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MoE’s Laws and Regulations

Ministerial Decree No (47) of 1989 Promulgating the Executive Regulations of Federal Law No (18) of 1981 concerning the Regulation of Commercial Agencies

Commercial Agency and Auditors Legislations
Ministerial Decree No (47) of 1989 Promulgating the Executive Regulations of Federal Law No (18) of 1981 concerning the Regulation of Commercial Agencies

Pursuant to this ministerial decree, the competent department shall compile a special registry, designated the “Commercial Agents Registry”, in which the names of commercial agents – both individuals and companies – partaking in commercial agency activities in the UAE shall be registered. All other details stipulated in these regulations shall also be recorded in said registry, as well as any changes or modifications thereto. The decree also prescribes the duties and obligations of the commercial agent – or whomever he assigns – and those of the office of the Ministry of Economy and the competent department; the documents that must be attached to the registration request, supporting the information contained therein; and the details that must be published in the official gazette. These include the name and address of the agent, the name, nationality and domicile of the principal, the date and number of agency registration, agency duration, activities area of the agent, the assets, commodities and services relevant to the agency and the trade name of the agency.

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