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YEM-2004-L-76248
Breadcrumb
Title_of_text
Law No. 22, 2004 amending Article 28 of Presidential Decree of Law No. 32, 1991 on Commercial Law.
Main Region
First Region
Country(ies)
Yemen
Subjects (Classification)
Civil, commercial and family law
Adopted on (Date of text)
2004-09-29
Scope of text
National
Type of legislation (Type of text)
Law, Act
Second Region
Abstract/Citation
According to this amendment, foreigners are not allowed to create a company in Yemen, unless they have Yemeni partner. The Yemeni partner must hold at least 51% of the company. This Law does not apply to certain small businesses.
Entry dates region
Date of entry into force
2004-09-29
--
Serial region
Serial title
Al Jarida Al Rasmiyya
Date
2004-09-30
Number
No. 18
Page range
p. 2