“A good lawyer is not the man who has an eye to every side and angle of contingency, and qualifies all his qualifications, but who throws himself on your part so heartily that he can get you out of a scrape.”
Our Services Include:
• Corporate governance reviews and health check audits
• Assistance with Economic Substance notifications and filings
• UBO (Ultimate Beneficial Owner) information filing
• Registration on the goAML platform and support with TFS (Targeted Financial Sanctions)
reporting obligations
Special Purpose Vehicles (SPVs) are crucial for managing investment funds, real estate, risk management, asset ownership, and fundraising. A well-organized and comprehensive setup of SPVs is essential for the success of multinational corporations with a global footprint. Companies with intricate corporate structures operating internationally often encounter stringent regulations, which can be challenging to navigate.
For limited business purchases or funding structures, ELAS Legal leverages its extensive network and expertise with SPVs in both onshore and offshore Free Zones to provide valuable assistance. We oversee and manage SPV accounts tailored to your organization’s structure and objectives, helping you optimize your performance.
Our Services Include:
- Ensuring license and lease renewal deadlines are met and assisting with the process
- Dealing with Regulating Authorities to obtain No Objection Certificates and approvals
- Applying for changes in company details (name, registered address, etc.)
- Applying for the transfer of shares and changes in company officers
- Maintaining statutory records and registers
- Issuing reminders for accounting deadlines
- Conducting correspondence and meetings with authorities
- Drafting standard minutes and shareholders' resolutions
- Filing minutes and audited financial statements with authorities
When setting up a new business or expanding into new markets, directorship services can help you navigate the complexities of corporate law. Our team will manage your company's day-to-day operations, ensure compliance with all applicable local laws and regulations, and assist with your directorship requirements.
Working with experienced directors helps maintain high standards of corporate governance while ensuring adherence to local requirements. Our independence allows us to offer sound guidance and support, ensuring your business remains compliant and well-managed.
Succession planning in the UAE involves drafting a will, considering assets in multiple jurisdictions, and understanding the legal implications of your decisions. It's advisable to register your will with the relevant authorities, such as the DIFC Wills Service Centre, to ensure it is legally recognized.
Given the complexities of inheritance laws in the UAE, it is essential to consult with legal professionals to create a comprehensive succession plan that reflects your wishes and protects your family's future. Proper planning helps avoid legal disputes and ensures a smooth transition of assets.
Starting a new business can present complex and time-consuming challenges. You need a local partner to guide you through every stage of the process and ensure a smooth setup, allowing you to focus on growing your business. We will assist you in navigating these complexities and registering your company in any UAE Free Zone or mainland territory based on your needs. We collaborate with experienced local sponsors who prioritize your business's best interests.
Our Services Include:
- Complete incorporation process for legal entities.
- Advising on available business structures.
- Coordinating with advisors, notaries, banks, and lawyers as needed.
- Understanding local rules, regulations, procedures, and timelines.
- Providing guidance on choosing entity names.
- Obtaining official corporate documents, such as certificates of incorporation and
articles
of association.
- Securing relevant professional licenses, approvals, and registrations.
Elas offers comprehensive legal due diligence services in the UAE to ensure thorough examination and evaluation of legal aspects related to business transactions, investments, and corporate compliance.
Our Services Include:
a. Document Review: Analyzing key legal documents such as contracts, corporate records,
agreements, and licenses to identify potential risks and liabilities.
b. Regulatory Compliance: Assessing compliance with local laws, regulations, and industry
standards to ensure that all aspects of the business are in alignment with UAE legal
requirements.
c. Corporate Structure Analysis: Evaluating the company’s organizational structure,
including ownership, shareholder agreements, and corporate governance practices, to confirm
proper legal formation and adherence to statutory obligations.
d. Liability Assessment: Identifying and evaluating potential legal liabilities, ongoing
litigation, or disputes that may affect the business or its operations.
e. Contractual Obligations: Reviewing existing contracts and agreements to understand the
obligations, rights, and risks associated with them.
f. Intellectual Property: Verifying the status and protection of intellectual property
assets, such as patents, trademarks, and copyrights.
g. Employment Law Compliance: Assessing adherence to UAE labor laws, including employment
contracts, employee rights, and workplace regulations.
h. Financial and Tax Considerations: Analyzing financial statements and tax compliance to
ensure transparency and identify any fiscal issues.
i. Risk Management: Providing recommendations for mitigating identified risks and improving
legal and operational strategies.
j. Report and Recommendations: Delivering a detailed report on findings and offering
practical recommendations to address any issues or concerns discovered during the due
diligence process.
By leveraging our expertise, Elas helps clients make informed decisions, manage potential
risks, and ensure that their business activities in the UAE are legally sound and compliant.
Elas provides comprehensive trademark registration services both in the UAE and internationally.
Our Services Include:
a. Trademark Search and Analysis: Conducting thorough searches to ensure that your trademark
is unique and does not conflict with existing trademarks, reducing the risk of potential
disputes.
b. Application Preparation: Assisting with the preparation and filing of trademark
applications, including the necessary documentation and information required for the
registration process.
c. Local Registration in UAE: Handling the registration of trademarks with the UAE’s Federal
Trademark Office, ensuring compliance with local regulations and securing your brand’s
protection within the country.
d. International Registration: Facilitating the registration of trademarks across multiple
jurisdictions through various international treaties and agreements, such as the Madrid
System, to extend your brand protection globally.
e. Monitoring and Enforcement: Offering services to monitor the market for potential
infringements of your trademark and taking appropriate legal actions to enforce your rights.
f. Renewals and Maintenanc: Managing the renewal process for trademarks to ensure continued
protection and compliance with registration requirements.
g. Legal Advice and Strategy: Providing expert legal advice on trademark strategy, including
branding, protection, and potential legal challenges.
Elas ensures that your trademarks are registered efficiently and effectively, providing you
with robust protection for your intellectual property on both local and international
levels.