Buying a business
Structuring and executing the purchase, from initial terms to completion. See how to buy a business in Dubai legally. First we check: what you are buying, the seller's title and the licence. Talk to us about buying a business
Buying, selling or merging a business? The due diligence and the agreement decide what you actually own or owe afterwards.
Buying or selling a business in Dubai? Structure, due diligence and the share purchase agreement decide the outcome. We handle all three, and the disputes after completion.
Tell us what is happening in your own words. We will explain where you stand and what the sensible next step is.
An M&A lawyer in Dubai advises on how a deal is structured, what the buyer is really getting, and what each side is promising the other. You do not have to work through a transaction alone. MBM advises buyers, sellers and investors on business acquisitions, business sales and mergers, from the first heads of terms through due diligence and the share purchase agreement to completion, and on disputes after a deal has closed. We act for one side of a transaction, never both. For the wider company work around a deal, see our corporate lawyer in Dubai page. Your first consultation is free and confidential.
Changes to price, warranties and structure are far easier before heads of terms are signed, so the earlier you call, the more room there is to shape the deal.
Structuring and executing the purchase, from initial terms to completion. See how to buy a business in Dubai legally. First we check: what you are buying, the seller's title and the licence. Talk to us about buying a business
Preparing the business, negotiating terms and protecting your position. See business sale lawyer in Dubai. First we check: who owns the shares, transfer restrictions and key contracts. Talk to us about selling a business
Reviewing the target's legal position before terms are final. See due diligence lawyer in Dubai. First we check: ownership, licences, contracts and open claims. Talk to us about due diligence
Price, warranties, indemnities and completion mechanics. See share purchase agreement lawyer in Dubai. First we check: the draft, the price mechanism and the limits on claims. Talk to us about an SPA
Structuring and documenting a merger of two or more companies. See merger lawyer in Dubai. First we check: the structure, the licences and any approvals needed. Talk to us about a merger
Warranty, valuation or undisclosed-liability disputes. See post-completion disputes. First we check: the SPA's claim mechanism, time limits and the evidence. Talk to us about a post-completion dispute
The practical result of a deal depends less on the headline price than on its structure and on what due diligence uncovers. Business acquisitions in the UAE are structured under the Commercial Companies Law (Federal Decree-Law No. 32 of 2021), but the outcome turns on how the deal is structured, a share sale versus an asset sale, and on what due diligence actually uncovers before terms are finalised.
The share purchase agreement, and any warranties, indemnities and valuation mechanisms it contains, generally governs what happens if something goes wrong after completion. This page describes the general framework. It is not advice on your transaction.
Buying a business legally in Dubai is a sequence of legal and commercial checks before any money moves, not a single signing. The details depend on the structure of the deal and the target's licensing authority, so treat this as a map and not as advice on your deal.
Be clear whether you want the company, its assets or a business line, and what you need from it: the licence, contracts, staff or customers. That decides the structure.
Sign a confidentiality agreement (NDA) and a letter of intent (LOI) before the seller opens the books, then record the key terms, keeping the binding and non-binding parts clearly separate.
Confirm the seller owns what it says and can sell it, and verify the licence on the official register of the authority that issued it, along with the other registrations.
Review constitutional documents, licences, contracts, employment, disputes and finances before terms are final. See the checklist below.
Choose between a share and an asset sale, agree how price is calculated and paid, and decide how risks found in diligence are priced or protected.
Draft and negotiate the share or asset purchase agreement, including warranties, indemnities and conditions to completion.
Satisfy the conditions, obtain any consents the licensing authority or other parties require, and complete the transfer formalities. Where the target is a Dubai mainland company, this typically means notarising the share transfer, registering the change with the Department of Economy and Tourism, updating the UBO register, notifying the bank and the Federal Tax Authority, and transferring visas and the establishment card. Transactions above reported thresholds (AED 300m combined UAE turnover or 40% market share) need notification to the Ministry of Economy under Federal Decree-Law No. 36 of 2023.
