Cabinet Decision No. 107/2022On the Issuance of the Implementing Regulation of Federal Decree-Law No. 37/2021 on the Commercial Register

The Council of Ministers,

After perusal of the Constitution;

Federal Law No. 1/1972 on the competencies of the Ministries and powers of the Ministers, and its amendments;

Federal Law No. 18/1981 on the regulation of commercial agencies, and its amendments;

Federal Law No. 17/2002 on the regulation and protection of industrial property for patents and industrial designs and models, and its amendments;

Federal Decree-Law No. 32/2021 on commercial companies;

Federal Law No. 36/2021 on trademarks;

Federal Decree-Law No. 37/2021 on the Commercial Register;

Cabinet Decision No. 28/2020 on the regulation of the procedures of the real beneficiary;

Based on the proposal of the Minister of Economy, and its approval by the Council of Ministers; and

Based on the proposal of the Deputy Prime, Minister of the Presidential Affairs, and the approval of the Council of Ministers,

Has decided:

Article 1 – Definitions

In the implementation of the provisions of the present Decision, the following terms and expressions shall have the meanings assigned thereto, unless the context requires otherwise:

  • State: The United Arab Emirates.
  • Ministry: The Ministry of Economy.
  • Minister: The Minister of Economy.
  • Competent Authority: The local government entity and the free zones’ authorities that shall issue licences for the economic activities, including commercial, industrial, tourism and informational activities and other licensed economic activities in the State.
  • Economic Activity: The commercial, industrial, tourism and media activities, as well as other licensed activities in the State.
  • Licence: A document issued by the competent authority stating that the establishment is authorised to practise its economic activity after registration in the Commercial Register.
  • Write-off: An administrative measure taken by the competent authority to amend the data of the Commercial Register, in any of the cases stipulated in Article (9) of the Decree-Law and Article (8) of this Decision.
  • Commercial Company: The company that is subject to the provisions of Federal Decree-Law No. 32/2021on commercial companies.
  • Establishment: Any of the entities subject to the provisions of Article (3) of the Decree-Law.
  • Commercial Register: A database that is established at the competent authority for the registration of the names and data of the persons subject to the Decree-Law at the Competent Authority, within their respective competencies.
  • Economic Register: A database that is established at the Ministry including the data of the Commercial Register, such as the names and data of those subject to the provisions of the Decree-Law as well as the commercial register number provided by the Competent Authority, in addition to any other data determined in this Decision.
  • Commercial Register Number: An identification number issued for the establishment having an economic activity, upon registration in the Commercial Register at the Competent Authority.
  • Economic Register Number: An identification number issued for the establishment having an economic activity, upon registration in the Economic Register at the Ministry.
  • Decree-Law: Federal Decree-Law No. 37/2021on the Commercial Register.

Article 2 – Commercial Register

The Commercial Register shall include the following data:

  1. Data of the Establishment practising an Economic Activity:
    1. Commercial Register Number
    2. Economic Register Number, upon its issuance by the Ministry.
    3. Commercial Name in Arabic and English.
    4. Date of incorporation.
    5. Phone number and e-mail.
    6. Licence number, date of issuance and expiration of the Licence.
    7. Status of the Licence, to prove the validity of such Licence and whether it is suspended, under liquidation, or written-off.
    8. Type of the Licence, including commercial, industrial, professional or crafts licenses, among many others.
    9. Legal form.
    10. Capital, number of equities or shares, and their nominal value (if available).
    11. Address of the Establishment.
    12. Number of the card of the Establishment at the Federal Authority for Identity, Citizenship, Customs and Ports Security.
    13. Licence of the branch (if available).
    14. Name of the branch in both Arabic and English Languages.
    15. Local number of the Main Licence
    16. Number of the Licence of the Parent Establishment.
    17. Coordinates of the geographic site; virtual licences which do not require the existence of a geographic site for the practice of its activity may be excluded in this regard.
    18. Date of changing and amending the data of the Establishment as mentioned on the Licence.
    19. Title and number of the economic activity.
    20. Name of the director or chairman of the board of directors, as the case may be.
  2. Data related to the owners, including partners or shareholders.
    1. Name in Arabic and English.
    2. Gender and date of birth.
    3. Nationality.
    4. Data of the Identity Card of the nationals and residents in the State, or the data mentioned on the non-residents’ passports.
    5. Phone number and e-mail.
    6. Registration number.
    7. Local number for non-residents in the State (if available).
    8. Name and legal form of the juristic persons deemed as partners or shareholders, according to the Licence.
  3. Data of the management.
    1. Names of the members of the board of directors in Arabic and English.
    2. Data of the identity card of the nationals and residents in the State, or the data of the passports of non-residents.
    3. Nationality of the members of the Board of Directors.
    4. Phone number and e-mail.
  4. Data of the Real Beneficiary, according to Cabinet Decision (28) of 2020 on the regulation of the procedures of the real beneficiary.