ARTICLE
14 June 2012

How To Limit Your Risk Exposure When Expanding Your Business

AM
Dr Hassan Elhais

Contributor

Dr. Elhais, with his vast legal expertise spanning family, arbitration, banking, commercial, company, criminal, inheritance, labour, and maritime law, is dedicated to providing top-tier legal solutions. As an integral member of the team at Awatif Mohammad Shoqi Advocates & Legal Consultancy in Dubai, he contributes to the firm's mission of delivering comprehensive legal counsel across the UAE. The team, as a whole, is committed to maintaining the highest levels of integrity, confidentiality, and discretion. Initially making his mark in criminal and public law, Dr. Hassan made the decision to move to Dubai in 2006, marking a significant step in his legal career. Since joining Awatif Mohammad Shoqi Advocates & Legal Consultancy, he has been an active contributor to the firm's growth and reputation. Dr. Hassan is known for his dedication to transparency in legal dealings and fee structures, a reflection of his solid ethical values.
Since Dubai became a financial hub, companies that engage in all types of business have looked to establishing a presence here.
United Arab Emirates Strategy

Since Dubai became a financial hub, companies that engage in all types of business have looked to establishing a presence here. During the boom, many people acted on a whim, with some benefitting greatly and others still suffering losses today. Legal advice on all and any business transactions is indispensible, particularly after experiences suffered as a result of not having taken legal advice on contracts entered into during the boom times.

Al Rowaad Advocates & Legal Consultancy is a full-service law firm committed to delivering excellent service to its clients and their businesses on all difficult and important matters. Established in 2003, the firm was recently renamed Al Rowaad Advocates & Legal Consultancy, the company's license owner, with an office in the most prestigious location in Dubai – the Monarch Office Tower.

Our office, with its specialized business consultancy division, is fully equipped with qualified staff to handle your enquiries relating to expanding your business here in the UAE, whether it be by incorporating a freezone offshore or Local company here in Dubai. Our expert Lawyers and Legal advisers will make sure that whichever selection you opt for is the best one for you, your business and your business strategy.

Our method is transparent and we seek to limit the risk which you or your business is exposed to when making decisions to expand. Whether it be by arranging the best business structure to meet your goals, or securing a freezone which offers you the quality and range of amenities which you require for your business to function effectively and crate success.

Business expansion can take place for a variety of reasons, and we will objectively consider all of your reasons for expansion or potential expansion before we make any suggestions to you.

If you have not thought about expanding your business, then please consider that in a globalised economy, you can no longer afford to have only local or national presence, now you need international presence. While we understand this need, we also understand the opposing need to limit the exposure to risk. Expansion can be a risky game when you do not have the right legal and business advice.

Once we understand the nature of your business and the end-goals for the strategy of your business, we can opt for a variety of solutions to enable you to expand and create an international presence. Whether you chose to set up a local, freezone or offshore entity, we can help with them all. We will create a strategy, working hand in hand with you, which will suit your goals, your timeframe and most importantly your budget.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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