UAE Corporate Law: A shifting Landscape

It all started when Federal Law No.2 of 2015 was enacted, amending the legal regime that governs local and foreign companies under Federal Law No.4 of 1984. These changes have impacted on several corporate practices including the governance of private and public companies, their legal structure, dissolution, liquidation, mergers and acquisitions, and applicable penalties. As…

Abu Dhabi: The New Dual Licenses Initiative

The Abu Dhabi Department of Economic Development (ADED) announced on Saturday 15th September 2018 the launch of the first phase of its Dual Licenses Initiative (DLI). The initiative enables companies operating offshore in the Emirate’s free zones to carry out their commercial activities onshore in Abu Dhabi, Al Ain and Al Dhafra regions. WHAT ARE…