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flag UAE updates company law to boost business, add nonprofit entities and investment tools.

flag The UAE has enacted a Federal Decree-Law updating its Commercial Companies Law to boost business competitiveness. flag It introduces a non-profit company entity allowing reinvestment of profits for social goals. flag The law enables multiple share classes with customized rights, private securities offerings for joint-stock companies, and streamlined relocation between emirates and free zones. flag It also establishes modern corporate tools like tag-along and drag-along rights, clear rules for share transfers after death, and strict standards for valuing in-kind contributions. flag The reforms aim to enhance transparency, investment appeal, and economic resilience.

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