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DIFC Authority Has Announced For Public Consultation A Proposed New Companies Law

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The Dubai International Financial Centre Authority (“DIFC Authority”) wishes to enact legislation to enhance the current DIFC Companies Law regime, in order to bring it in line with international best practice. In doing so, the DIFC Authority has taken into account specific factors relating to the Centre and the need to provide an appropriate regulatory environment for companies to do business in or from the DIFC. This Consultation Paper seeks public comments on the Proposed Law.

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