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UAE Commercial Company Law 2015: Key Changes For Limited Liability Companies

20th April 2016

MGI World MGI Worldwide MENA Area news item, White Paper UAE Commercial Company Law screen shot of news item

MGI member firm MGI Salim Rajkotwala & Associates from Dubai, UAE publishes white paper on UAE Commercial Company Law 2015: Key Changes For Limited Liability Companies

The UAE has introduced a more sophisticated corporate regulatory framework with the enactment of the UAE Federal Law No. (2) of 2015 Concerning Commercial Companies. The new companies’ law came into effect on 1 July 2015. With the introduction of this law, the old UAE Federal Law No. (8) Concerning Commercial Companies has been abrogated (repealed).

UAE Commercial Law This law has significant implications for all limited liability companies (LLCs) registered in the UAE. This document highlights key changes in the regulations, with a special focus on matters affecting the SME sector.

Faiyaaz Rajkotwala is Managing Partner at the Firm and also International Committee Member for MGI representing the Middle East & North Africa Area.

For questions regarding this document, please contact MGI Salim Rajkotwala & Associates on +971-4-2368945, or email at info@mgisalim.com.

MGI Salim Rajkotwala & Associates is a member of MGI Middle East & North Africa, part of MGI Worldwide, a top 20 ranked international accounting network with some 5,000 professionals in over 250 locations worldwide.