Company Formation in SHAMS

SHAMS, or Sharjah Media City, is one of the newest and most desirable free zones for entrepreneurs and businesses in the UAE. Offering a dynamic environment and exceptional facilities, SHAMS is the perfect place for creativity to flourish

As a trusted and reputable provider of internal audit services in the UAE, we are dedicated to helping businesses achieve their objectives and maintain compliance with regulatory requirements. Our team of highly skilled and experienced professionals is committed to delivering tailored solutions that address your unique needs and add value to your organization.

Company Formation in SHAMS

Types of Licenses

Service License
Trading License
Industrial License
Holding License

Procedure for SHAMS Company Formation

Business Activity Selection and Name Approval

Identify the activities your business will undertake, and select a trade name. Submit these for approval.

Application Submission

Fill out the application form and submit it along with the required documents, such as passport copies, business plan, and CV (if applicable).

Payment

Upon receiving initial approval, you’ll need to pay the necessary fees to get your trade license issued.

License Issuance

After the payment is processed, your business license will be issued. Now, you can conduct business under your new company’s name.

Establishment Card and Visa Processing

Once your license is issued, the next step is to apply for an establishment card, which will allow you to process visas.

Benefits of SHAMS Company Formation

Ease of Set-up

The process of setting up a business in SHAMS is straightforward and investor-friendly.

Cost-Effective

Compared to other free zones, the cost of setting up a company in SHAMS is quite affordable, making it attractive for startups and small businesses.

No Physical Office Requirement

There is no need for a physical office to set up a business in SHAMS.

Variety of Business Activities

SHAMS allow for a wide range of business activities, making it a versatile choice for many different types of businesses.

No Currency Restrictions

There are no restrictions on currency movement, providing ease of international business and transactions.

Residence Visa

It provides an opportunity for the business owner and their employees to get a UAE residence visa.

Strategic Location

SHAMS is conveniently located, providing businesses with easy access to both the eastern and western global markets.

Our SHAMS Company Formation Services

Comprehensive Consultation

We understand that each business is unique and requires specific strategies and solutions. Our experts will provide a comprehensive consultation to understand your business objectives and guide you on the most suitable license type and business structure.

Documentation Assistance

Our adept team assists you in gathering, preparing, and submitting all the required documents for the company formation process in SHAMS. We ensure that all your paperwork is accurate, complete, and submitted on time to avoid unnecessary delays or rejection.

Business Licensing

Adepts Chartered Accountants will guide you in selecting the most suitable business activity for your company and apply for the right business license accordingly. Whether it’s a commercial license, service license, or industrial license, we’ve got you covered.

Legal and Compliance Guidance

Navigating the legalities and regulations in a foreign country can be complex. We help you understand the UAE and SHAMS legal and compliance landscape, and ensure that your business complies with all necessary regulations and laws.

Post-Formation Support

Our services don’t just stop at company formation. We offer post-formation support to help your business in SHAMS thrive. From accounting and bookkeeping to VAT registration and compliance, we provide a range of business services to help you focus on growing your business while we take care of the rest.

frequently asked questions

What type of businesses can be formed in SHAMS?

SHAMS is open to a wide variety of business types and industries, including media, trade, services, and consultancies among others.

What documents are required for company formation in SHAMS?

Typically, you would need a passport copy, visa copy, and a business plan, among other documents. The exact requirements can vary depending on the type of business and license.

How long does the company formation process in SHAMS take?

The duration can vary depending on the type of business and the speed of document submission, but typically it can take from a few days to a couple of weeks.

Why Choose ADEPTS

Expertise and Experience

At Adepts Chartered Accountants, our team consists of highly skilled professionals with extensive experience in managing complex regulatory and accounting standards. We are proficient in both local and international regulations, ensuring our services are accurate and fully compliant.

Tailored Solutions

Recognizing the unique nature of each Business, we offer customizable services designed to align with your specific needs and business objectives. We collaborate closely with you to understand your requirements and deliver solutions that achieve optimal results.

Time and Cost Efficiency

By choosing our services, you benefit from significant savings in time and resources. Our solutions are engineered to be cost-effective, providing high-quality support without the need for substantial internal investment.

Accuracy and Compliance

We prioritize accuracy and compliance in every aspect of our service. Our meticulous approach and rigorous procedures ensure precision and adherence to standards, reducing the risk of errors and the potential for non-compliance penalties.

Dependable Service

Dedicated to delivering reliable and consistent services, we aim to build long-term relationships with our clients based on trust, integrity, and mutual respect.

