United Arab Emirates
Tags: Company Law, UAEBy James Bowden and Abdus Samad, Afridi & Angell
The private joint stock company is one of the forms of company contemplated by UAE Federal Law No. 2 of 2015 concerning
commercial companies (the Companies Law). The UAE Federal Ministry of Economy has now promulgated Ministerial Decision No. 539 of 2017 (the Ministerial Decision) which was issued on 29 May 2017 and is now in force.
For more, read or download the PDF below …
Articles by Lawyer
The New UAE Commercial Companies Law – A First Look
We highlight the changes which the new UAE Commercial Companies Law (Federal Law No.2 of 2015) introduces.
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Further changes to civil litigation in the UAE
The amendments bring about some important changes to how matters will be litigated in the UAE courts.
Implementation of Abu Dhabi Local Content Program
This major development will have significant impact on businesses that provide goods and services to governmental and semi-governmental entities.
Foreign direct investment in the UAE: The approval of the positive list
The positive list contains 122 activities in the agricultural, manufacturing and services sectors.
Electronic signatures in the UAE: what you need to know
Electronic signatures were not common before the Covid-19 lockdown, but the legal framework is well established.
DMCC Company Regulations 2020: Keeping up with international best practices
The regulations provide for more clarity and flexibility for businesses wishing to conduct business in and from the DMCC.
Relief for employers during Covid-19 epidemic
The UAE has introduced measures that employers in the private sector may progressively resort to during the current period.
Compliance with official measures to combat Covid-19 made mandatory
Significant responsibility for ensuring compliance with directives to stop the spread of Covid-19 has been delegated to the law enforcement authorities of the UAE.
Recent measures implemented by the UAE authorities in response to Covid-19
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The New DIFC Leasing Law
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DIFC Workplace Savings Scheme (with effect from 1 February 2020)
The Amendment introduces a new mandatory workplace savings scheme, which replaces the current end-of- service gratuity regime.
Slightly more clarity: Economic Substance Regulations in the DIFC
The new guidance is helpful for businesses in the DIFC, but significant questions still remain.
The use of experts in the UAE municipal courts
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Regulatory Authorities to regulate Relevant Activities in accordance with Economic Substance Regulations announced
Businesses licensed in the UAE should fast track an assessment to determine if they are subject to the regulations.
UAE Ministry of Finance issues guidance on Economic Substance Regulations
Thirteen topics covered in the guidance that may be of interest to businesses affected by the regulations.
Law 6 of 2019: On the ownership of common property in the Emirate of Dubai
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The changes will result in the establishment of new funds and attract more entrepreneurs and investors to the UAE.
SCA issues guidelines for financial institutions on anti-money laundering
The advent of AML and ATF guidance is a welcome step for businesses in the UAE.
Proposed New DIFC Data Protection Law
The DIFC Authority has proposed the enactment of legislation (the Proposed Law) to replace its current Data Protection Law.
New economic substance regulations in the UAE
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Keeping up with the trend: The New DIFC Insolvency Law
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The New DIFC Employment Law: Key Changes
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Merger clearance matters in the UAE
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New regulations offer welcome guidance to Anti-Money Laundering Law
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Health data confidentiality on a rise in the UAE
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New Tawazun economic programme policy guidelines issued
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New administrative fines imposed by the UAE Insurance Authority
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Significant changes to UAE’s Civil Procedure Code
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New long-term residency visas in UAE
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Federal Penal Code amendments
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Netting arrangements made enforceable in the UAE
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New anti-money laundering law
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The UAE's new Foreign Direct Investment Law
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Significant precedents from the DIFC courts
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New services by Dubai Rental Disputes Centre
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Dubai relaxes rules on filing appeals before the Court of Cassation
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The UAE Federal Arbitration Law: A First Look
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Legal reforms in Abu Dhabi
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Certificate of Good Conduct Required for all UAE Employment Visas
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Dubai: Changes to Law Allowing Developers to Terminate Off-Plan Sales Contracts
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UAE VAT Executive Regulation Update: Free Zone Guidance
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New UAE Funds Regime
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New UAE Pledge Law over Movable Assets
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UAE Legal Bulletin July-August 2015
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The New UAE Commercial Companies Law – A First Look
We highlight the changes which the new UAE Commercial Companies Law (Federal Law No.2 of 2015) introduces.
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Dubai Statistics Center – you may be next!
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