Federal Decree-Law No. 16/2021 On Factoring and Transfer of Civil Accounts Receivable
We, Khalifa bin Zayed Al Nahyan President of the United Arab Emirates
After perusal of the Constitution,
Federal Law No. 1/1972 on the Competencies of Ministries and Powers of Ministers, and its amendments;
Federal Law No. 3/1983 on the federal judicial authority, and its amendments;
Federal Law No. 5/1985 promulgating the Civil Transactions Law and its amendments;
Federal Law No. 11/1992 promulgating the Civil Procedure Law, and its amendments;
Federal Law No. 10/1993 promulgating the Law of Evidence in Civil and Commercial Transactions, and its amendments,
Federal Law No. 18/1993 on Commercial Transactions Law and its amendments;
Federal Law No. 4/2000 on UAE Securities & Commodities Authority and Market, and its amendments;
Federal Law No. 8/2004 on the Financial Free Zones;
Federal Law No. 1/2006 on Electronic Transactions and Commerce and its amendments;
Federal Law No. 2/2015 on Commercial Companies and its amendments;
Federal Decree-Law No. 9/2016 on Bankruptcy, and its amendments;
Federal Law No. 7/2017 on Tax Procedures, and its amendments;