In recent times, there is a massive increase in the number of businesses being set up in the United Arab Emirates. Due to the rise in the number of companies being set up in the country, there has been a sharp spike in the population. With the ever-changing rules and regulations in the UAE, there is a huge need and demand for law firms in the country.
Dubai is now considered as one of the leading places to set up a business. The liberal business environment, less or no taxation, protection of assets, the privacy of the company and many other features of the country play a crucial role in attracting the businessmen and entrepreneurs from all over.
This blog will provide you with information that you will need if you are looking forward to setting up a Business in Dubai.
Procedure to Set Up a law firm
With the increasing population in the country, there is a growing need for law firms not only in Dubai but all over the UAE. If you are looking to set up a law firm, then there are four specific steps that you need to follow. These Steps are:
1.Collaborate with a Local lawyer
It is one of the first things which is required if anyone wants to open up a law firm in Dubai. The local lawyer should possess the knowledge about the rules and regulations of the land and should be affiliated with a local court.
2.Obtain the relevant license
Before starting any business, it is indispensable to obtain a suitable license. This license is given out by the Ministry of Justice of the United Arab Emirates.
3.Submission of the Documents
The license and the other essential documentations which are received from the Ministry of Justice must be later submitted to the economics department.
4.Location of the Business
One primary requirement which should be kept in mind while choosing a location to set up a law firm is that the selected area for setting up the law firm should be at least 40 square feet.
Before setting up a law firm, specific facts should be kept in mind of the administration of the company, such as:
The Dual Court System
There is a dual court system which comprises of the local courts and the federal courts. The supreme court is situated in Abu Dhabi. There are three different stages to the court system, which are:
- Court of First Instance
- Court of Appeals
- Court of Cassation
Source of Law in the UAE
All the laws in the United Arab Emirates are primarily based upon the Islamic Sharia Law and also some parts of International Law.
Rules of Law
As per the law of the country, every advocate, lawyer, attorney, etc. must register themselves with the Ministry of Justice. After registering to the Ministry of Justice, the person is free to practice in a federal court or any other Emirati court
Rules and Regulations of the country
A person who is the member lawyer of the Gulf Cooperation Council countries may obtain the license to practise law in Dubai and rest of the United Arab Emirate courts. In the present scenario, the practice of the law in courts is restricted only to the Emirati nationals.
Ethics of the Lawyers
Lawyers have to be extra careful about the laws and rules of a country as they are the people who are considered to have a wholesome knowledge of it. Because of this, there is a set of rules and regulations that need to be followed by Lawyers and advocates.
The Amount Charged for the Service
The fees charged by them is a huge factor in deciding if the services of a particular lawyer are availed or not. If the people are not charged reasonably for the services of a lawyer, the size and the efficiency of the law firm won't matter.
With the increasing number of business as well as people in the United Arab Emirates, there is a high demand and need for law firms. If you are looking to set up a law firm in the United Arab Emirates, then do have a look at the services provided by Commitbiz. For more details, Contact Us. We will be happy to help you.