The Business Sector is growing all over the world due to the support of digital mediums. Digital World based on Digital and Modern marketing. The digital world helps businesses to operate across borders. The impacts can be found in the United Arab Emirates too. Now the business in UAE is also connected with the rest of the world. We will discuss this in the legal aspect. Legal Business across the borders makes it happen that people that do business in UAE from overseas.
For Example, if a company from Canada, wants to do trade with a company in UAE, then they can involve the bank in the payments. It is a safe and secure medium where the bank pays the seller through LC(Letter of Document). Bank only plays the role of a guarantor, and the payment is always secured. If the bank is not involved and there has been a direct trade between a Canadian company and the UAE-based company then it means, now the matter has to be managed between the companies. But what if any dispute happens? Mostly the dispute is that one company has delivered all the products and services but the service fee or the product fee is not paid, in return. Similarly. if the amount is paid fully but the products or the services are not paid.
When such things happen then a Canadian company can hire a Law Firm like Al Shaiba Advocates and Legal Consultants where the top Advocates in Dubai are available for offering the services. These Advocates and Legal Consultants can offer legal counselling, legal cases, legal documentation and more. They entertain the companies in Civil Cases, Commercial Cases, and sometimes Criminal Cases too. Therefore global trade is made easy through modern mediums, technology and law firms.