UAE – Corporate – 100% Ownership of Companies
This morning, 21 May 2018, and as expected since few months, the UAE Federal Government Cabinet, executive branch of the UAE Federation in charge, among other duties, to draft and prepare federal laws and submit them to the Federal National Council, announced a still vague decision allowing 100% ownership of UAE-based enterprises for international investors. It seems that it relates to the current obligation for foreign companies to establish UAE companies with a UAE national holding a certain percentage of the shares in the concerned company.
