Legislation Details
- Full Title: Cabinet Resolution Concerning the National Treatment of the Nationals of States of the Cooperative Council of Arab Gulf States as UAE Nationals Concerning the Practice of Commercial Actvities
- Law Type: Cabinet Resolution
- Law Number: 23 of 2024
- Issued Date: 08 Mar 2024
- Effective Date: 16 Mar 2024
- Official Gazette: No. 771
- Sector: Economy and Business
- Status: Active
- Number of Articles: 11
- Chapters/Parts: 0
- Amendments: 0
Summary
This Cabinet Resolution grants nationals of the Cooperative Council of Arab Gulf States (GCC) the same national treatment as UAE nationals when practicing commercial activities in the UAE, with some exceptions. The purpose is to facilitate economic integration and cooperation between the UAE and other GCC states. This resolution matters for GCC businesses and individuals seeking to operate in the UAE, as it expands their rights and opportunities compared to previous legislation. (Cabinet Resolution Concerning the National Treatment of the Nationals of States of the Cooperative Council of Arab Gulf States as UAE Nationals Concerning the Practice of Commercial Actvities, 2024, Art. 1-5)
What is the scope and purpose of this law?
The scope of this Cabinet Resolution is to grant national treatment to nationals of other GCC states when practicing commercial activities in the UAE. This means GCC nationals are permitted to engage in the same economic activities as UAE nationals, with some exceptions. The purpose is to facilitate economic integration and cooperation between the UAE and other GCC countries. (Cabinet Resolution Concerning the National Treatment of the Nationals of States of the Cooperative Council of Arab Gulf States as UAE Nationals Concerning the Practice of Commercial Actvities, 2024, Art. 2)
What are the key definitions under this law?
The Resolution provides the following key definitions:
- State: The United Arab Emirates
- Minister: The Minister of Economy
(Cabinet Resolution Concerning the National Treatment of the Nationals of States of the Cooperative Council of Arab Gulf States as UAE Nationals Concerning the Practice of Commercial Actvities, 2024, Art. 1)
What are the main obligations and requirements?
The main obligation under this Resolution is that nationals of other GCC states must be permitted to practice economic activities in the UAE in accordance with the principle of national treatment, except for the following activities: 1. Hajj and Umra Services 2. Exclusive Commercial Agencies Services 3. Fisheries Services (Cabinet Resolution Concerning the National Treatment of the Nationals of States of the Cooperative Council of Arab Gulf States as UAE Nationals Concerning the Practice of Commercial Actvities, 2024, Art. 2)
What amendments can be made to the economic activities?
The Cabinet has the authority to make any amendments, whether additions, omissions, or changes, to the list of economic activities stipulated in Article 2, based on a proposal from the Minister of Economy after coordination with the Local Authorities. (Cabinet Resolution Concerning the National Treatment of the Nationals of States of the Cooperative Council of Arab Gulf States as UAE Nationals Concerning the Practice of Commercial Actvities, 2024, Art. 3)
What legislation does this Resolution repeal?
This Resolution repeals Cabinet Resolution No. (4) of 2007 Permitting the GCC Nationals to Engage in Economic Activities and Professions in the State, as well as any provisions conflicting or contradicting with the provisions of this new Resolution. (Cabinet Resolution Concerning the National Treatment of the Nationals of States of the Cooperative Council of Arab Gulf States as UAE Nationals Concerning the Practice of Commercial Actvities, 2024, Art. 4)
When did this law come into effect?
This Cabinet Resolution shall be published in the Official Gazette and shall come into force as of the day following its date of publication, which was 16 March 2024. (Cabinet Resolution Concerning the National Treatment of the Nationals of States of the Cooperative Council of Arab Gulf States as UAE Nationals Concerning the Practice of Commercial Actvities, 2024, Art. 5)
Source Documents
This article analyses Cabinet Resolution Concerning the National Treatment of the Nationals of States of the Cooperative Council of Arab Gulf States as UAE Nationals Concerning the Practice of Commercial Actvities for legal research and educational purposes. For the purpose of interpretation and application, reference must be made to the original Arabic text. In case of conflict, the Arabic text prevails. This does not constitute legal advice.