Regulatory Alerts2024-06-12
Companies Regulations (Amendment No. 2) 2024
The Board of Directors of the Abu Dhabi Global Market enacted the Companies Regulations (Amendment No. 2) 2024 to modify the Companies Regulations 2020. The amendments redefine family membership for restricted scope companies, void ownership transfers to non-family members, and update charge registration requirements for continuing companies. These regulations apply within the Abu Dhabi Global Market and come into force upon publication.
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