Uae company law 1984 pdf ebook

In the UAE insurance and reinsurance are covered by Federal Law no. 6 of 2007 concerning the Establishment of the Insurance Authority and Regulation of Insurance Operations (the Insurance Law), which replaced Federal Law no. 9 of 1984 concerning Insurance Companies and Agents (the Old Insurance Law). Topics which have not been addressed by the Work is a right of the United Arab Emirates Nationals. Others may not by employed in the United Arab Emirates except as provided for in this Law and its executive orders. ARTICLE (10) In the event of non-availability of national workers, preference shall be given to: 1.Arab workers who are nationals of an Arab Country. 2.Workers of other Hence accounts maintenance in Dubai and all other emirates in UAE is compulsory. Under Federal Law No. (2) of 2015 Commercial Companies in the United Arab Emirates ( UAE) Article 26. Each company shall maintain proper accounting records showing its transactions and should disclose at any time the accurate financial position of the company. Law) was issued on the 25th of March 2015 and came into effect 3 months following its issuance date (the "Effective Date") repealing the old UAE's Commercial Companies Law No. 8 of 1984 (the "Old Law"). The UAE government intends that the New Law will provide up-to-date regulations for the corporate SETTING UP BUSINESS IN DUBAI Legal Structures for Business Previously, each emirate followed its own procedures governing the operations of foreign business interests. Since 1984, steps have been taken to introduce a codified companies' law which is applicable throughout the UAE. Federal Law No. 8 of 1984, as amended by Federal Law No. 13 of COMPANY LAW - LECTURE NOTES I. INTRODUCTION TO INCORPORATION 1. Definition of a "Company" A company is a "corporation" - an artificial person created by law. A human being is a "natural" person. A company is a "legal" person. A company thus has legal rights and obligations in the same way that a UAE enacted new Federal Law no 2 of 2015 concerning Commercial Companies (CCL2015) which came into effect on 1st July 2015 and replaced Federal Law no. 8 of 1984 concerning Commercial Companies It is mandatory for all companies to amend Memorandum of Association before 30th June 2016 to reflect and comply with changes introduced by CCL2015. Dubai Law iPhone Free App Dubai Law Free App for iPhone, iPad and iPod Touch. ProConsult Launched the first iPhone App for a Dubai Law Firm. This App aggregates the latest News and Laws related to Dubai and the UAE and the Dubai Property Market, and offers insight on the Legal Services we provide. Federal Law No. (2) of 2015 On Commercial Companies . Preamble. We, Khalifa Bin Zayed Al Nahyan, President of the United Arab Emirates, Pursuant to the perusal of the Constitution, . Federal Law No. (1) of 1972, On the Competencies of the Ministries and Powers of the Ministers and its amendments; . Federal Law No. (5) of 1975 On the Commercial Register; Law books Our free online law books provide students with a unique view on the subject of evidence, proof and justice. You can also check out law for computing students, business students and sports law. Special edition: The UAE Commercial Companies Law in focus The new UAE Commercial Companies Law 2015 (the CCL) has now been in force for some 9 months. We thought it an appropriate time to review the key changes under the new law and to summarise our experience to date of its implementation in pract