Legal Counselling

Welcome to Adepts Chartered Accountants, your trusted provider of Legal Counselling services in the UAE. We understand the complex legal landscape and the challenges businesses and individuals face in navigating the legal framework. Our experienced team of legal professionals provides strategic and practical advice to help you make informed decisions and effectively manage legal matters

What is Legal Counseling?

Legal counseling is the provision of professional advice and guidance on legal matters. It involves assessing legal issues, providing insights into laws and regulations, and offering recommendations to help individuals and businesses make informed decisions and manage legal risks.

Importance of Legal Counseling

Legal Compliance

Ensure compliance with applicable laws and regulations, minimizing legal risks and potential penalties.

Risk Management

Identify and mitigate legal risks, protecting your interests and assets.

Business Growth and Expansion

Receive expert advice on legal matters related to business growth, mergers and acquisitions, contracts, and more.

Cost-Effective Solutions

Legal counseling can help you explore cost-effective solutions and alternatives, minimizing legal expenses while still achieving desired outcomes.

Long-Term Protection

Legal counseling provides long-term protection by helping you understand and navigate the legal landscape, ensuring your rights and interests are safeguarded.

Our Legal Counseling Services

Legal Consultation

We offer expert guidance and advice on various areas of law, assisting clients in understanding their legal rights, obligations, and potential risks.

Contract Review and Drafting

Our legal professionals help clients with contract drafting, reviewing, and negotiation to ensure clarity, fairness, and protection of their rights and interests.

Regulatory Compliance

We assist businesses in navigating complex regulatory frameworks, ensuring compliance with applicable laws and regulations specific to their industry.

Legal Research and Opinions

Our legal professionals conduct in-depth research and analysis on legal matters to provide clients with accurate and up-to-date information for informed decision-making.

Legal Representation

We offer legal representation services, advocating for our clients’ interests in legal proceedings, including negotiations, settlements, and litigation.

Our Approach to Legal Counseling Services

At Adepts Chartered Accountants, we follow a meticulous and tailored approach to internal audit, ensuring that our services align with the specific needs and objectives of our clients. With our expertise and commitment to excellence, we strive to deliver comprehensive and valuable insights to enhance your organization’s operations, risk management, and internal control systems.

Client Understanding

We strive to understand our clients’ unique needs, circumstances, and objectives. We take the time to listen and gather comprehensive information to tailor our advice and solutions accordingly.

Comprehensive Analysis

We conduct thorough analysis of legal matters, considering relevant laws, regulations, and precedents. Our team carefully examines all aspects of the case to provide accurate assessments and practical recommendations.

Clear Communication

We believe in clear and transparent communication. We ensure that complex legal concepts and processes are explained in a way that clients can easily understand. We keep our clients informed at every stage, empowering them to make informed decisions.

Ethical and Professional Conduct

We adhere to the highest standards of professional ethics and conduct. Our team maintains confidentiality, integrity, and professionalism throughout the legal counseling process.

Collaboration and Support

We foster a collaborative relationship with our clients, working as trusted advisors and partners. We provide ongoing support, address any concerns, and guide our clients through legal complexities with empathy and dedication.

frequently asked questions

Do I need legal counseling if I have a small business?

Legal counseling is beneficial for businesses of all sizes. It helps you navigate legal complexities, ensure compliance, protect your rights, and make informed decisions to mitigate risks.

How much does legal counseling cost?

The cost of legal counseling services may vary depending on factors such as the complexity of the matter, scope of services, and the expertise of the legal professionals involved. We offer competitive pricing and can provide a tailored quote based on your specific needs.

Can you help with legal disputes or litigation?

Yes, we have experience in dispute resolution and can provide guidance and representation in legal disputes, whether through negotiation, mediation, or, if necessary, litigation.

Is legal counseling confidential?

Yes, client confidentiality is of utmost importance to us. We adhere to strict professional and ethical standards, ensuring that all discussions and information shared during the legal counseling process are kept confidential.

How long does a legal counseling session typically last?

The duration of a legal counseling session can vary depending on the complexity of the matter and the depth of discussion required. We strive to provide sufficient time to address all relevant issues and ensure a comprehensive understanding of your situation.

Why Choose ADEPTS

Expertise and Experience

Tailored Solutions

Time and Cost Efficiency

Accuracy and Compliance

Dependable Service

Dedicated to delivering reliable and consistent services, we aim to build long-term relationships with our clients based on trust, integrity, and mutual respect.

Trademark Registration

Welcome to Adepts Chartered Accountants, the leading provider of Trademark Registration services in the UAE. We understand the significance of protecting your intellectual property rights and helping you establish a strong brand identity

What is Trademark Registration?

Trademark registration is the process of legally protecting a word, symbol, or design that represents a brand or business. It provides exclusive rights and prevents others from using similar marks, ensuring brand identity and consumer recognition.

