Cabinet-23-2024 · Federal
Cabinet Resolution No. (23) of 2024 — Practice of Commercial Activities
- Область
- Корпоративное право и бизнес
Полный текст
⚠ Официальный перевод — юридически обязательной является арабская версия оригинала.
5 ст.
Преамбула
of Arab Gulf States as UAE Nationals Concerning the Practice of Commercial Activities
Concerning the National Treatment of the Nationals of States of the Cooperative Council of Arab Gulf States as UAE Nationals Concerning the Practice of Commercial Activities
The Cabinet, ‒ Having reviewed the Constitution; and ‒ Federal Law No. (1) of 1972, Concerning the Competences of Ministries and Capacities of Ministers and its amendments thereof; and ‒ Federal Decree-Law No. (32) of 2021, Concerning Commercial Companies; and ‒ Cabinet Resolution No. (4) of 2007, Permitting the GCC Nationals to Engage in Economic Activities and Professions in the State; and ‒ Based upon the proposal submitted by the Minister of Economy, and the Cabinet’s approval, Resolved:
Definitions In implementing the provisions of this Resolution, the following terms and phrases shall have the meanings assigned to each, unless the context otherwise requires: State : The United Arab Emirates.
Minister : The Minister of Economy.
of Arab Gulf States as UAE Nationals Concerning the Practice of Commercial Activities
Economic Activities Permitted for Practice by Nationals of States of the Cooperative Council of Arab Gulf States Nationals of States of the Cooperative Council of Arab Gulf States shall be permitted to practice economic activities in the State, in accordance with the principal of National Treatment applicable for the States of the Cooperative Council of Arab Gulf States, except the following economic activities:
1. Hajj and Umra Services.
2. Exclusive Commercial Agencies Services.
3. Fisheries Services.
Amendment to the Economic Activities The Cabinet shall be competent to conduct any amendments, whether it’s an addition, omission, or amendment, to the economic activities stipulated in Article (2) of this Resolution based upon a proposal submitted by the Minister after coordinating with the Local Authorities.
Repeals Activities and Professions in the State, shall be repealed, as well as any provisions conflicting or contradicting with the provisions of this Resolution.
of Arab Gulf States as UAE Nationals Concerning the Practice of Commercial Activities
Publication and Enforcement This Resolution shall be published in the Official Gazette and shall come into force as of the day following its date of publication.
Mohammad bin Rashid Al Maktoum Prime Minister
Issued by us, On: 27/ Shaaban/ 1445 A.H. Corresponding to: 08/ March/ 2024 AD