UAE Cabinet Approves Resolution on Foreign Direct Investment and Ownership
The UAE Cabinet has reportedly approved Resolution No. 16 of 2020, which confirms the economic sectors and activities eligible for up to 100% ownership through foreign direct investment (the positive list). Previously, foreign investment in a UAE company was generally limited to 49% ownership, although the possibility for 100% ownership was provided via Federal Decree-Law No. 19 of September 20…
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