Importance of Trademark Registration

Brand Protection

Safeguard your brand identity and prevent others from using similar marks that could cause confusion among consumers.

Exclusive Rights

Obtain exclusive rights to use your trademark in connection with the goods or services covered by the registration.

Legal Enforcement

Establish a legal basis for enforcement actions against potential infringers, protecting your brand from unauthorized use.

Market Differentiation

Stand out from competitors by distinguishing your products or services with a registered trademark, building consumer trust and loyalty.

Our Trademark Registration Services

Trademark Search and Analysis

We conduct comprehensive searches to assess the availability of your desired trademark, ensuring it does not infringe on existing trademarks. Our analysis helps identify potential obstacles and minimize the risk of rejection during the registration process.

Trademark Filing and Application

Our team guides you through the entire trademark registration process, preparing and filing the necessary applications with the relevant authorities in the UAE. We ensure that the application is accurate, complete, and in compliance with the required documentation and legal requirements.

Trademark Prosecution and Maintenance

We handle the prosecution phase of the trademark registration process, including responding to office actions and overcoming objections raised by the authorities. Additionally, we provide ongoing maintenance services, such as trademark renewals and monitoring to ensure the continued protection of your trademarks.

Our Approach to Trademark Registration Services

Comprehensive Trademark Search

We conduct thorough trademark searches to assess the availability of your desired mark and identify any potential conflicts. This helps minimize the risk of rejection and ensures a smooth registration process.

Strategic Advice

Our experienced professionals provide strategic guidance, considering your business objectives and industry-specific requirements. We offer tailored solutions to maximize the chances of successful trademark registration.

Accurate Application Preparation

We meticulously prepare and file trademark applications, ensuring all necessary documentation and information are accurate and complete. Our attention to detail minimizes the likelihood of errors or omissions that could delay or jeopardize the registration process.

Responsive Communication

We maintain open and responsive communication with our clients, keeping you informed about the progress of your trademark registration. Our team is readily available to address any queries or concerns you may have throughout the process.

Legal Expertise

With our deep knowledge of trademark laws and regulations in the UAE, we ensure that your trademark registration aligns with the legal requirements and guidelines set forth by the authorities.

frequently asked questions

What is a trademark?

A trademark is a distinctive sign, such as a word, logo, or symbol, that represents a brand or business and helps consumers identify and distinguish its products or services.

Why should I register a trademark?

Registering a trademark provides legal protection and exclusive rights to use the mark in connection with your goods or services. It helps prevent others from using similar marks and strengthens your brand identity.

How long does the trademark registration process take?

The trademark registration process duration varies depending on various factors, including the jurisdiction and the complexity of the application. In the UAE, it generally takes several months to a year or more.

What can be registered as a trademark?

Trademarks can include words, logos, slogans, colors, sounds, or even product shapes. However, the mark must meet certain criteria, such as being distinctive, non-generic, and not infringing on existing trademarks.

Can I register a trademark internationally?

Yes, trademark registration can be done internationally through various processes, such as filing directly in each desired country or using international registration systems like the Madrid System for the International Registration of Marks.

What happens if someone infringes on my registered trademark?

If someone infringes on your registered trademark, you have legal recourse to protect your rights. This may include sending cease and desist letters, initiating legal proceedings, and seeking damages or injunctions to stop the infringing activities.

Why Choose ADEPTS

Expertise and Experience

Tailored Solutions

Time and Cost Efficiency

Accuracy and Compliance

Dependable Service

Dedicated to delivering reliable and consistent services, we aim to build long-term relationships with our clients based on trust, integrity, and mutual respect.

Litigation and Dispute Resolution

Litigation and Dispute Resolution involves the process of resolving legal disputes either through court proceedings or alternative methods such as negotiation, mediation, or arbitration. It provides a structured approach for parties to seek resolution, protect their rights, and find mutually acceptable solutions to conflicts

What is Litigation and Dispute Resolution?

Importance of Litigation and Dispute Resolution

Legal Protection

Litigation and dispute resolution processes provide a legal framework for resolving conflicts, protecting the rights and interests of individuals and businesses involved.

Fair Resolution

These processes ensure that disputes are addressed in a fair and impartial manner, allowing parties to present their arguments and evidence for a just decision or negotiated settlement.

Preserving Relationships

Alternative dispute resolution methods, such as mediation and negotiation, can help preserve relationships between parties by facilitating open communication and finding mutually agreeable solutions.

Efficient Resolution

Timely and efficient resolution of disputes can help minimize financial losses, save valuable time and resources, and allow parties to focus on their core activities.

