The Ministry of Economy in the UAE has unveiled the Federal Decree-Law No. 14 of 2023 on Commerce through Modern Means of Technology (e-commerce). In line with the country’s strategic vision for digital advancement, the new legislation seeks to transform the expansion of trade by harnessing the latest technologies and promoting the establishment of intelligent infrastructure.
Underlining the country’s commitment to a resilient economic model, Abdullah Ahmed Al Saleh, Undersecretary of the Ministry of Economy, highlighted the pivotal role of the new e-commerce law. Emphasising its compatibility with global digital commerce trends, the law adopts a flexible approach to streamline businesses, fortifying the UAE’s appeal to entrepreneurs and investors worldwide.
The new law addresses key facets of the digital trade landscape, from regulating e-commerce entities and safeguarding consumer interests to authorising trade conducted through modern technology means. Noteworthy provisions include optional dispute resolution jurisdictions, protection of intellectual property rights, and the integration of federal and local entities in the e-commerce value chain.
Moreover, the law places specific responsibilities on the Ministry of Economy, including the formulation of a comprehensive e-commerce policy, issuance of terms for consumer protection, and coordination with authorities on compliance, tax, and customs. Merchants engaging in e-commerce must adhere to stringent criteria, ensuring legal capacity, regulatory compliance, and the provision of a secure technology infrastructure.
This legislation positions the UAE as a global leader in e-commerce regulation, facilitating a secure, efficient, and competitive environment for businesses and consumers alike. The move reflects the nation’s commitment to achieving higher levels of competitiveness and sustainable economic development in line with its visionary ‘We the UAE 2031’ agenda.
