
Federal Decree-Law No. 16 of 2021 on Factoring and Transfer of Receivables
Federal Decree-Law No. 16 of 2021 on Factoring and Transfer of Receivables In August 2021, the UAE government enacted the Federal Decree-Law No. 16 on Factoring and Transfer of Receivables (hereinafter the “Law“, which came into effect ninety (90) days after its publication. This Law provides a comprehensive legal framework for the