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UAE Cabinet Approves Resolution on Foreign Direct Investment and Ownership

|Approved Changes|Untd A Emirates
Untd A Emirates

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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