Federal Law No. 2
Issued on 1989/8/15
Corresponding to 14 Muharram 1410 H.
Concerning Permitting The Nationals Of The States Of The Co Operation Council To Carry Out Wholesale And Retail Activities In The State

Amended by:
Federal Law No. 3/2015 dated 2015/3/25
We, Zayed Bin Sultan Al Nahyan, President of the United Arab Emirates State,
Pursuant to the perusal of the provisional Constitution; and
Federal Law no. 1 of 1972, regarding the Jurisdiction of the Ministries and the Powers of the Ministers and the amending laws thereof; and
Federal Law no. 5 of 1975 regarding the Commercial Register; and
Federal Law no. 2 of 1984 on Carrying out Economic Activities in the State by the Nationals of the States of the Co-operation Council; and
Federal Law no. 8 of 1984 regarding the Commercial Companies; and
Federal Decree-Law no. 1 of 1984 amending some of the provisions of the Federal Law no. 8 of 1984 on the Commercial Companies; and
Federal Decree no. 47 of 1982 approving on the Unified Economic Agreement between the States of the Co-operation Council; and
Acting upon the proposal of the Minister of Economy and Commerce in agreement with the Council of Ministers and the Federal National Council and ratification of the Federal Supreme Council,
Have promulgated the following Law:
Article 1
The text of Article (1) was replaced by virtue of the first Article of Federal Law No. 3/2015 dated 2015/3/25, and became as follows:
“The nationals of the Cooperation Council for the Arab States of the Gulf², whether physical or juristic, are permitted to engage in the retail and wholesale trades in the State according to the rules and criteria to be issued by a Cabinet Decision³”.
Article 2
The text of Article (2) was abrogated by virtue of Article (2) of Federal Law No. 3/2015 dated 2015/3/25.
Article 3
The text of Article (3) was abrogated by virtue of Article (2) of Federal Law No. 3/2015 dated 2015/3/25.
Article 4
This Law shall be published in the Official Gazette and come into force as of 1987/3/1 regarding retail trade and as of 1990/3/1 concerning wholesale trade.
Promulgated by Us at the Presidential
Palace in Abu Dhabi
On 14 Muharram 1410 H.
corresponding to 15 August 1989
Zayed Bin Sultan Al Nahyan
President of the United Arab Emirates State
This Federal Law has been published in the Official Gazette, issue no. 203, page 11.

TempFile000.gif