ADJD reviews updates to commercial companies law at legal forum

DUBAI 23°CGOLD/FOREXPRAYER TIMESNEWSLETTERSLOGIN GOLD/FOREXDUBAI 23°CPRAYER TIMES UAEUAEUNITED IN STRENGTHRAMADANASK GULF NEWSPEOPLEGOVERNMENTEDUCATIONCOURT & CRIMEHEALTHEMERGENCIESENVIRONMENTTRANSPORTWEATHER ADJD reviews updates to commercial companies law at legal forumExperts review company formation, governance and flexibility under updated UAE law Abu Dhabi: The Abu Dhabi Judicial Department (ADJD) discussed recent legislative updates to the Commercial Companies Law during a specialised forum aimed at strengthening legal awareness and supporting the business environment. The forum, titled “Legislative Transformation of the Federal Commercial Companies Law”, brought together legal experts, judges, lawyers and investors to review key amendments and their impact on companies operating in the UAE. Participants discussed how the recent changes can help improve the stability of commercial transactions and enhance dispute resolution, supporting a more flexible and competitive business environment. Officials said the forum forms part of ADJD’s efforts to keep pace with legal developments and ensure better understanding of updated laws through practical examples and case studies. The event was held virtually through the Abu Dhabi Judicial Academy and saw strong participation from specialists within the UAE and abroad. Attendees included members of the judiciary, public prosecution, legal consultants and business representatives. Discussions focused on amendments introduced under Federal Decree-Law No. 20 of 2025, which updates several provisions of the Commercial Companies Law. Sessions reviewed how these changes affect company management, operations and the handling of commercial disputes before courts. Participants also examined the scope of the law and its exceptions, especially in relation to free zones and financial free zones. The forum highlighted requirements for establishing companies, including proper documentation, the use of electronic signatures and the legal responsibilities of partners. It also covered rights within limited liability companies and private joint stock companies, including how partners can exit or join companies, and how shares are handled in case of a partner’s death. Officials said these measures aim to ensure business continuity and reduce disruptions. One of the key updates discussed was the ability for companies to transfer their registration from one authority to another within the UAE without needing to dissolve. Participants said this step supports business flexibility and allows companies to continue operating without interruption. The sessions also addressed governance rules, management responsibilities and penalties in cases of non-compliance. Authorities said such discussions help strengthen the legal system and support economic growth by ensuring companies operate within clear and updated frameworks. Court rejects bank defence, orders refund of Dh365,836 Man loses court bid to get gifted Dubai apartment back Stuck abroad: can your UAE salary be stopped? Abu Dhabi Judicial Department expands notary reach