The Foreign Direct Investment Law (Decree No 19 of 2018)
established a framework enabling up to 100% foreign ownership of
UAE businesses, outside of the designated freezones. Previously,
foreign ownership was restricted to 49%, and ownership of at least
51% by a UAE national or company was mandatory.
The several possibilities put forward by this decree as well as
other game-changing initiatives introduced by the Dubai Economy
enabling up to 100% foreign ownership of UAE businesses is expected
to bolster Dubai's position as a hub for business and a
favorable habitat for investment.
How can we assist
BSA Ahmad Bin Hezeem & Associates LLP are at the forefront
of helping international clients take advantage of these exciting
new opportunities. We recently advised a number of clients on
obtaining 100% full ownership of their existing businesses,
including a leading regional FMCG company in utilizing the decree
to obtain 100% foreign ownership of their operations. BSA