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Yemen (90) > General provisions (30)

Name: Law No. 22, 2004 amending Article 28 of Presidential Decree of Law No. 32, 1991 on Commercial Law.
Country: Yemen
Subject(s): Civil, commercial and family law
Type of legislation: Law, Act
Adopted on: 2004-09-29
Entry into force:
Published on: Al Jarida Al Rasmiyya, 2004-09-30, No. 18, p. 2
ISN: YEM-2004-L-76248
Link: https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=76248&p_lang=en
Bibliography: Al Jarida Al Rasmiyya, 2004-09-30, No. 18, p. 2
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.

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