4th June 2021

Dubai’s Department of Economic Development yesterday

issued detailed guidelines clarifying the procedures for 100 percent ownership of commercial entities in the emirate for foreign investors.

Dubai Economy clarified that full ownership does not bring any change to current procedures or requirements for licensing, except that it’s no longer mandatory to have an Emirati partner or specify a fixed quota ratio for him/her.

Leave a Reply

Your email address will not be published. Required fields are marked *