In
his capacity as Ruler of Dubai, Vice President and Prime Minister of the United
Arab Emirates, His Highness Sheikh Mohammed bin Rashid al Maktoum, issued Law
No. 15 of 2016 on the regulations issued by the authorities of free zones and
special development zones in Dubai.
The
new Law is applicable to all free zones and special development zones in Dubai,
including Dubai International Financial Centre, DIFC. Government entities
subject to this Law will publish any bylaws or regulations on their official
websites and make them available to the public free of charge.
Pursuant
to the Law, authorities of free zones and special development zones in Dubai
may publish their regulations in Arabic or any other language. The regulations
published in any authority’s official website is binding and considered
effective within 30 days of the date of publication unless stated otherwise.
All
regulations issued by authorities of free zones and special development zones
in Dubai prior to Law No. 15 of 2016 remain valid and obligatory and must be
communicated by the authorities through their official websites within 30 days
of the date of activation of the new Law.
The
new Law shall be published in the Official Gazette and is effective from the
date of publication.
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