DEBT COLLECTION IN UAE

Nowadays the UAE has one of the most stable and rapidly growing economies in the Middle East. And it is not surprising, due to the profitable taxes, sea ports, good geographical location and mineral resources, this region has been quickly transformed to one of the worldwide centers of commerce. Thus, many international companies use this region for its own trading goals and every day thousands of shipments go through the local storages. However, not all commercial relations are fair, and many companies suffer from dishonest counterparties. Huge amount of enterprises refuse to make payment for the goods and take debts. In order to help affected companies, CIS DRS has been providing its services in this region for a while. At that period of time, we have helped hundreds of our clients to recovering the debt from their counterparties from all emirates such as Ajman, Abu Dhabi, Dubai, Fujairah, Ras al Khaimah, Sharjah and Umm al Quwain.

For the last time, we have built a team of experienced and professional lawyers, who are experts in debt collection in the UAE region and who successfully solved hundreds of projects in practice. During this time, we have developed our own principles of working with the projects which are aimed at a fast recovery of the international debt for our clients and maintaining good relations between counterparties for future trading.

Before we start negotiations with debtor's companies, we conduct extremely careful informational research about them. We always check the current status and trading activity of the company as well as we know all information about their shipments and total goods turnover. During our preparation, we identify all beneficiaries and persons related to the debtor's companies.

In order to secure the fast repayment to our clients, we conduct regular negotiations with the debtor's leaderships, except phone calls and correspondence, we organise offline and online meetings. We are always able to find a personal approach to the topmanagments of the debtor's company and find mutual benefit resolution. Additionally, we are constantly keeping our clients informed about the current status of the case and providing them with the detailed analysis. As a rule, in the majority of cases we achieve successful results without court litigations with alternative dispute resolutions. However, in some cases in order to secure the best result for our clients we claim files to the Abu Dhabi Commercial Conciliation and Arbitration Centre and to the Dubai International Arbitration Centre.

We debt collection agency CIS DRS. Nowadays, we have helped a lot of companies, which are involved in B2B relations in the UAE debt, to get their money back. Our agency has deserved a high level of credit from them for excellent client service and fast returning of money. As one of our key principles is mutual benefits, we have assisted our clients to keep good mercantile relations with their partners.

You may be sure that we will help you to return your money, and you will face no obstacles conducting and improving your business in the UAE. Please assign your request via the form below.