These Regulations shall be titled the Executive Regulations of Free Zone Companies in the Special Development Zone for 2018.
These Regulations have been issued by the Department of Planning & Development – TRAKHEES in its capacity as the regulatory arm of Ports, Customs and Free Zone Corporation according to Decree No. 22 of 2009 issued by His Highness Sheikh Mohammed Bin Rashid Al Maktoum.
The Federal Commercial Companies Law No 2 of 2015 shall not apply to any free zone company or branches thereof save for any matter contained in these Executive Regulations.
These Regulations shall take effect one month after being published on the website of the Department of Planning & Development – TRAKHEES.
The following terms and conditions shall, wherever used herein, have the meanings given thereto unless the context otherwise requires.
Trakhees: Department of Planning & Development – The regulatory arm of Ports, Customs and Free Zone Corporation
AED: The UAE Dirham a...