The New UAE Commercial Agencies Law

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The longstanding UAE Commercial Agency Law (Federal Law No. 18 of 1981 Regulating Commercial Agencies, as amended) (the “Current Law”) is set to be replaced by the newly issued UAE Commercial Agency Law (Federal Law No. 3 of 2022 Regulating Commercial Agencies) (the “New Law”) which is due to come into force in June 2023.

The New Law brings about several material changes to the Current Law that go some way to re-balancing the relationship between a principal and its commercial agent.  That said, these changes do not automatically apply to existing agency agreements, given the timeframes for the application of the New Law to the same- as more particularly set out in this client alert.

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