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ARTICLE · 03 MARCH 2020

Groundbreaking Changes For Foreign Direct Investment In The UAE

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.

United Arab EmiratesGovernment, Public Sector

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

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