UAE to allow 100% foreign ownership of commercial companies as of June
4 June 2021

Foreign ownership in the UAE seems to have finally reached a turning point.

Following the issuance of Federal Decree Law No. 26 of 2020, the UAE’s minister of economy announced this past 19 May that foreign ownership restrictions for a range of activities in numerous sectors will be lifted on 1 June.

Over 1,000 activities will be eligible for 100% foreign ownership – which ones are most attractive to foreign investors?

Our Dubai Team breaks down the main details here.