Preventing Future Disputes

By resolving conflicts through litigation or alternative methods, parties can establish precedents, clarify legal positions, and take preventive measures to avoid similar disputes in the future.

Our Litigation and Dispute Resolution Services

Litigation Representation

Our experienced team of litigators provides skilled representation in a wide range of legal disputes. We handle civil litigation cases, commercial disputes, contractual disputes, employment-related conflicts, and more. Our focus is on advocating for our clients’ interests and achieving the best possible outcomes in court.

Alternative Dispute Resolution

We recognize that litigation may not always be the most suitable option. Therefore, we offer alternative dispute resolution methods such as negotiation, mediation, and arbitration. Our trained mediators and negotiators work towards finding mutually agreeable solutions, minimizing costs, and preserving relationships

Case Assessment and Strategy

We conduct thorough case assessments to evaluate the merits of your legal dispute. Our team develops strategic approaches tailored to your specific goals, identifying strengths and weaknesses, and devising effective legal strategies to maximize your chances of success.

Legal Research and Documentation

We conduct extensive legal research, analyze relevant laws, regulations, and precedents to build a strong legal foundation for your case. Our team prepares and presents well-structured legal arguments and documentation to support your position

Fraud Risk Assessment

Our experts employ specialized techniques to evaluate your organization’s vulnerability to fraud. We identify potential fraud risks, assess existing controls, and recommend measures to mitigate fraud-related threats effectively.

Settlement Negotiation

We assist in negotiating settlements to resolve disputes efficiently and avoid prolonged litigation. Our team has expertise in settlement agreements, ensuring your interests are protected, and achieving mutually beneficial resolutions.

Our Approach to Litigation and Dispute Resolution Services

Strategic Planning

We begin by understanding the unique circumstances and objectives of each client’s case. Our experienced team conducts a thorough analysis of the legal dispute, identifies key issues, and develops a strategic plan tailored to achieve the desired outcomes.

Negotiation and Alternative Dispute Resolution

We recognize that litigation may not always be the most efficient or desirable option. Therefore, we explore negotiation and alternative dispute resolution methods such as mediation or arbitration to find mutually beneficial solutions and preserve relationships when appropriate.

Effective Case Management

We employ efficient case management practices to streamline the litigation process and ensure deadlines and procedural requirements are met. Our team is diligent in gathering evidence, preparing legal documentation, and presenting compelling arguments to support your case.

Strong Advocacy

Whether in court or alternative dispute resolution proceedings, we provide skilled advocacy to protect your rights and interests. We present your case persuasively, engage in effective negotiations, and leverage our legal expertise to maximize your chances of a favorable outcome.

frequently asked questions

What types of disputes can you handle?

We handle a wide range of disputes, including civil litigation, commercial disputes, contractual disagreements, employment-related conflicts, property disputes, and more.

How long does the litigation process typically take?

The duration of the litigation process varies depending on the complexity of the case, the court's caseload, and other factors. It can range from several months to several years.

Can you handle international disputes?

Yes, our team has experience in handling international disputes. We work closely with our network of global partners and have the expertise to navigate the complexities of cross-border disputes.

How much will the litigation or dispute resolution process cost?

The cost of litigation or dispute resolution depends on various factors, such as the complexity of the case, the amount of legal work involved, and the duration of the process. We provide transparent and competitive pricing based on the specific requirements of your case.

Can you represent both individuals and businesses in litigation?

Yes, we represent both individuals and businesses in litigation matters. Our team has experience in handling cases for a diverse range of clients, including individuals, small businesses, corporations, and government entities.

Why Choose ADEPTS

Expertise and Experience

Tailored Solutions

Time and Cost Efficiency

Accuracy and Compliance

Dependable Service

Dedicated to delivering reliable and consistent services, we aim to build long-term relationships with our clients based on trust, integrity, and mutual respect.

Legal Documentation, Policies and Procedures

Welcome to Adepts Chartered Accountants, a leading provider of Legal Documentation, Policies, and Procedures services in the UAE. We understand the importance of robust and comprehensive documentation in ensuring legal compliance, promoting transparency, and mitigating risks for businesses

What is Legal Documentation, Policies, and Procedures?

Legal Documentation, Policies, and Procedures refer to the creation, review, and implementation of various legal documents, policies, and standardized procedures within an organization. These documents and frameworks are designed to ensure legal compliance, establish clear guidelines for operations, and mitigate risks by providing a structured approach to decision-making and behavior within the organization.

Importance of Legal Documentation, Policies, and Procedures

Legal Compliance

Legal documentation, policies, and procedures help organizations adhere to relevant laws, regulations, and industry standards, ensuring legal compliance and reducing the risk of penalties or legal disputes.

