Ministerial Resolution No. 208/2011 On the Bank Guarantee Set for Branches and Offices of Foreign Facilities Established Abroad and in the Free Zones of the State
Type
Law
Issued on
21 Apr 2011 (corresponding to 17 Jumada Al-Awwal 1432 H)
Nature
Ministerial Resolution
Jurisdiction
United Arab Emirates
Taxonomy
Financial Institutions, Guarantees
Copyright
LexisNexis
The Minister of Economy,
Pursuant to the perusal of the Federal Law No. 1/1972 on the jurisdictions of the ministries and powers of the ministers, and the amending laws thereof; and
Federal Law No. 5/1975 on the commercial register and the Implementing Regulation thereof; and
Federal Law No. 8/1984 on commercial companies and the amending laws thereof; and
Ministerial Resolution No. 377/2010 on the approval of the guide to licensing procedures of branches and offices of facilities established abroad and in the free zones of the State; and
Upon the proposal of the undersecretary of the Ministry;
Has issued the following resolution: