SEVEN THINGS TO KNOW ABOUT THE NEW UAE COMMERCIAL AGENCIES LAW
What is the law regulating commercial agencies in UAE? The Federal Law No. 3 of 2022 concerning the Regulation of Commercial Agencies applies to the relationship between the principal and the commercial agent and regulates, inter alia, the creation and the registration of the agency, its commencement, existence, termination and the rights and obligation that may arise out agency relationship. The law came into effect on 15 June 2023 and it...