Risk Mitigation

Properly drafted and implemented legal documentation, policies, and procedures help identify, manage, and mitigate risks that may arise in business operations, protecting the organization from potential legal and financial liabilities.

Consistency and Efficiency

Standardized policies and procedures promote consistency in decision-making and operations, streamlining processes and enhancing operational efficiency within the organization.

Transparency and Accountability

Legal documentation, policies, and procedures promote transparency by providing clear guidelines for behavior, responsibilities, and actions. They help establish a culture of accountability and ethical conduct within the organization.

Our Legal Documentation, Policies, and Procedure Services

Legal Documentation Drafting and Review

We assist in drafting, reviewing, and negotiating various legal documents, contracts, agreements, and terms and conditions to ensure clarity, enforceability, and legal compliance.

Policy Development and Implementation

We help develop customized policies and procedures that align with your business objectives and comply with relevant laws and regulations. Our services include policy drafting, implementation support, and employee training.

Policy and Procedure Review and Update

We conduct thorough reviews of your existing policies and procedures to identify gaps, update outdated documents, and ensure they align with current legal requirements and industry best practices.

Compliance Assessment and Support

We assess your organization’s compliance with legal and regulatory requirements, identifying areas that require attention or improvement. Our team provides guidance and support in implementing necessary compliance measures.

Our Approach to Providing Legal Documentation,
Policies, and Procedures Services

Understanding Your Needs

We start by gaining a deep understanding of your organization, its industry, and specific requirements. This allows us to tailor our services to meet your unique needs and ensure that the legal documentation, policies, and procedures we develop align with your business goals.

Collaborative Approach

We believe in fostering collaboration and working closely with your team. Our experts will engage with key stakeholders to gather necessary information, address any concerns, and ensure that the developed documentation and frameworks reflect the collective input and objectives of your organization.

Compliance and Legal Expertise

Our team of experienced legal professionals possesses extensive knowledge and expertise in relevant laws, regulations, and industry practices. We stay up-to-date with the latest legal developments to ensure that the documentation, policies, and procedures we provide are in compliance with applicable legal requirements.

Clear and Practical Guidance

Our aim is to provide clear and practical guidance through our documentation services. We focus on creating documents that are concise, easily understandable, and actionable, enabling your team to implement them effectively and efficiently.

Ongoing Support

We offer ongoing support beyond the initial development and implementation of legal documentation, policies, and procedures. Our team is available to address any questions, provide guidance, and assist with updates or revisions as your organization evolves or new legal requirements emerge.

frequently asked questions

How often should policies and procedures be reviewed and updated?

Regular reviews of policies and procedures are recommended to ensure they remain up-to-date with legal requirements and industry best practices. The frequency of reviews may depend on factors such as regulatory changes, organizational changes, and emerging risks.

How can legal documentation, policies, and procedures help with employee management?

Clear policies and procedures establish guidelines for employee behavior, expectations, and responsibilities. They promote consistency, fairness, and compliance with legal requirements, helping to manage employee conduct, performance, and disciplinary actions effectively.

Can you assist with the implementation and training of policies and procedures?

Yes, we provide support in implementing and communicating policies and procedures within your organization. We can assist with employee training, creating awareness materials, and facilitating the integration of policies and procedures into your operational processes.

How can legal documentation services help during business transactions?

Legal documentation services are crucial in business transactions, such as mergers, acquisitions, or partnerships. Properly drafted and reviewed documents protect your interests, outline rights and obligations, and minimize legal risks, ensuring a smooth and secure transaction.

Why Choose ADEPTS

Expertise and Experience

Tailored Solutions

Time and Cost Efficiency

Accuracy and Compliance

Dependable Service

Dedicated to delivering reliable and consistent services, we aim to build long-term relationships with our clients based on trust, integrity, and mutual respect.

Legal Due Diligence

Welcome to Adepts Chartered Accountants, a trusted provider of Legal Due Diligence services in the UAE. We understand the critical importance of conducting thorough legal due diligence in various business transactions, including mergers and acquisitions, investments, joint ventures, and partnerships

What is Legal Due Diligence?

Legal due diligence is a thorough examination and analysis of legal risks, obligations, and compliance requirements associated with a business transaction. It involves reviewing contracts, agreements, licenses, permits, and other legal documents to identify potential legal issues and ensure regulatory compliance. The goal is to assess and mitigate legal risks, make informed decisions, and protect the interests of all parties involved in the transaction.

Importance of Legal Due Diligence

Risk Identification and Mitigation

Legal due diligence helps identify potential legal risks, liabilities, and compliance issues associated with a business transaction. It enables proactive measures to mitigate risks and protect the interests of all parties involved.

