The New UAE Commercial Companies Law (Federal Law number 2 of 2015) Although the primary objective of companies law is to safeguard interests of shareholders, modern/current day investment climate dictates that the legislation dealing with companies should:- i) serve the interests of business at large; ii) provides for simple…
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Investors interested in forming their companies are required to comply with the provisions of the UAE Commercial Companies Law of 1984, as amended (the Law).The Law regulates and provides for different forms of commercial entities investors can choose from. Although expatriate investors can own one hundred percent shares in free…
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Should I not hear, as I lie down in the dust, The horns of glory blowing above my burial? …
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All change is not growth, as all movement is not forward (Ellen Glasgow) The term ‘change’ in simplest form means going from one state to a new state. Although the word ‘change’ is broad enough to connote positive as well as negative change, the likelihood of ‘change’ unfold- ing positive…
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Corporate Governance Under UAE Law An ounce of prevention is worth a pound of care. The old adage holds true when principles of corporate governance and their implementation in the GCC are discussed. Implementation of good corporate governance practice perhaps is worth a battle of the ownership dispute, succession issues,…
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