What You Need To Know Before Starting A Franchise Business

In basic terms, a franchise is a license, or permission to use the name and products of an existing business, as well as the trademark. The party that grants the franchise is known as a franchisor and the party taking the franchise is known as a franchisee. Once the franchisor grants the franchise to a […]

How to Contract with a Free Zone Company or vice versa

Many businesses have opened up in the various free zones dotted around the UAE. Whilst the advantages of a free zone company are pretty well-known, 100% foreign ownership/full repatriation of profits etc., one of the anomalies is that free-zone companies are, often, prohibited from carrying on a business with persons (including companies) resident in the […]

Franchising

I. Introduction to Franchising
In basic terms, a franchise is a licence, or permission to use the name and products of an existing business as well as the trademark. The party that grants the franchise is known as a franchisor and the party taking the franchise is known as a franchisee.
Once the franchisor grants the franchise […]

Companies and their Memoranda

UPCOMING DEADLINE: 30 June, 2017- Companies and their MemorandaIf you do not amend your company‚Äôs documents by the end of 30 June, 2017, your local Limited Liability Company could be dissolved or substantial fines could be imposed.If you own or partly own shares in a LLC, then it is important that you have your Memorandum […]