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Managing Director Liabilities & Obligations
FAQ Managing Directors Obligations Written by: Bassel Ostwani Q: Is the manager liable to protect the company’s interests? A: A person authorized to manage the company shall preserve its rights and extend such care as a diligent person. Q: Is the manager responsible for keeping the company’s financial records and showing it to the … Continue reading Managing Director Liabilities & Obligations
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Key Changes in Employment Contract & Probationary Period under new Decree no. 33 of 2021
Key Changes in Employment Contract and Probationary Period Key Changes in Employment Contract and Probationary PeriodWritten by: Mohamed Waaer On 26 October 2021, Decree no. 33 of 2021 concerning the Regulation of Labour Relations in the Private Sector (the “New Decree”) was issued. Main Contract Changes Alignment with Global Developments Approach, Enhancing the flexibility and … Continue reading Key Changes in Employment Contract & Probationary Period under new Decree no. 33 of 2021
Read MoreNew Regulation of Labor Relations in Private Sector
The New Federal Labor Law will take effect from February 2, 2022. & Will include major changes pertaining to the regulation of Labor relations in the private sector as follows: [1] Federal Decree Law No.33 of 2021 Scope of Application Under Article 3 1- The provisions of this Decree-Law shall apply to all Establishments, … Continue reading New Regulation of Labor Relations in Private Sector
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