Category

Commercial Agencies

Category

In brief Following rounds of consultation, the United Arab Emirates (UAE) has issued the new and much anticipated Federal Law No. 3 of 2022 regulating Commercial Agencies (“New Law”), repealing and replacing the longstanding Federal Law No. 18 of 1981, which has been amended many times including most recently in May 2020. The New Law introduces various changes and grants for the first time, the right for international companies that are not owned by UAE…