Update registers, contracts, bank mandates and staff arrangements, and track anything the seller agreed to do afterwards.
Legal steps, checked by lawyers. A law firm checks ownership, risk and the contract. We work alongside your accountant or tax adviser, who deals with valuation and tax. Afterwards, many owners move to ongoing support under retainer legal services.
A share sale and an asset sale are different transactions, and the choice affects liability, tax and licensing. A share sale transfers ownership of the company itself, including its liabilities, while an asset sale transfers specific assets and liabilities selected in the transaction. Decide early, with your tax adviser involved.
| Question | Share sale | Asset sale |
|---|---|---|
| What changes hands | The shares, and with them the whole company | Specific assets, and any liabilities the agreement lists |
| Liabilities | The company keeps its history, including liabilities the buyer did not know about | The buyer takes only what the agreement selects, which can limit inherited risk |
| Contracts, licences and staff | Generally stay with the company, though some contracts need the other party's consent | Each contract, licence and employment relationship has to be moved or re-created |
| Tax | The company's tax position continues; confirm with your tax adviser | Consequences differ for buyer and seller. VAT may apply to an asset sale unless the transfer of a going concern rules apply, and the seller may owe corporate tax on the gain; confirm with your tax adviser |
| Complexity | Often simpler to document and complete | Often more steps and more third-party consents |
| When it tends to suit | The buyer wants the whole business and is comfortable with the diligence | The buyer wants selected assets or wants to leave certain liabilities behind |
A merger combines two or more businesses and needs a structure, a set of agreements and usually approvals from the relevant licensing authority. We advise on the structure and documents and check whether any regulatory approval is needed before closing, including whether the transaction is large enough to need Ministry of Economy merger-control notification (see the thresholds in the steps above).
Due diligence is the review of a target's legal, financial and operational position before completing a purchase. It identifies risks that should affect price, warranties, or whether to proceed at all. We run the legal review for buyers and prepare the target's disclosure for sellers.
| Area | What we check | Why it matters |
|---|---|---|
| Ownership and constitution | Who owns the shares, the articles, transfer restrictions, any pre-emption and consent clauses in the memorandum and articles to check before a share sale, and any undisclosed share pledges | A seller cannot sell what it does not own, and the articles may restrict a transfer |
| Licences and approvals | The trade licence, activities, registrations, any regulator's approvals and any fines recorded with the Department of Economy and Tourism | The business may depend on a licence that does not move automatically |
| Contracts | Key customer, supplier and distribution contracts, exclusivity and change-of-control terms | A contract can end or change on a change of ownership |
| Premises and assets | Leases, property and equipment ownership, and any security over them, including any change-of-control terms in the Ejari lease | The business may not own or control what it appears to use |
| Employment | The workforce, contracts, the visa quota, entitlements built up to date (in a share deal, accrued end-of-service gratuity stays with the company under Federal Decree-Law No. 33 of 2021) and any MOHRE or WPS complaints (see employment lawyer for employers) | Obligations to staff generally stay with the business in a share deal |
| Disputes and claims | Court cases, arbitrations, demands and regulatory matters, current and threatened | A pending claim can change both price and risk allocation |
| Debt and security | Loans, overdrafts, surety arrangements and charges | Debts reduce what the buyer is really paying for |
| Intellectual property | Trademarks, licences, domain names and software the business depends on | Value often sits in brand and technology the target may not own |
| Compliance | Regulatory, anti-money laundering and data-protection compliance relevant to the sector | Past non-compliance can become the new owner's problem |
| Financial and tax | Accounts, tax position and working capital, reviewed by your financial advisers | Legal findings need to be read with the numbers |
We coordinate with your accountants and tax advisers so that the legal, financial and tax findings feed into the same price and risk discussion.
