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Service icon What you need to know before registering a company in the UAE

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portfolio

Explore our case studies and client stories

MIRAD — Author
Gulnora Djamalova

Owner of the Mirad Group of Companies, Legal Counsel

Mistakes That Can Ruin Your Business in the UAE

How choosing the wrong consultant almost cost my client hundreds of thousands of dirhams and lengthy court proceedings. A year ago, a client decided to start a real estate business and hired a consultant who promised ease and zero risks. He was told: “Laws in the UAE don’t really work, do whatever you want, there won’t be any fines.” ❗️The company ended up facing a host of serious problems: 1. Immigration and Ministry of Labour accounts were blocked. 2. Employment contracts were drafted incorrectly. 3. An employee filed a lawsuit for AED 180,000. 4. The office was leased under extremely unfavorable conditions. 5. A AED 10,000 fine for tax violations. The owner went around the market looking for help. No one wanted to take on the case — there were too many violations and complications. In the end, he came back to me. ✅ Here’s how we resolved the issues: — Terminated the onerous office lease, saving the client AED 20,000. — Prepared a strong memorandum for the court and turned the employee lawsuit in the company’s favor. — On top of that, we filed a counterclaim for AED 350,000 in damages. In the UAE, laws are clear — and compliance is the key to your business success. Want to set up your company the right way and avoid these problems? Book a free consultation on our website!

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MIRAD — Author
Gulnora Djamalova

Owner of the Mirad Group of Companies, Legal Counsel

How Your Money Can Become a Problem for the Bank

In 2022, a client bought an apartment through a manager’s check issued by a third-party company. No official bank transactions were made in his name — and at the time, no one paid attention to this detail. The important thing seemed to be that the title deed was in hand. What happened two years later? The client decided to sell the same apartment. The bank blocked his account and demanded documents: “Where did the money for the purchase come from?” By law, banks are entitled to request transaction details going back up to five years. The problem was even bigger: the company that had issued the manager’s check had long been shut down. It was a one-day firm — like many similar companies back in 2022. A very common story. I stepped in. I found the company’s record in the system, tracked down the owner, and drafted a legal agreement with a convincing explanation: investment partnership, return of funds, and settlements via manager’s check. As a result, the client’s account was unblocked, and the funds from the property sale were successfully credited. Everything was done legally, properly, and in full compliance with the bank’s requirements. Leave a request on our website, and we’ll help you protect your interests!

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MIRAD — Author
Gulnora Djamalova

Owner of the Mirad Group of Companies, Legal Counsel

How I Helped a Client Attract an Investor and Create an Employee Fund in DIFC

Our client wanted to attract an investor and reward employees by issuing different classes of shares. This required restructuring the share capital. However, it turned out that DIFC regulators were not even aware that such a structure was possible. * DIFC — the Dubai International Financial Centre, which operates under English law. ❓ What challenges did we face? 1. Lack of experience among DIFC officers, which stretched the process out for months. 2. Regulators’ reluctance to deal with new schemes and their unwillingness to take on "non-standard" tasks. ✅ How did we solve the issue? — Held negotiations, provided legal references, and explained the purpose of different share classes. — Prepared all documentation: share agreements, meeting minutes, coordinated terms with the investor and employees. — Persuaded DIFC leadership to support our request — only thanks to their involvement did the case finally move forward. ⚠️ Key obstacle: The process took more than three months, involving: 1. Document preparation. 2. Multiple submissions. 3. Negotiations with lawyers and regulators. But we achieved acceptance of our request! 💰 Result: The client successfully attracted an investor through Class B shares and allocated 10% of Class C shares to employees. We became the first to implement such a structure in the DIFC — proof that our team can deliver results even in the most complex cases. With a free consultation, you will receive a detailed action plan. Submit your request on our website!

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MIRAD — Author
Gulnora Djamalova

Owner of the Mirad Group of Companies, Legal Counsel

Completed a Deal for an Italian Company to Purchase Residential Property

I assisted with a transaction for the purchase of residential property in Dubai for the company’s employees. We carried out full due diligence (comprehensive legal review): — prepared the documentation; — completed legalization procedures. Now the property is officially registered under the company’s name. If you also need assistance with a transaction or would like a free consultation, submit a request on our website.

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MIRAD — Author
Gulnora Djamalova

Owner of the Mirad Group of Companies, Legal Counsel

Supporting the Sale of a Factory: How to Protect the Client’s Interests?

Recently, I assisted a client with the sale of a flour mill in the UAE. The transaction was complex: the factory’s assets were valued at $40 million, including equipment, licenses, trademarks, and more than 150 employees. The initial agreement was overly complicated and failed to adequately protect the client. ❓ What risks did I identify? — Debts and obligations to employees — Lack of guarantees for timely payment — Undervaluation of assets After a thorough analysis, I recommended revising the agreement, and the client entrusted me with managing the transaction on their behalf. ✅ The outcome: 1. Client’s interests were safeguarded 2. All debts were settled 3. Proper transfer of assets and employees was ensured 💰 The deal was completed successfully. The client received all payments, protected their assets and employees’ rights, and avoided unnecessary costs and risks.

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