
How to remove partner from LLC in Dubai

How to remove partner from LLC in Dubai?

  • Post author:
  • Post category:UAE LAW

A partnership is a relationship between two or more people who join together to carry on a trade or business. In the context of law, partnership refers to the legal status of a partnership, the rights and responsibilities of the partners, and the relationships between partners. The above problem are raised when one partner wants to terminate his or her involvement with the company, when both partners had a dispute in business and decide to remove the name, or when decided to close the business. The process to remove a partner from an LLC in Dubai is very similar to that of removing a partner from an LLC in most other countries. Here is the solution for this case.

Continue ReadingHow to remove partner from LLC in Dubai?
Read more about the article What is a Memorandum of Association contract?
What is a Memorandum of Association contract

What is a Memorandum of Association contract?

A Memorandum of Association is a binding contract signed by all the founders of the company. The Memorandum of Association specifies the rules and laws governing the company. Within this document, there is usually a clause that states that in the case where there is a disagreement between the founding members it should be referred to an arbiter for mediation/arbitration.

Continue ReadingWhat is a Memorandum of Association contract?