Regulatory Alerts2024-03-25
Added · Updated
Limited Liability Partnerships Regulations (Amendment No. 1) 2024
The Board of Directors of the Abu Dhabi Global Market enacted regulations to amend the Limited Liability Partnerships Regulations 2015. The amendment mandates that every limited liability partnership must have at least one designated member who is a natural person. These regulations apply within the Abu Dhabi Global Market and generally come into force upon publication, with a six-month grace period for existing partnerships.
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