Commercial Agencies (UAE, Federal Law No. 14, 1988)
UAE Federal Law No. (14) of 1988 Concerning Organizing Commercial Agencies
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Commercial Laws Information
UAE commercial laws form the foundation of business activity in the federation. The Commercial Transactions Law governs the rights and obligations of merchants, the rules on commercial registration, commercial obligations falling outside the general civil law, brokerage and commercial agency, carriage of goods, deposit and pledge of commercial assets, bank operations, and negotiable instruments. The Federal Companies Law sets out the corporate forms available in the onshore jurisdiction, governance requirements, capital and shareholding rules, and the procedures for incorporation, restructuring, and liquidation.
The translations collected here include the Commercial Transactions Law, the Companies Law and its amendments, the Commercial Agencies Law, and the Bankruptcy Law together with their principal implementing regulations. Free-zone corporate regimes — including those of the Dubai International Financial Centre and the Abu Dhabi Global Market — operate under separate frameworks and are catalogued elsewhere on the site. For the broader federal legislation see UAE laws in English.
What is the backbone of UAE commercial law?
The Commercial Transactions Law — recast as Federal Decree-Law No. 50 of 2022, replacing the 1993 code — alongside the Commercial Companies Law and sector statutes on banking, insurance and competition. Older texts remain relevant for matters that arose under them, including cheque provisions that changed significantly in the recast.
Does UAE commercial law apply in DIFC and ADGM?
Generally not — the financial free zones run their own common-law-based commercial regimes with their own courts. Everywhere else in the UAE, including the other free zones, the federal commercial legislation applies.