New UAE Commercial Companies Law: Detailed Insight and Review – STA Law Firm

Articles on Arbitration in Dubai & UAE, Banking, UAE Criminal Law & Extradition, Dubai Property Law, Trademarks and IP, Aviation by Lawyers in Dubai – STA

Sourced through Scoop.it from: www.stalawfirm.com

New UAE Commercial Companies Law

http://bit.ly/commercial_law
Although the primary objective of companies law is to safeguard interest of shareholders, modern/current day investment climate dictates that the legislation dealing with companies should i) serve the interests of business at large; ii) provide for simple and easy regulatory and compliance procedures; iii) keep pace with complexities of traditional and modern commercial dealings; address issues governing insolvency, bankruptcy, securities and other key elements; and v) provide continuity, certainty and stability to business community.

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