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UAE Cabinet approves 100% Foreign Ownership by Year End

21/05/2018

On 20 May 2018 the UAE Cabinet approved a decision to allow 100% foreign ownership of UAE companies. This decision has been eagerly anticipated since last year’s amendments to the UAE Commercial Companies Law (Federal Law No. 2 of 2015), which opened the door...

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Authors

Portrait ofJohn O'Connor
John O'Connor
Partner
Dubai
Portrait ofHarkee Wilson
Harkee Wilson
Legal Director
Dubai
Mohammed Majid