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Limited Liability Company (LLC) › Commercial Companies Law

Bracewell LLP

New UAE Commercial Companies Law: Summary of Key Changes

Bracewell LLP on

Background - Federal Law No. 32 of 2021 on Commercial Companies (the New Companies Law) has repealed and replaced Federal Law No. 2 of 2015 on Commercial Companies (the Repealed Companies Law). The New Companies Law,...more

Latham & Watkins LLP

UAE Ministry of Economy Clarifies How UAE CCL Applies to LLCs

Latham & Watkins LLP on

Ministerial Resolution No. (272) of 2016 sets out which provisions applicable to joint stock companies also apply to limited liability companies. Introduction - Since UAE Federal Law No. (2) of 2015 concerning...more

K&L Gates LLP

One Year Extension for Compliance with the New Commercial Companies Law

K&L Gates LLP on

The UAE’s new commercial companies law, Federal Law No. 2 of 2015 (the “New CCL”), took effect last year on 1 July 2015. The New CCL provides that any company that is not compliant with the law must amend its memorandum and...more

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