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Amendments to UAE Companies Law – Update on Foreign Direct Ownership and Investment in the UAE

In our previous client alert, we reported that certain key changes were introduced to the United Arab Emirates (UAE) Commercial Companies Law No. 2 of 2015 (Companies Law). The text of the Federal-Decree Law No. 26 of 2020...more

Time to Rethink Strategy: The New Foreign Investment Rules in the UAE

In a previous client alert, we provided a high-level summary of the key changes introduced to the United Arab Emirates (UAE) Commercial Companies Law No. 2 of 2015 pursuant to Federal Decree Law No. 26 of 2020 (the Federal...more

Brief on the New UAE Cabinet Decision No. 58 of 2020 on Regulating the Beneficial Owner Procedures

INTRODUCTION - On 24 August 2020, the United Arab Emirates (UAE) Cabinet issued Cabinet Decision No. 58 of 2020 on Regulating the Beneficial Owner Procedures (the Regulations) replacing Cabinet Decision No. 34 of 2020 on the...more

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