United Arab Emirates: Directors and Officers

Shareholder activism is evolving across the UAE, bringing new dynamics to corporate governance and investor relations. This comprehensive analysis examines the legal framework that shapes how activist shareholders can engage with companies, from requisitioning meetings to launching campaigns. Understanding these mechanisms is essential for both companies preparing defensive strategies and investors seeking to exercise their rights under UAE commercial law.

Under UAE law, investment schemes that promise fixed or unusually high returns may constitute criminal fraud and money laundering if no genuine investment activity exists behind them. This analysis examines how Federal Decree-Law No. 31 of 2021 and Federal Decree-Law No. 20 of 2018 distinguish between legitimate investment failures and sham arrangements, exploring the criminal and civil consequences for perpetrators and the recovery options available to victims.

Corporate governance disputes in UAE companies often stem from unclear decision-making authority, management powers, and shareholder rights established at incorporation. Understanding statutory duties of directors, related party transaction requirements, and the 2025 amendments to the Commercial Companies Law can help businesses structure proper governance mechanisms and avoid costly conflicts over control, profit distribution, and share transfers.

Embarking on a joint venture in the UAE can be a lucrative and successful business strategy, allowing organizations to pool their resources, expertise, and market reach while sharing risks and rewards.

The enactment of the Federal Decree-Law No. 47 of 2022 has marked a significant shift in the UAE's corporate tax landscape. At the heart of this law lies the designation...

The Abu Dhabi Global Markets (ADGM) is a financial free zone in the United Arab Emirates (UAE), having its own Courts and legal system modelled on English common law.

Kingdom of Bahrain through recent amendments via Legislative Decree No. 1 of 2018 amended law on Commercial Companies Law ("CCL")

Similar provisions also apply to the general manager of the LLC. Article 219 of the UAE Commercial Companies Law provides that "It shall be mentioned that the company is an LLC, along with the company's capital.

The historical backdrop of cybersecurity started with a research venture. A man named Bob Thomas understood that it was feasible for a computer program to move over a system,