DEBT RECOVERY IN DUBAI

CIS DRS provides debt collection and debt recovery services worldwide. Dubai is one of such places. The Original reason for the rapid development of Dubai was the wise strategy of the rulers. More and more companies use the port of Dubai to service their cargo nowadays. One more important reason for the attractiveness of Dubai as a business center is the presence of the convenient tax and geographic conditions. Thus Dubai has become the financial and commercial center not just in UAE, but even in the whole Middle East region.

So, it is logical that companies from Dubai have high trade activity. Many companies work in B2B. But, at the same time, not all of them are fair enough to each other, and honestly fulfil their obligations in terms of invoice payment. This happens for many reasons. But the key point here is that more and more companies needed assistance in returning debts. Meanwhile, CIS DRS has helped a lot of them to receive their money back and secured payments under the agreements.

CIS DRS has been engaged in debt recovery in Dubai for many years. Our lawyers have enough experience and practice in acting on behalf of our respected clients. While working with the unpaid invoices we have developed a set of different methods, approaches and ways to achieve the best performance for our clients.

It should be noted that debt collection in Dubai has its own differences unlike other countries. Since Dubai is a popular place for trade operations, many people from all over the world incorporated companies here. Thus, it is very important to identify the exact shareholders and management of the counterparty. In order to achieve it, our agency always performs detailed information research through the databases and local registers from various countries. Additionally, we cooperate with local representatives to have as much important and valued information about companies.

At the same time we are always striving to secure the repayment for our client in the shortest possible time. In order to accomplish this, we conduct constant negotiations with their debtors. Despite our correspondence and phone calls we arrange online and offline meetings too. According to the fact that the main part of the goods that are delivered to Dubai via the port, we permanently check whether the cargo was delivered in time, and in necessary conditions with regard to agreed terms. Also, considering the fact that Dubai became very international, we always chose the personal approach to the debtor taking into account the origin of the company and its leadership.

One of our core principles while performing under the debt collection project is to keep good and loyal trading relationships between the counterparties. As a result of our successful work under debt recovery in Dubai, our agency has received a high level of trust from different companies. We always aim to provide the best result for our clients within the shortest time with a high quality level of excellent client service.