Informed Decision-Making

Through legal due diligence, parties gain a comprehensive understanding of the legal aspects of the transaction. This information empowers them to make informed decisions, assess the potential impact on their business, and negotiate favorable terms and conditions.

Compliance Assurance

Legal due diligence ensures compliance with relevant laws, regulations, and licensing requirements. It helps identify any non-compliance issues, allowing parties to take corrective actions and prevent potential legal and regulatory consequences.

Transaction Transparency and Value Preservation

By conducting legal due diligence, parties demonstrate transparency and credibility in the transaction. It helps preserve the value of the transaction by identifying and addressing legal issues, minimizing the potential for disputes or unexpected legal liabilities.

Our Legal Due Diligence Services

Transactional Due Diligence

Conducting comprehensive legal reviews and analysis of contracts, agreements, and legal documents related to mergers, acquisitions, investments, or other business transactions. We assess legal risks, identify potential liabilities, and provide valuable insights to support informed decision-making.

Regulatory Compliance Due Diligence

Evaluating the compliance of a target company or investment opportunity with relevant laws, regulations, and licensing requirements. We assess potential legal and regulatory risks, ensuring that your business complies with all applicable legal obligations.

Contractual Due Diligence

Reviewing and analyzing contracts and agreements to identify any potential legal issues, inconsistencies, or unfavorable terms. We help you understand the legal implications of existing contracts and assess their impact on your business objectives.

Intellectual Property Due Diligence

Assessing the intellectual property assets and rights of a target company or investment opportunity. We review trademarks, copyrights, patents, and other intellectual property-related agreements to identify potential risks and ensure proper protection of valuable assets.

Our Approach To Providing Legal Due Diligence Services

Thorough Examination

We conduct a comprehensive examination of legal documents, contracts, agreements, licenses, permits, and other relevant legal aspects. Our team of experienced legal professionals meticulously reviews these documents to identify any potential legal issues, risks, or non-compliance issues.

Risk Assessment

Based on the examination and analysis, we assess the identified legal risks and provide a clear assessment of their potential impact on the transaction. We prioritize risks and provide recommendations on risk mitigation strategies to protect the interests of our clients

Reporting and Recommendations

We prepare comprehensive legal due diligence reports that summarize our findings, assessments, and recommendations. These reports provide a clear and concise overview of the legal aspects, potential risks, and compliance requirements relevant to the transaction. Our recommendations help clients make informed decisions and take necessary actions to address legal issues and mitigate risks.

Collaboration and Communication

We believe in maintaining open communication and collaboration with our clients throughout the legal due diligence process. We work closely with clients to understand their specific needs, address their concerns, and provide regular updates on the progress of the due diligence process.

frequently asked questions

When is legal due diligence necessary?

Legal due diligence is necessary in various business transactions, such as mergers and acquisitions, investments, joint ventures, partnerships, and financing arrangements. It is essential to protect the interests of all parties involved and ensure a thorough understanding of the legal aspects of the transaction.

What is the scope of legal due diligence?

The scope of legal due diligence may vary based on the nature of the transaction and specific requirements. It typically includes a review of contracts, agreements, licenses, permits, regulatory compliance, litigation history, intellectual property rights, employment matters, and other legal documents relevant to the transaction.

What happens if legal issues are discovered during due diligence?

If legal issues are identified during due diligence, parties can address them through various means, such as renegotiating terms, seeking legal remedies, implementing risk mitigation strategies, or reconsidering the transaction altogether. The resolution depends on the nature and significance of the legal issues discovered.

Who should conduct legal due diligence?

Why Choose ADEPTS

Expertise and Experience

Tailored Solutions

Time and Cost Efficiency

Accuracy and Compliance

Dependable Service

Dedicated to delivering reliable and consistent services, we aim to build long-term relationships with our clients based on trust, integrity, and mutual respect.

Legal structuring

At Adepts Chartered Accountants, we understand the critical role of internal audit in ensuring the effectiveness of your organization's operations, risk management, and internal control systems. As a trusted and reputable provider of internal audit services in the UAE, we are dedicated to helping businesses achieve their objectives and maintain compliance with regulatory requirements.

What is Legal Structuring?

Legal structuring refers to the process of establishing the appropriate legal framework for a business entity. It involves selecting the suitable legal entity, organizing the internal structure, and ensuring compliance with laws and regulations. The goal is to optimize operations, minimize legal risks, and achieve strategic objectives within the defined legal framework. At Adepts Chartered Accountants, we understand the critical role of internal audit in ensuring the effectiveness of your organization’s operations, risk management, and internal control systems. As a trusted and reputable provider of internal audit services in the UAE, we are dedicated to helping businesses achieve their objectives and maintain compliance with regulatory requirements.

