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As part of its efforts to help companies understand and comply with the new commercial companies law, the Dubai Chamber of Commerce and Industry organised a workshop in association with Baker&McKenzie Habib Al Mulla law firm, highlighting the notable changes introduced by the new law.
The workshop, which was attended by Dubai Chamber members, lawyers and legal consultants, investors, contract specialists, general managers and business owners, provided insights into the provisions of the new commercial companies law, while assessing its impact on companies operating in the country.
Jehad Kazim, director of legal services, Dubai Chamber, said: "The new UAE Commercial Companies Law No. 2 which replaced Federal Law No. 8 of 1984 came into force in July this year, and aims to promote the rules of governance and corporate social responsibility, protect the rights of shareholders and partners, and support the flow of FDIs to the country."
- business@khaleejtimes.com
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