UAE allows 100% Foreign Ownership in Mainlands; The effective date and activities included

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 to include 10 new sectors to companies’ law, offering 100% ownership to Expatriates

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 Records 4.4% growth

UAE free zones have marked a 4.4% growth when compared to the earlier period this year, accommodating around 60,600 companies