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Ras Al Khaimah: Law of Offshore

Table of Statutes

This is a non-exhaustive list of the main Dubai statutes affecting offshore and non-resident business. The statutes are listed in alphabetical order – click on the statute for a fuller description of the statute, the legal regime it forms part of, or in some cases the text of the law.

Federal Law No 8 of 1984 (Companies law)
Federal Law No. 9 of 1975 (Registration of professionals)
Federal Law No 10 of 1980 (Central Bank law)
Federal Law No 12 of 1986 (Labour law)
Federal Law No 13 of 1988 (Commercial companies law) 
Federal Law No 37 of 1992 (Trademarks)
Federal Law No 40 of 1992 (Protection of intellectual property)
Federal Law No 44 of 1992 (Protection of industrial property)
Emiri Decree No. (2)/ 2005
RAK Offshore Regulations, 2006
UAE Federal Law (8) 2004 on Financial Free Zones, 
UAE Agency Law

Ras Al Khaimah follows the same legal system as the other Emirates of the UAE. Constitutionally, Islamic Sharia Law, based on the Holy Koran, is the basic source of legislation in the UAE. However, as a result of the development of trade and commerce and the enactment of laws and codification at the federal and individual Emirate levels, there is a growing body of civil law on several subjects such as labour relations, maritime affairs, commercial transactions, trade agencies, intellectual property and commercial companies.

Under the UAE legal system, civil courts are parallel to Sharia courts. However, over the years the importance of Sharia courts has decreased and their role in business-related matters is relatively limited.

The federal court structure comprises courts of first instance, courts of appeal and the court of cassation, which is the final appeal. As a general rule, when a court is deciding on an issue it refers to the available body of civil law. If the matter is not addressed in civil law, reference is made to the Sharia law and, in the absence of any reference in the Sharia Law, to the prevailing legislation in other Middle Eastern countries.

 

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