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DIFC RESHAPES ITS PRESCRIBED COMPANY REGIME: GREATER ACCESS WITH STRONGER COMPLIANCE

The DIFC courts have introduced certain new amendments to the Prescribed Company (“PC”) Regulations 2026. The amendments have helped in significantly expanding and simplifying the existing Prescribed Company regime. The updated framework enhances DIFC’s position as a jurisdiction for efficient holding and structuring vehicles while maintaining appropriate governance, transparency, and regulatory oversight. Removal of Qualifying […]
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WHEN CAN AN LLC MANAGER BE PERSONALLY SUBJECT TO ENFORCEMENT MEASURES IN THE UAE? – INSIGHTS FROM AN ABU DHABI COURT OF CASSATION JUDGMENT

Article 21 of the Federal Decree-Law No. 32 of 2021 on Commercial Companies clearly mentions that a company acquires a legal personality upon its registration and is considered as a separate legal entity distinct from its shareholders and managers. In a limited liability company, the liability of the partners us limited to the extent of […]
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