Until recently complete ownership to foreign investors was the sole feature of free zones in UAE, but from June 1st onwards UAE mainland can also boast of this characteristic.
Until recently complete ownership to foreign investors was the sole feature of free zones in UAE, but from June 1st onwards UAE mainland can also boast of this characteristic.
UAE’s Ministry of Economy is working on including 10 new sectors to the Commercial Companies Law which can be fully owned by a foreign national without the help of a local sponsor.
UAE free zones have marked a 4.4% growth when compared to the earlier period this year, accommodating around 60,600 companies