The Foreign Direct Investment law and associated sector list
In our news alert dated 21st of May 2018, we announced the decision of the Cabinet to draft a federal law on the 100 % foreign ownership of UAE- based enterprises. Within 4 months the UAE government drafted and enforced the Federal Law by Decree No. (19) of 2018 regarding Foreign Direct Investment (FDI law). This law outlines, among other considerations, the framework under which it will be possible, in the near future, to establish a 100% foreign owned enterprise in the UAE.
