Overview of Shareholders' Statutory Access Rights in the UAE

Analysis

There has been an increasing focus on good corporate governance practice and shareholders' rights in businesses operating in emerging markets

A shareholder's right to access relevant company information is particularly important in aid of monitoring a company's affairs and enabling informed decision making. The types and scope of access rights depend on the chosen corporate form, and this area of law remains to be developed in detail under applicable UAE law.

In brief

  • Shareholders' access rights are one of the elements that should be considered when choosing an appropriate corporate form in certain circumstances.

  • Shareholders' access rights must be used reasonably and without prejudice to the company's interests.