The United Arab Emirates (UAE) has become one of the most attractive destinations for global investors, entrepreneurs, and corporations. With its strategic location, advanced infrastructure, and diverse economy, the UAE offers immense opportunities. However, doing business here requires strict compliance with local laws—especially the UAE Commercial Companies Law.
At the same time, businesses and individuals often require legal support, whether for company formation, contract drafting, or dispute resolution. To maintain transparency and professionalism, law firms and legal consultants in the UAE provide a quotation format for legal services, ensuring clarity in scope, pricing, and expectations.
This article explains the essentials of the UAE Commercial Companies Law, why it is crucial for businesses, and how a well-structured quotation format for legal services benefits both clients and law firms.
What is the UAE Commercial Companies Law?
The UAE Commercial Companies Law (Federal Decree Law No. 32 of 2021) governs the formation, management, and dissolution of companies in the UAE. It applies to both onshore businesses and, in certain aspects, to free zone entities.
The law sets out the legal framework for:
Company formation and licensing
Ownership structures (local vs. foreign ownership)
Corporate governance requirements
Mergers, acquisitions, and restructuring
Dissolution and liquidation of companies
It ensures that companies operate within a transparent, investor-friendly, and legally compliant environment.
Key Provisions of the UAE Commercial Companies Law
1. Foreign Ownership
One of the most significant reforms allows 100% foreign ownership in many sectors, eliminating the requirement of a local Emirati sponsor for mainland companies (with some restrictions in strategic industries).
2. Corporate Governance
The law introduces clear rules for directors’ duties, shareholder rights, and accountability measures. This improves transparency and builds investor confidence.
3. Mergers and Acquisitions (M&A)
It sets out procedures for mergers, demergers, and acquisitions, ensuring compliance and protecting shareholder rights.
4. Public and Private Companies
The law distinguishes between Limited Liability Companies (LLCs), Joint Stock Companies (JSCs), and other structures, each with different requirements.
5. Company Dissolution and Liquidation
It defines the process of winding up a company, settling debts, and distributing assets.
By understanding and complying with these provisions, businesses can operate smoothly and avoid legal risks.
Why the UAE Commercial Companies Law is Important
Investor Protection – Safeguards the rights of local and foreign shareholders.
Business Growth – Encourages foreign investment by simplifying ownership structures.
Legal Compliance – Helps businesses avoid penalties and disputes.
Transparency – Promotes fair practices in management and reporting.
Economic Development – Supports the UAE’s vision of being a global investment hub.
Any company operating in Dubai or other emirates must align its structure and operations with the UAE Commercial Companies Law to remain compliant.
Legal Services in UAE: The Need for Clarity
With the complexities of corporate laws, many companies require ongoing support from law firms. Services typically include:
Company formation and restructuring
Drafting and reviewing contracts
Mergers and acquisitions advisory
Dispute resolution and arbitration
Real estate and property law guidance
Compliance with UAE Commercial Companies Law
To ensure transparency, law firms provide a quotation format for legal services before engaging with clients.
What is a Quotation Format for Legal Services?
A quotation format for legal services is a formal document that outlines the legal support being offered, the scope of work, pricing, and terms of engagement. It ensures both the client and the legal service provider are aligned before work begins.
Essential Elements of a Quotation Format for Legal Services
A professional quotation format generally includes:
Client Information – Name, company details, and contact information.
Service Description – Clearly defined legal services, e.g., “Review of company incorporation documents under UAE Commercial Companies Law.”
Scope of Work – Exact tasks to be performed.
Duration – Estimated timeline for completion.
Fee Structure – Fixed fee, hourly rate, or retainer.
Terms and Conditions – Confidentiality, payment terms, and dispute resolution mechanisms.
Validity – How long the quotation is valid (e.g., 30 days).
Authorized Signature – From the law firm for authenticity.
Benefits of Using a Structured Quotation Format
Transparency – Prevents hidden charges or unclear commitments.
Professionalism – Builds client trust and credibility.
Legal Compliance – Ensures scope of work is aligned with UAE laws.
Financial Clarity – Helps clients budget legal expenses.
Reduced Disputes – Clearly defined services minimize misunderstandings.
How Legis Vista Assists Clients
At Legis Vista, we combine in-depth expertise in UAE Commercial Companies Law with a client-centric approach. Our services include:
Advising on company formation and restructuring
Drafting shareholder agreements and governance policies
Assisting with mergers and acquisitions
Providing real estate and property law support
Litigation and dispute resolution
We also provide clear and customized quotation formats for legal services, tailored to each client’s requirements. Our quotations ensure full transparency in pricing and deliverables, so clients know exactly what to expect.
Why Choose Legis Vista?
Local Knowledge with International Standards – Deep understanding of UAE laws with global best practices.
Tailored Solutions – Customized strategies based on your industry and business goals.
Proven Track Record – Successfully advised multinational companies and SMEs.
Transparent Pricing – No hidden costs, only clear quotations and deliverables.
End-to-End Legal Support – From company formation to dispute resolution.
Conclusion
Operating a business in the UAE requires compliance with the UAE Commercial Companies Law, which governs everything from ownership structures to mergers and acquisitions. At the same time, businesses need clear and transparent engagement with law firms to avoid uncertainty in legal costs.
By using a professional quotation format for legal services, clients gain transparency, and law firms build trust. At Legis Vista, we provide both—expert legal guidance and transparent service quotations—ensuring that businesses in the UAE achieve growth, compliance, and long-term success.
