|Publication Date:||April 06, 2010|
With the greatly increased inflow of business to the UAE, it is useful to review the legal framework, which governs foreign companies seeking to do business in the UAE.
Generally, a foreign company is permitted to engage in business in the UAE only after obtaining a licence from the competent authorities, in compliance with the provisions of Articles 314 and 315 of the UAE Federal Law No. 08 of 1984 (Companies Law).
Author: Faizal Latheef
Faizal is renowned for his expertise in corporate and commercial law. He represents and advises clients on a wide variety of matters including Foreign Investments, Joint Ventures, Mergers and Acquisitions, Corporate Restructuring, Distribution & Franchising, Anti-Corruption & Compliance, Cross-Border Transactions, Employment and Wills.