UAE Companies Law: A Clarification
Type
E-journal
Date
21 Feb 2012
Jurisdiction
United Arab Emirates
Taxonomy
Central Government, Companies & Corporate Bodies
Copyright
LexisNexis
Analysis
Following queries about the legal status of the much-awaited UAE Companies Law, Lexis Middle East Law are able to issue the following clarification
The latest Federal Gazette to be issued was a Special Issue and was published on the 20 February 2012.
This Gazette contained no mention of the Companies Law.
The Companies Law therefore remains a draft law as per the legislative framework of the UAE.
It shall only become law, when it has been published in the Federal Official Gazette
Lexis Middle East Law continue to monitor the progress of this law.