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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## New Legislation Overview
Ajman has introduced a new law, Law No. (2) of 2026, to manage lost and abandoned property within the emirate. This legislation was enacted by His Highness Sheikh Humaid bin Rashid Al Nuaimi, the Ruler of Ajman.
## Definitions and Responsibilities
The law defines lost property as movable items with value that are unintentionally misplaced, excluding stray animals. Abandoned property refers to items intentionally left by their owner. Ajman Police are tasked with handling these items, including receiving reports, storing, and announcing found items.
## Procedures and Rights
Finders must report lost items to the police within 48 hours. The police will issue a receipt detailing the item's description and condition. Owners can reclaim their property before disposal or claim its value within five years if sold. Multiple claims require a court ruling to determine ownership.
## Cooperation and Implementation
The law mandates cooperation from government and private entities with Ajman Police. The police may collaborate with other entities for storage or disposal of items. The Commander-in-Chief of Ajman Police will issue necessary regulations for the law's implementation.
## Recognition and Rewards
Finders may receive certificates or rewards for their honesty, potentially deducted from the item's value. The law overrides conflicting provisions in other legislation and is effective immediately upon publication in the Official Gazette.
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