A Practical Guide to Business Setup in the UAE
Launching or expanding a company in the United Arab Emirates requires clear planning, the right license and compliance with evolving regulations but the market rewards this preparation with access to a strategic hub, strong infrastructure and tax efficiency. This guide explains business setup in the UAE across mainland and free zones, outlines legal structures and […]
5 Expensive Legal Mistakes To Avoid When Starting A Business
Bootstrapping businesses can be difficult, quite risky and far more expensive than entrepreneurs anticipate, particularly when entrepreneurs adopt advice from the internet, engage in “DIY” documents or execute strategies that aren’t fully thought out. A ‘risk’ is simply a situation that has consequences or loss, danger or damage – all consequences that are best avoided. […]
5 Of The Biggest Legal Mistakes A CEO Can Make
There are many euphemisms to describe a CEO’s importance in a business. Leading is a test of abilities; it is no easy feat and means abundant responsibility. In most cases, such responsibility also brings liability. It is human to make a mistake, but as the age-old adage goes, prevention is better than cure. Here are […]
What To Consider Before Incorporating A Company
Idea to Incorporation to Success seems like a fair few cliché words however any founder can recite memorable ‘painful or painless’ experiences thinking of the start of their entrepreneurial journey. The best way to learn is from mistakes, but hopefully they will not be yours to make. Incorporating a company or getting licensed is not […]
10 Point Checklist For SME Co-Founders
Table of Contents 1. Always have a written agreement 2. Create a business plan and strategy 3. Demarcate roles and responsibilities 4. Manage conflicts of interest 5. Clear channels of communication 6. Restrictive Covenants 7. Set up a business bank account 8. Record all financial transactions in a software 9. Know the laws that apply […]
Every Founder’s Checklist (UAE)
This is a checklist curated by Crimson Legal Limited to cover all early stage startup decisions and documentation from a legal and practical perspective. This checklist may not be copied, transformed, adapted or amended nor used for any commercial purposes by any third party without the prior written consent of Crimson Legal Limited. Checklist Description […]
The Legal Framework Around The Use Of E-Signatures In The UAE
The space of technology is fast paced and its developments in the past decade alone have over exceeded anybody’s imagination. Regulation has no option but to attempt to keep up as much as possible with the ways and means in which the technology evolution, or rather revolution is occurring. In the world of business, technology […]