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Gcc National

Gcc National

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Published by Nadeem Ahmad

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Published by: Nadeem Ahmad on Jul 04, 2012
Copyright:Attribution Non-commercial

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07/04/2012

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 The Federal Law No. (2) year 1984In the affair of the citizens of states of the Cooperation Councilpracticing of economic activity in the state
We, Zayed Bin Sultan Al Nahyan, the President of the state aftertaking cognizance of the provisional constitution,The Federal Law No. (1) of the year 1972 in the affair of jurisdictionsof Ministries, powers of Ministers and the laws amending them,The Federal Law No. (7) of the year 1975 in the affair of practicingmedicine profession and the laws amending them,The Federal Law No. (9) of the year 1975 in the affair of organizingaccounting and review and the laws amending them,The Federal Law No. (9) of the year 1980 in the affair of organizinglegal profession,And the Federal Decree No. (47) of the year 1982, concerning theapproval of the unified agreement among states of CooperationCouncil, and pursuant to what the Minister of Finance and Industryshowed and the acting Minister of Economy and Trade; in addition to,approval of the Council of Ministers and National Federal Council aswell as the Federal Supreme Council,We issue the following law:
First Article
The natural and artificial citizens of states of Arab Gulf CooperationCouncil shall be allowed to practice their economic activity in theindustrial and agricultural fields, animal and fish resource andcontracting in the United Arab Emirates provided that the percent ofthe citizens of the states of the Cooperation Council doesn’t exceed75% of the project capital, and this shall be during the first five yearsfrom the date of activating this law, and after this period the work inthese field shall be released,
 
Second Article
The following practitioners and employees of any nationality of thestates of the Arab Cooperation Council shall be allowed to register inthe United Arab Emirates:
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Medicine
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Legal profession
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Accounting and review
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Engineering including engineering offices
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Managerial, economic, technical, agricultural, fishing andindustrial consultations,and practicing the indicated professions shall be allowed on thecondition of having a permit, making the registration andmeeting the required conditions of practicing these professions,
Third Article
The Minister of finance and Industry in organization withMinisters ,each one is in hisjrisdiction, and the interestedauthorities in the U.A.E shall issue the orders and draft lawsnecessary to apply provisions of this law,
Fourth Article
All provisions that violate provisions of this law shall be deleted,
Fifth Article
This law shall be announced in the official gazette and appliedfrom the first of March, 1983.
Zayed Bin Sultan Al NahayanThe President of the United Arab Emirates
 

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