Experts examine company formation, governance, and operational flexibility under the updated UAE law.
Abu Dhabi: The Abu Dhabi Judicial Department (ADJD) reviewed recent legislative updates to the Commercial Companies Law at a specialised forum focused on enhancing legal awareness and supporting the business environment.
The forum, titled “Legislative Transformation of the Federal Commercial Companies Law,” gathered legal experts, judges, lawyers, and investors to examine key amendments and their implications for companies operating in the UAE.
Focus on business stability
Attendees explored how the recent changes could strengthen the stability of commercial transactions and improve dispute resolution, fostering a more flexible and competitive business environment.
Officials stated that the forum is part of ADJD’s ongoing efforts to stay abreast of legal developments and promote a clearer understanding of updated laws through practical examples and case studies.
Wide participation
Held virtually via the Abu Dhabi Judicial Academy, the event attracted strong participation from specialists across the UAE and internationally.
Attendees comprised members of the judiciary, public prosecution, legal consultants, and business representatives.
Key legal updates
Discussions centred on the amendments introduced under Federal Decree-Law No. 20 of 2025, which revises several provisions of the Commercial Companies Law.
Sessions explored the impact of these changes on company management, operations, and the resolution of commercial disputes in courts. Participants also reviewed the law’s scope and exceptions, particularly regarding free zones and financial free zones.
Company formation and governance
The forum highlighted the requirements for setting up companies, including proper documentation, the use of electronic signatures, and the legal responsibilities of partners.
It also addressed rights within limited liability companies and private joint-stock companies, covering how partners can join or exit a company and how shares are managed in the event of a partner’s death. Officials noted that these measures are designed to ensure business continuity and minimize disruptions.
New flexibility for companies
A significant update discussed was the ability for companies to transfer their registration between authorities within the UAE without the need for dissolution.
Participants noted that this measure enhances business flexibility, enabling companies to continue operations without interruption.
The sessions also covered governance rules, management responsibilities, and penalties for non-compliance. Authorities highlighted that such discussions strengthen the legal system and promote economic growth by ensuring companies operate within clear and up-to-date frameworks.