The share purchase agreement, or SPA, is the contract governing the sale and purchase of a company's shares, setting out price, conditions, warranties and indemnities. It is the central legal document in most acquisitions structured as a share sale. We draft and negotiate it so that it reflects what due diligence actually found. For the shareholder and joint venture documents around a deal, see commercial contracts lawyer in Dubai.
A retention or escrow holds part of the price until a set date. An earn-out ties part of the price to the business's performance. Warranties and indemnities let the buyer claim if a statement proves untrue or a known risk materialises. Which suits a deal depends on the risks involved and each side's bargaining position.
A seller who prepares early usually gets a smoother process and a better-protected position. We help owners get documents in order before a buyer looks, prepare the disclosure, and negotiate the warranties and limits that decide how much risk stays with the seller.
If you are a co-owner, check that your own shareholder documents allow the sale. See shareholder agreement lawyer in Dubai.
Disputes after a deal usually turn on a warranty, a liability nobody disclosed or the mechanism for valuing the business. MBM advises both buyers and sellers, though never both sides of the same deal.
Most claims after completion allege a breach of warranty or a liability that was not disclosed. We begin by reading the agreement's own claim mechanism, notice requirements and limits before pursuing or answering a claim.
Valuation disputes typically turn on the mechanism in the SPA itself: an earn-out formula, a completion accounts process or an independent expert determination clause. We review the mechanism and the facts before advising. If the dispute is between co-owners, see shareholder dispute lawyer in Dubai.
The forum depends on what the SPA says and on the structure of the deal.
Considering buying or selling a business, or already in a dispute after a deal? Tell us where you are. Your first consultation is free and confidential.
You will always know where your deal stands, and the people who advised you are available if a dispute follows.
You tell us about the deal and your position. We explain the structure options, the main risks and the sensible first step before heads of terms are signed.
Share versus asset sale affects liability, tax and licensing, so we advise before terms are agreed.
We run the legal due diligence for buyers, or prepare the target's disclosure for sellers.
Before you instruct us, we set out what the work covers and what it costs, with third-party charges separate.
Price, warranties, indemnities and completion mechanics reflect what due diligence found.
We coordinate the regulatory and licensing steps to complete the transaction.
If a dispute arises, we assess the SPA's own mechanisms before pursuing a claim.
You can call before gathering any of this, and send documents by WhatsApp or email afterwards. The list covers buyers and sellers.
The cost depends on the size and complexity of the transaction and on whether the work is transactional or dispute-driven, so we do not publish a price list. Your first consultation with MBM is free and confidential, and it is where you can ask how a deal would be scoped. If you then want to go ahead, you receive a written scope and fee position before any paid work starts. Government, registry and notarisation fees are separate, and we tell you which apply.
Timing depends heavily on the complexity of due diligence, the target's licensing authority and how quickly the parties negotiate terms. Straightforward acquisitions can complete faster than deals involving regulated activities or multiple stakeholders. Ongoing support after completion is available through retainer legal services.
Most acquisition disputes trace back to something diligence should have caught, or a warranty not drafted tightly enough, and MBM treats both stages with equal seriousness. MBM advises buyers on acquisitions and due diligence and sellers on structuring and negotiating a sale, though not both sides of the same transaction. If diligence uncovers a real problem, we tell you before you complete, not after, and no outcome is promised.
Rated 4.9 on Google reviews. Litigation and arbitration are handled by the same team that advised on the deal. The team is led by Mohamed Badr, Founder & Managing Partner, who brings 17 years of legal experience, with a career across law firms and multinational corporations in the UAE and work for businesses in corporate restructuring and commercial litigation. MBM works with group companies in the UK, Europe, the Middle East and the Gulf, which helps when a matter has an international side. That suits international buyers, investors and sellers whose counterparties, owners or financing sit abroad. We work from Dubai Media City and Al Khalidiya, Sharjah.
Your free first consultation is with a member of MBM’s legal team in Dubai or Sharjah. Deals are confidential, and we treat your plans and documents that way from the first call.
