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MoE’s Laws and Regulations

Federal Law No (18) of 1981 on the Regulation of Commercial Agencies and Amendments Thereof

Commercial Agency and Auditors Legislations
Federal Law No (18) of 1981 on the Regulation of Commercial Agencies and Amendments Thereof

Pursuant to the provisions of this law, the practice of commercial agency activities in the UAE is limited to nationals or companies that are wholly owned by natural legal nationals. The law addresses the conditions, prerequisites and documents for submitting a registration application in the commercial agents registry, the responsibilities of a commercial agent and the powers of the competent authorities. The law’s executive regulations specify the fees due for requesting registration in the commercial agents’ registry or for requesting a change or amendment in any details. This is in addition to the fees due for obtaining an official extract from the registration record. Also pursuant to this law, the Commercial Agencies Committee was established, which is mandated with considering any dispute that may arise because of a commercial agency registered with the Ministry of Economy. It may be possible to appeal any decision taken by the Committee before the competent court, within thirty days from the date of being notified of the Committee’s decision.

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