New UAE Rule Allows Expats 100% Business Ownership

Good news for non-Emirati investors! 

The government of UAE has recently scrapped the need to have an Emirati sponsor to put up a business. 

The new rule now allows expatriate investors 100 percent ownership. 

It will be effective starting December 1. 

The new initiative is in line with a federal law that was issued by President His HighnessSheikh Khalifa bin Zayed Al Nahyan, which amends Law No. 2 of 2015 on companies and their shareholding.