Founder & Managing Partner
Mohamed Badr leads MBM and has 17 years of legal experience. His career has included roles at law firms and multinational corporations in the UAE, advising businesses on high-stakes disputes, corporate restructuring and commercial litigation.
Names and titles as published on mbm-co.com. Your first consultation is with a member of MBM’s legal team in Dubai or Sharjah.
General information about M&A and business acquisitions in Dubai. It is not advice on your transaction. Positions and procedures can change and depend on your facts.
An M&A lawyer advises on how a deal is structured, runs or responds to due diligence, drafts and negotiates the share or asset purchase agreement, and manages the steps to completion. At MBM the same team also advises if a dispute arises after completion.
A typical acquisition involves confidentiality and heads of terms, checking the seller and the licence, due diligence, deciding the structure, negotiating and signing a share or asset purchase agreement and completing the regulatory and licensing steps. The exact process depends on the structure of the deal and the target's licensing authority. See the step-by-step section above.
It is the review of a target company's legal, financial and operational position before completing a purchase: contracts, licences, disputes, employment matters and liabilities. It identifies risks that should affect price, warranties, or whether to proceed at all.
The contract governing the sale and purchase of a company's shares, setting out price, conditions, warranties and indemnities. It is the central legal document in most business acquisitions structured as a share sale.
A share sale transfers ownership of the company itself, including its liabilities, while an asset sale transfers specific assets and liabilities selected in the transaction. The structure affects tax, liability and licensing, and should be decided early. The comparison table above sets out the main points.
The company keeps its history, so liabilities that already exist generally stay with it, including ones you did not know about. That is why due diligence and the warranties and indemnities matter. Ask us about the specific liabilities that could arise in your target.
Buyers and sellers use a retention or escrow of part of the price, an earn-out, and warranties and indemnities. Which suits your deal depends on the risks and each side's bargaining position, so we recommend them against what due diligence finds.
Onshore, the Commercial Companies Law (Federal Decree-Law No. 32 of 2021) permits up to 100% foreign ownership for most activities, but not necessarily every activity. Whether it applies to a particular target depends on its licence and licensing authority, so confirm it before you commit.
Yes. Post-completion disputes commonly involve alleged breaches of warranty, undisclosed liabilities, or disagreements over earn-out or valuation mechanisms in the SPA. MBM advises both buyers and sellers on these disputes.
Possibly. It depends on what the SPA says about warranties, indemnities and disclosure, on time and value limits, and on what you knew before signing. Keep all documents and send them to us promptly, because the agreement's own claim mechanism often has to be followed first.
Yes, though not in the same transaction. MBM advises buyers on acquisitions and due diligence, and sellers on structuring and negotiating a sale.
It depends heavily on the complexity of due diligence, the target's licensing authority and how quickly the parties negotiate. Straightforward acquisitions can complete faster than deals involving regulated activities or multiple stakeholders. We give you a realistic view once we know the structure and the target.
It depends on the size and complexity of the transaction, and whether the work is transactional or dispute-driven. MBM does not publish a price list. We provide a scope and a fee position before you instruct us.
Yes. MBM's first consultation is free and confidential. It is a discussion of your deal and options, ideally before heads of terms are signed, when changes are easiest to make. If you then choose to instruct MBM, we set out the scope and fee position first.
Your first consultation with MBM is free and confidential. Tell us briefly what has happened. A member of MBM’s legal team will review your enquiry and come back to you with the appropriate next step.
If heads of terms or a share purchase agreement are already on the table, send them by WhatsApp or email after you submit the form. If a signing date is close, please call.
Dubai · Office 3204, Level 32, Business Central Towers – Tower B, Dubai Media City
Sharjah · Office 2001, Level 20, Al Hind Tower, Al Khalidiya District
Tell us what is happening in your own words. We will explain where you stand and what the sensible next step is.
Your first consultation is free and confidential. Whether you are buying, selling or already in a post-completion dispute, the earlier we are involved, the more we can do.