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The UAE Recalibrates its Foreign Direct Investment Framework with 100% Foreign Ownership and Other Landmark Changes to its Commercial Companies Law
On November 25, 2020, the UAE Royal Cabinet announced the issuance of a new decree (the "2020 FDI Decree") amending the Federal Commercial Companies Law (Federal Law No. 2 of 2015) and superseding the 2018 Foreign Direct Investment Decree. The newly announced decree significantly reduces restrictions on individuals and multinational…
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