Importance of Legal Structuring

Liability Protection

Proper legal structuring helps protect the personal assets of business owners by establishing a separate legal entity, limiting liability to the company’s assets.

Operational Efficiency

Effective legal structuring allows businesses to streamline operations, allocate responsibilities, and establish clear lines of authority and decision-making, leading to improved efficiency and productivity.

Tax Optimization

By choosing the right legal structure, businesses can optimize their tax obligations, taking advantage of applicable tax incentives, deductions, and exemptions, ultimately reducing tax liabilities.

Investor Confidence

A well-structured legal framework enhances investor confidence by demonstrating compliance with regulations, providing transparency, and ensuring proper governance practices, thereby attracting potential investors and stakeholders.

Scalability and Growth

Proper legal structuring facilitates future growth and expansion, making it easier to attract financing, enter into partnerships or joint ventures, and adapt to changing market conditions. It provides a foundation for long-term sustainability and success.

Regulatory Compliance

Legal structuring ensures compliance with relevant laws, regulations, and licensing requirements, mitigating the risk of penalties, legal disputes, and reputational damage.

Our Legal Structuring Services

Company Formation and Setup

Assisting clients in selecting the appropriate legal entity for their business, such as Limited Liability Company (LLC), Free Zone Company, or Offshore Company. We handle all aspects of company formation and setup, including drafting legal documents, obtaining necessary licenses, and ensuring compliance with regulatory requirements.

Corporate Restructuring and Reorganization

Providing guidance and support in corporate restructuring and reorganization, including mergers, acquisitions, spin-offs, and joint ventures. We help clients navigate the legal complexities involved in these transactions, ensuring smooth transitions and optimizing corporate structures.

Internal Control Framework Development

We assist in establishing and enhancing your internal control framework, ensuring it aligns with industry best practices and regulatory requirements. Our experts provide guidance on control design, implementation, and monitoring to strengthen your organization’s risk management processes.

Legal Due Diligence

Conducting thorough legal due diligence to assess the legal risks associated with a business entity or transaction. We identify potential legal issues, review contracts and agreements, and provide comprehensive reports that enable informed decision-making.

Corporate Governance and Compliance

Assisting clients in establishing robust corporate governance frameworks, developing compliance programs, and ensuring adherence to local laws and regulations. We provide guidance on board responsibilities, internal controls, ethics, and regulatory compliance.

Our Approach To Providing Legal Structuring Services

Client Consultation

We begin by conducting in-depth consultations with our clients to understand their unique needs, business goals, and industry dynamics. We listen to their requirements, challenges, and aspirations to develop a clear understanding of their objectives.

Legal Expertise

Our team of legal professionals possesses extensive knowledge and expertise in UAE laws, regulations, and business practices. We stay updated with the latest legal developments to ensure accurate and reliable guidance for our clients.

Analysis and Assessment

We conduct a thorough analysis and assessment of our clients’ business operations, ownership structure, and growth objectives. This evaluation helps us determine the most suitable legal entity and structure that aligns with their specific requirements.

Ongoing Support

Our commitment doesn’t end with the completion of the legal structuring process. We provide ongoing support and guidance to our clients, helping them navigate any legal complexities, compliance requirements, or future adjustments to their legal framework.

frequently asked questions

What is the best legal structure for my business?

The best legal structure depends on various factors, such as the nature of your business, ownership preferences, liability considerations, tax implications, and regulatory requirements. We assess your unique needs and provide recommendations tailored to your specific situation.

What are the advantages of forming a Limited Liability Company (LLC)?

LLCs offer limited liability protection, allowing owners to separate personal assets from business liabilities. They also provide flexibility in management and taxation, making them a popular choice for many businesses in the UAE.

What licenses and permits are required for business operations in the UAE?

The licenses and permits required vary depending on the type of business activity and the jurisdiction in which you operate. We assist in identifying the specific licenses and permits required and guide you through the application process.

How can legal structuring help me minimize tax obligations?

The choice of legal structure can impact your tax obligations. We assess your business and recommend tax-efficient structuring options that align with applicable tax laws, incentives, and exemptions.

What are the legal compliance requirements for businesses in the UAE?

The UAE has specific legal and regulatory compliance requirements for businesses, including company registration, commercial licensing, labor laws, and industry-specific regulations. We guide you in understanding and complying with these requirements.

How long does it take to complete the legal structuring process?

Can you assist with legal structuring for offshore companies?

