UAE's new draft law to allow public joint-stock companies to register as commercial agents
29 Jun 2022
UAE is processing a new draft federal law on the regulation of commercial agencies, which may permit public joint-stock companies with at least 51% of national capital contribution to act as commercial agents. This shall allow for the establishment of various forms of cooperatives in the country to benefit from the economic and development opportunities offered by this vital sector with a view to enhancing its contribution to the GDP.
