Published On: Tue, May 22nd, 2018

UAE permitted 100% business ownership to foreign investors

The UAE government has established steps to allow 100% foreign ownership in companies by year-end. Currently, foreigners cannot hold more than 49% of any UAE firm unless it is incorporated as special “free zone”. Another benefit of this new instruction is that, the residency visas will offer up to 10 years to investors and specialties in scientific, research, medical and technical fields.

 

Dhamya Ravi

Photo Courtesy : Google/ images are subject to copyright   

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UAE permitted 100% business ownership to foreign investors