8
Articles
1
Chapters
F(/FD
Issuing authority
AI
Cited answers from article text
Federal Decree-Law No. (50) of 2022 Promulgating the Commercial Transactions Law — sale, transfer and mortgage of business assets and the trade name (Articles 36-59: notarised disposition, registration and publication, creditor objection and claim periods, succession to contracts); the rest of the Law not extracted is one of the rulebooks issued by the Federal (Cross-Regulator / Federal Decree-Laws). For compliance officers, legal teams, and advisors working under this regime, finding the right article quickly matters. Lexara indexes the full text of UAE Commercial Transactions Law (FDL 50/2022, partial: business assets) and makes it searchable two ways: full-text and keyword search for rapid lookup, and AI Explorer for natural-language questions answered with citations to the exact article.
8 articles in 1 chapters, each with a plain-English summary by Arakan. The full text of every article is in the Laws Browser.
Commercial Transactions Law Art 40Title passes on registration and publication
Business asset ownership transfers only upon registration and publication in the commercial register, with separate registrations for distinct asset types.
Commercial Transactions Law Art 41Creditor objection window
A buyer must request a summary publication for creditor objections post-sale notification, allowing 10 business days for objections before payment is made.
Commercial Transactions Law Art 42Contracts pass to the buyer; counterparty exit right
Buyers assume seller's contractual rights and obligations upon business asset purchase, but counterparties can cancel contracts within 90 days if justified.
Commercial Transactions Law Art 43Debts after a business transfer
Buyers must announce a debt submission date for creditors, remain liable for debts filed on time, and the seller retains liability for pre-announcement debts.
Commercial Transactions Law Art 44Seller's unpaid price in buyer bankruptcy
A seller can reclaim business assets from a bankrupt buyer if they haven't received full payment, provided their lien is explicitly stated in the sale summary.
Commercial Transactions Law Arts 36-39Form of a business transfer
Merchants must ensure business asset transfers are notarised, recorded, and include specific details about assets, payments, and rights, or the transfer is null.
Commercial Transactions Law Arts 45-52Mortgage of a business
Business assets can only be mortgaged to banks via a notarized agreement; registration lasts for 5 years and defaults require public auction procedures.
Commercial Transactions Law Arts 55-59Trade name moves with the business
A trade name is inseparable from business assets and can only be used by the buyer if explicitly stated; using without permission incurs a AED 10,000 fine.
UAE Commercial Transactions Law (FDL 50/2022, partial: business assets)'s 8 indexed articles break down by obligation type as follows.
Legal / Board — 8 articles
UAE Commercial Transactions Law (FDL 50/2022, partial: business assets) spans the following regulatory topics, as tagged by Lexara.
commercial transactions
business transfer
business assets
trade name
flip
federal
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What is Federal Decree-Law No. (50) of 2022 Promulgating the Commercial Transactions Law — sale, transfer and mortgage of business assets and the trade name (Articles 36-59: notarised disposition, registration and publication, creditor objection and claim periods, succession to contracts); the rest of the Law not extracted?
Federal Decree-Law No. (50) of 2022 Promulgating the Commercial Transactions Law — sale, transfer and mortgage of business assets and the trade name (Articles 36-59: notarised disposition, registration and publication, creditor objection and claim periods, succession to contracts); the rest of the Law not extracted is issued by the Federal (Cross-Regulator / Federal Decree-Laws). It has 8 articles across 1 chapters.
What does UAE Commercial Transactions Law (FDL 50/2022, partial: business assets) cover?
It is organised into: Federal Decree-Law 50/2022 (Commercial Transactions): sale and mortgage of business assets, trade name.
Who issues UAE Commercial Transactions Law (FDL 50/2022, partial: business assets)?
The Federal (Cross-Regulator / Federal Decree-Laws). Always check the authority's official publication for the binding text.
Can I search UAE Commercial Transactions Law (FDL 50/2022, partial: business assets) and ask questions about it?
Yes. Lexara searches the full text of all 8 articles and answers plain-English questions with a citation to the exact article.
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