Yes, we provide legal structuring services for offshore companies. We help you navigate the legal requirements and regulatory framework specific to offshore jurisdictions, ensuring compliance and effective structuring.

Why Choose ADEPTS

Expertise and Experience

Tailored Solutions

Time and Cost Efficiency

Accuracy and Compliance

Dependable Service

Dedicated to delivering reliable and consistent services, we aim to build long-term relationships with our clients based on trust, integrity, and mutual respect.

services

Legal Advisory

It involves analyzing various factors such as the financial performance, assets, liabilities, market conditions, and growth potential of the business to arrive at an estimated value.

Legal Structuring

Legal Documentation, Policies And Procedures

Trademark Registration

Legal Due Diligence

Litigation And Dispute Resolution

Legal Counseling

Welcome to Adepts Chartered Accountants, your trusted provider of Legal Counseling services in the UAE. We understand the complex legal landscape and the challenges businesses and individuals face in navigating the legal framework. Our experienced team of legal professionals provides strategic and practical advice to help you make informed decisions and effectively manage legal matters.

ETIP Certification

The Energy Tariff Incentive Program (ETIP) is a unique initiative aimed at encouraging industrial and commercial establishments to implement energy-saving practices. The program offers incentives in the form of reduced tariff rates for those demonstrating energy efficiency

What is ETIP Certification?

The Need for ETIP Certification

Government Compliance

Adepts Chartered Accountants can guide you through the process of securing the appropriate license for your company. Here are the main types of licenses available in Abu Dhabi

Procedure to Obtain ETIP Certification

Initial Evaluation

We begin with an initial evaluation of your organization's energy consumption. This involves understanding your current energy usage patterns, evaluating your existing energy-saving practices, and identifying areas where improvements can be made.

Energy Audit

A thorough energy audit is carried out to assess the energy efficiency of your organization. This audit will be based on the guidelines set by the ETIP program, and it will provide an accurate measurement of your organization's energy efficiency.

Implementation of Energy-Saving Measures

Based on the results of the energy audit, we will recommend specific measures that can help improve energy efficiency. This could include anything from upgrading to energy-efficient equipment to implementing energy-saving practices.

Application for ETIP Certification

Once the energy-saving measures are in place, we will assist you with the application process for the ETIP certification. This involves preparing and submitting all necessary documentation and evidence of your organization's energy efficiency.

Certification and Compliance Monitoring

If the ETIP program authorities are satisfied with the application, they will issue the ETIP certification. But the process doesn't end there. We provide ongoing compliance monitoring to ensure that your organization continues to meet the energy efficiency requirements of the ETIP certification.

Our Energy Tariff Incentive Program (ETIP) Services

Energy Audit

Our first step in helping you attain the ETIP certification is carrying out a comprehensive energy audit. This will provide us with a clear understanding of your current energy consumption and highlight areas where improvements can be made.

Consultation and Planning

Post the energy audit, our team of experts will consult with your organization, providing advice on the best energy-saving measures to implement. We will help you develop a strategic plan that targets energy efficiency and aligns with the ETIP’s guidelines.

Implementation Assistance

We assist you in implementing the energy-saving measures suggested in the strategic plan. We offer guidance during the acquisition and installation of energy-efficient technologies and the implementation of energy-saving practices.

Application Support

Our team will guide you through the ETIP certification application process. We will help you prepare and submit all necessary documentation, ensuring your application accurately represents your energy efficiency efforts.

Compliance Monitoring

Once you have achieved the ETIP certification, we will continue to support you by monitoring your energy efficiency compliance. We help ensure that your organization maintains the standards necessary to retain the ETIP certification.

Reporting and Documentation

We provide you with regular reports detailing your energy consumption, savings, and efficiency. Plus, we ensure all your energy efficiency records are well-documented for future audits and reviews.

frequently asked questions

Who is eligible for the ETIP?

Commercial and industrial establishments in the UAE that meet certain energy efficiency standards can apply for ETIP.

Your company can qualify for the ETIP by implementing energy-efficient practices and technologies, and demonstrating significant energy savings.

How long does the ETIP Certification process take?

The duration of the ETIP certification process varies depending on your organization's current energy practices and the extent of changes required. Adepts will provide a timeline estimate once the energy audit is complete.

Does ETIP Certification apply to all industries?

The ETIP aims to improve energy efficiency across all sectors. Therefore, companies from various industries, including manufacturing, retail, hospitality, and more, can benefit from this program.

Why Choose ADEPTS

Expertise and Experience

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Time and Cost Efficiency

Accuracy and Compliance

Dependable Service

Dedicated to delivering reliable and consistent services, we aim to build long-term relationships with our clients based on trust, integrity, and mutual respect.

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