Skip to main content
LEXAI
In effectCabinet Resolution

UAE Corporate / Commercial LawCabinet Resolution No. (26) of 2022, Repealing Cabinet Resolution No. (89) of 2020 Approving the Articles of Association of the Union Digital Payments Company (Public Joint Stock Company)

UAE Cabinet Resolution·Cabinet Resolution No. (26) of 2022

قرار مجلس الوزراء بإلغاء قرار مجلس الوزراء رقم (89) لسنة 2020 باعتماد النظام الأساسي لشركة الاتحاد للمدفوعات الرقمية (شركة مساهمة عامة)

Authoritative Arabic version per the official UAE Legislation portal

Issued Date
March 29, 2022
Effective from
March 30, 2022
Articles
2
Last synced
Oct 19, 2026
Download PDFOfficial source

Need help with this law?

Describe your situation below. Your details go to our team, and a suitable lawyer in the LEXAI directory may receive them so they can contact you about it.

Pick your situation so your enquiry can reach a suitable lawyer in the LEXAI directory who works in that area.

Your details stay private and are used only to handle your enquiry. We may offer your enquiry automatically to a suitable lawyer in the LEXAI directory. If a lawyer declines it, or does not reply, we may offer it to another suitable lawyer. Only a lawyer who accepts it receives your name, contact details and what you wrote, so they can contact you about it. You can ask LEXAI to delete your enquiry at any time. Privacy policy

This law text has not yet been reviewed by a lawyer. Check the official source before relying on it.

Plain-language summary

Repeals Cabinet Resolution No. 89 of 2020 concerning the Articles of Association of the Union Digital Payments Company, a public joint stock company.

Synced from the official UAE Legislation portal · Plain-language summary by LEXAI

Article-level text

Key Articles

2 articles

  1. 1

    Article 1

    Article (1) Cabinet Resolution No. (89) of 2020 Approving the Articles of Association of the Union Digital Payments Company (PJSC) shall be repealed.

  2. 2

    Article 2

    Article (2) This Resolution shall be published in the Official Gazette and shall come into force as of the day following its date of issuance. Mohamad bin Rashid Al Maktoum Prime Minister Issued by Us: On: 26/ Shaaban/ 1443 AH Corresponding to: 29/ March/ 2022 AD

    -- 1 of 1 --

Note: The Arabic text of this legislation is the authoritative version as per the official UAE Legislation portal.

Reading shortcut

Ask LEXAI a question about Cabinet Resolution No. (26) of 2022.

Plain-English answers, with a citation back to the exact article. Free with a LEXAI account.

LEXAI provides general legal information, not legal advice. For your specific case, speak to a licensed UAE lawyer.

Ask a question

Related laws

Other UAE legislation in this category. Cross-reference before citing the law.

Keep reading

Related guides

Corporate Commercial

Customs Duty Exemption in the UAE: Industrial Inputs, Personal Effects and How to Claim

Which imports escape the UAE's 5% customs duty, how a licensed factory registers its machinery and raw materials with the Ministry of Industry and Advanced Technology, the conditions for moving your household goods, traveller allowances, and what to do if customs refuses.

5 min read

Corporate Commercial

Related Party Transactions in the UAE: Company Law Approvals and Corporate Tax Arm's-Length Rules

Who must approve a deal between your company and a director, partner or their own company, what has to be disclosed and minuted, and how the Corporate Tax Law tests the price under the arm's length and connected-person rules.

5 min read

Corporate Commercial

Tax Residency Certificate in the UAE: Who Qualifies and How to Apply

Who counts as a UAE tax resident, from the 183-day and 90-day tests to the centre-of-interests rule, and how to apply on EmaraTax: the documents, the AED fees, the timelines and the mistakes that cost a non-refundable fee.

5 min read