Blog : Uncategorized

100% company ownership from Q4 2018?

No more restriction for a foreign company ownership, according to the rules. For many years, a restriction precluded foreign investors from owning more than 49% shareholdings in UAE companies, with 51% ownership given to Nationals. This means that foreign companies can only operate in the UAE by partnering with a local entity unless they are…

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FNC 16th legislative chapter: Shaikh Mohammad opened session

FNC 16th legislative chapter: Shaikh Mohammad opened session

His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai on Wednesday opened the first regular term in the Federal National Council’s (FNC) 16th legislative chapter. “My brothers and sisters members of the FNC, we now open the first regular term of the 16th legislative chapter of the…

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