DIFC Law · Dubai International Financial Centre
DIFC Law No. 5 of 2004 — Limited Liability Partnership Law
A reference record of DIFC Law No. 5 of 2004, drawn from the instrument's own official text. It sets out how the law is organised — its Parts, its article count and its length — and links to the text itself. It does not interpret the law or offer advice on it.
Where this instrument arises in our work: Corporate & M&A
At a glance
| Citation | DIFC Law No. 5 of 2004 |
| Short title | Limited Liability Partnership Law |
| Instrument type | DIFC Law |
| Enacted | 2004 |
| Jurisdiction | Dubai International Financial Centre |
| Parts | 9 |
| Numbered articles | 44 |
| Length of official text | 25 pages |
How DIFC Law No. 5 of 2004 is organised
The 9 Parts below are the instrument's own divisions, in the order the official text sets them out.
| Part | Heading |
|---|---|
| Part 1 | General |
| Part 2 | Formation And Registration |
| Part 3 | Administration Of Affairs Of A Limited Liability Partnership |
| Part 4 | Corporate Capacity And Transactions |
| Part 5 | Members |
| Part 6 | Accounts And Audit |
| Part 7 | Recognised Limited Liability Partnerships |
| Part 8 | Powers And Remedies |
| Part 9 | Miscellaneous |
What DIFC Law No. 5 of 2004 covers, article by article
The 44 article headings below are the instrument's own, reproduced in its order. They are a map of the law, not a summary of it — for the wording of any article, read the official text.
- Title and Commencement
- Legislative authority
- Application of the law
- Date of enactment
- Commencement
- Interpretation
- The Registrar
- Method of formation
- Limited Liability Partnership Agreement
- Registration
- Effect of registration
- Licence
- Conduct of Business in the DIFC
- Names, records and registers
- Capacity of Limited Liability Partnership
- Transactions entered into prior to corporate existence
- Members
- Relationship of Members
- Duties of Members
- Members as agents
- Assumptions in relation to Members
- Ex-Members
- Designated Members
- Registration of membership changes
- Maintenance of Accounting Records
- Financial years
- Accounts
- Provision of copy of accounts to Member
- Appointment and removal of auditors
- Auditors' report to the Members
- Auditors' duties and powers
- Resignation of an auditor
- Co-operation with auditors
- Obligation of Disclosure to the Registrar
- Foreign Limited Liability Partnerships
- Requirements of a Recognised Limited Liability Partnership
- Conduct of business in the DIFC
- Maintenance of Accounting Records
- Application of Operating Law
- Strike off and Restoration
- Public Register
- Power to make Regulations
- Waivers and Modification of Law or Regulations
- Fees
Primary sources
Everything on this page comes from these two. Links go to the issuing legislator.
Acting on DIFC Law No. 5 of 2004
This page is a record, not advice. If limited liability partnership law bears on a matter you are dealing with, speak to us about the facts.