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NEW LEGISLATION ON COMMERCIAL COMPANIES

The Federal Decree Law No. 2 of 2015 and its amendments will be abolished on January 2, 2022, and replaced by Federal Decree-Law No. 32 of 2021 on Commercial Companies in the UAE. Beginning on January 2, 2022, all companies will have a year to update their articles of...

Federal Decree Law No. 14 of 2020 Amends Some Provisions of the Commercial Transaction Law

The Commercial Law aims to regulate commercial transactions and everything related to business within the UAE. In order to change some provisions regarding bounced checks and the issue of checks with no value, the revisions provide quick, sophisticated, and civil ways...