UAE is dynamic, especially business environment here is electrifying and vibrant. It attracts tourists to buy from brands that are familiar and prominent. The cosmopolitan crowd makes the UAE a generative franchising ground. The anticipation of extending businesses drives brand owners to the UAE while the local community makes fringe benefits from operating their own business.
Commercial agencies law at a glance
This is a law considered in the case of franchise arrangements. For a contract to apply;
A UAE resident must be the owner of the firm or be an entity owned completely by UAE nationals.
Authenticity of the relationship is a must either to the territory or a specific product.
The terms and conditions between the two parties must be under registration.
The most epic advantage of having a multi-cultural population is in the interest of investors who are willing to test their products in a diverse nation. Hence, franchises are a common thing in UAE. Few known international brands include restaurants, coffee shops, hotels, food and beverage companies, ice cream parlours, designer outlets, boutiques, etc. Such businesses represent the brand with international trademarks and provide international quality products.
Our team at HYA & Legal consultancy believes that franchising will carry on be a huge investment opportunity. It will provide equal benefit to both the local and global investors as they aspire to enlarge their markets.
Turning your dream business into a real thing we have our franchise expertise team positioned to help you here. HYA & Legal consultant will nurture the structure of your franchise from structuring to managing and growing.
The HYA & legal consultants is an established firm and have years of experience and are aware of legal issues derived from owning a franchise and the tie-up formed between the two parties. We built everlasting relations with our franchise clients in a mission to ensure we manage to deliver inventive and smart legal services throughout all the stages of growth.