Facing Financial Distress in the UAE? Protect Your Business — and Yourself.
Urgent strategic and administrative support, in collaboration with legal partners, under UAE Bankruptcy Law No. 51 of 2023. Get guidance to avoid personal liability, explore restructuring, and navigate insolvency with confidence.
You’re Not Alone — And Bankruptcy Isn’t the End
Under UAE law, bankruptcy is not just about closing a business. It’s a structured legal process to protect viable companies and their directors.
Pravo Management Consultancies LLC, in close collaboration with trusted local lawyers, provides urgent strategic and legal support for businesses facing serious financial distress under Federal Decree-Law No. 51 of 2023.
The proceedings may involve:
- Examination of your financial position;
- Appointment of an expert or trustee;
- Verification of creditor claims;
- Implementation of protective measures;
- Preparation of a restructuring plan;
- Creditor voting;
- Realisation of assets;
- Distribution of proceeds;
- Cessation of operations and liquidation (if needed).
Key insight: The UAE framework is designed to preserve businesses where possible — not just liquidate them.
Are You at Risk as a Director?
Bankruptcy does not automatically mean personal liability — but your actions do matter.
Particular attention should be given where management:
- continues to incur obligations without a realistic ability to perform them;
- conceals accounting records;
- fails to maintain proper books and records;
- transfers assets to related parties;
- enters into transactions at an undervalue;
- gives unjustified preference to selected creditors;
- distributes funds to shareholders while liabilities remain unpaid;
- provides inaccurate information to the court, liquidator or creditors;
- obstructs the work of the liquidator or trustee;
- mixes company funds with personal funds.
Your Early-Stage Action Plan
At an early stage of financial distress, directors should consider taking the following steps:
1
preserve all corporate and accounting records;
2
obtain accurate information regarding assets and liabilities;
3
prevent unjustified transfers of assets;
4
properly document management decisions;
5
review personal guarantees and indemnities;
6
examine related-party transactions;
7
obtain independent legal advice;
8
consider restructuring before the company’s financial position becomes critical.
Why Trust Pravo in a Crisis?
We’ve helped directors and businesses navigate complex, high-stakes situations for over 27 years.
Direct collaboration with top UAE insolvency lawyers — we don’t just refer you, we manage the process together.
Deep expertise in Federal Decree-Law No. 51 of 2023 — we understand both restructuring and liquidation pathways.
Focus on director protection — we help you avoid personal liability through compliant, documented actions.
Proven experience in non-standard cases — from recovering funds from a developer, advising on bank account compliance and resolution procedures, resolving shareholder deadlock, or guiding the safe closure of an inactive company.
We know the right contacts and timelines — our 27+ years in the UAE mean faster, more effective resolution.
Discreet, urgent, and solution-oriented approach — because your reputation matters as much as the outcome.
About Pravo Management Consultancies LLC
We provide advisory and administrative support for company formation, PRO coordination, bank account opening guidance, visa application assistance, VAT & Corporate Tax compliance consulting, liquidation support, mergers, share transfers, market analysis, and commercial dispute resolution. Through our long-standing collaboration with vetted local lawyers, we also coordinate legal representation and document drafting…
Why clients choose us:
We thrive in complex, non-standard situations — whether it’s recovering funds from a developer, advising on bank account compliance issues, resolving shareholder deadlock, or guiding the safe closure of an inactive company.
We thrive in complex, non-standard situations — whether it’s recovering funds from a developer, advising on bank account compliance issues, resolving shareholder deadlock, or guiding the safe closure of an inactive company.
Feedback from our customers
"Starting a business in another country? Pravo Management, led by Marina Moskoleva, is always at hand! They work efficiently, offering timely, clear and comprehensive solutions. With their care and support, you will feel protected and confident, as if at home, in the United Arab Emirates. Being a client of Pravo Management is a pleasure! We wish them every success and prosperity!"
Natalya Rodionova
STARTING BUSINESS IN UAE"Pravo Management, a leading company in Dubai, stands out for providing flawless business setup and ISO certification services. Highly recommended for hassle-free business organization and top-notch ISO certification in the UAE."
Oleg T.
COMPANY FORMATION"This is truly exceptional. They responded promptly to all my requirements and made all the paperwork run smoothly in record time. Always polite and incredibly efficient — I would like to express my gratitude to Marina and Ruth for their invaluable help."
Emilia D.
UAE VISAS"Marina! I would like to thank you for your assistance and support during my stay in Dubai. Thanks to your professionalism and expertise, everything went perfectly. A special thank you for all the original documents — we received everything."
Ivan Orlov
UAE MARKET ANALYSIS"In the process of opening our office in Dubai and in the treatment of the residence visa we hired the services of Pravo and everything went very well. Marina and the entire Pravo team were very efficient, very professional and very available to help throughout the process. High quality service that I recommend."
Kari Whalroos
VISA SERVICESNeed Urgent Help? Don’t Wait.
Get a free, confidential consultation with our bankruptcy specialists. We’ll assess your situation and explain your legal options under UAE law.
Available via WhatsApp, Telegram, or email. Response within 15 min.