Corporate law uae

  • Is there any company law in UAE?

    The UAE Federal Decree Law no. 32 of 2021 on Commercial Companies, applies on any economic entity which practice any commercial, financial, industrial, agricultural, real estate or other kinds of economic activity on the mainland.
    Article 4 of the Decree Law above mentions companies that are exempt from its provisions.Aug 7, 2023.

  • What are the sources of business law in UAE?

    Main Sources of Law
    Sharia is a primary source of legislation of the UAE and its member emirates (Article 7, UAE Constitution).
    The UAE Civil Code and Federal Law No. (18) of 1993 Concerning Commercial Transactions (Commercial Transactions Law) are the primary laws governing UAE contracts..

  • Article 5 of the same Law enumerates the following categories of commercial companies in the UAE: General Partnership / Joint Liability Partnership.
    Simple Limited Partnership / Sleeping Partnership.
    Joint – Venture.
  • ∎ Agent (Article 329): Foreign companies must still appoint a UAE national agent.
    The requirement that a company appointed as an agent be a UAE incorporated company wholly owned by UAE nationals has been retained.
United Arab Emirates corporate law regulates the governance, finance and power of corporations in the United Arab Emirates (UAE) through UAE law. Every emirate has its own basic corporate code.
United Arab Emirates corporate law regulates the governance, finance and power of corporations in the United Arab Emirates (UAE) through UAE law. Every emirate has its own basic corporate code.
United Arab Emirates corporate law regulates the governance, finance and power of corporations in the United Arab Emirates (UAE) through UAE law.Jurisdiction of the CompanyMainland CompanyLegal Forms of Business

Can an LLC run a business in the UAE?

LLC is not allowed to practice its activities in the UAE without a Trade License and Commercial Registration Certificate.
A branch office has the same legal identity as its parent company and conducts business under the name of its parent company.

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Why is the UAE a leading jurisdiction for business and investment?

The certainty of a competitive Corporate Tax regime that adheres to international standards, together with the UAE’s extensive network of double tax treaties, will cement the UAE’s position as a leading jurisdiction for business and investment.


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