Hedge Funds & Alternative Investments
Regulation, Risk & Compliance
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UAE to allow 100% foreign ownership of businesses
Sheikh Khalifa bin Zayed Al Nahyan, president of the UAE, issued the decree, which replaces the Commercial Companies Law No. 2, passed in 2015. Under current UAE law, foreign shareholders can own a up 49% of a locally registered company, with a local partner holding the 51% majority. However, several…
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