Federal Decree-Law no. 32 of 2021 on Commercial Companies. Country/Territory United Arab Emirates Document type Legislation Date 2021 Source FAO, FAOLEX Subject General Keyword Business/industry/corporations Capacity building Dispute settlement Financing Fiscal and market measures Governance Inspection Liability/compensation Non-governmental entity Offences/penalties Procedural matters Subsidy/incentive Geographical area Middle East, Near East and North Africa, Persian Gulf Entry into force notes This Decree-Law enters into force on the 2nd of January 2022. Abstract This Federal Decree-Law on Commercial Companies comprising 365 Articles organizaed into 12 Titles aims to develop the working environment and the economic position of the State, by regulating the governance, rights, and responsibilities of companies and their shareholders, partners, directors, managers, and auditors. It applies to (i) commercial companies established or operating in the State, except for those exempted by special provisions, agreements, or laws; (ii) foreign companies that have their head office or a branch or representative office in the State. Full text English/Arabic Website www.moec.gov.ae