On 1 July 2015, long-awaited Federal Law No. 2 of 2015 concerning Commercial Companies Law came into force, replacing Old Commercial Companies Federal Law No. 8 of 1984.

As per the new law, all Companies are required to amend their existing Memorandum and Articles of Association to comply with the new law that raises level of corporate governance, offers more protection to shareholders and provides new governing rules for all type of Companies.

Khairallah Advocates & Legal Consultants provide legal consultation on new Commercial Companies law and offer comprehensive legal assistance for amending requisite documents by charging reasonable professional fees. Please contact us if you are looking for our legal assistance or want to know more details.