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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

Yemen
Civil, commercial and family law
2004-09-29
National
Law, Act

Second Region

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