UAE allows 100% foreign ownership

UAE allows 100% foreign ownership

The UAE Commercial Companies Law (the “CCL”) has been amended to permit 100% foreign ownership of companies incorporated in the UAE under the CCL, commonly known as “onshore” companies (“Onshore Companies”). The UAE Ministry of Economy announced that the foreign...
Dubai Chamber – A bridge between India and Dubai

Dubai Chamber – A bridge between India and Dubai

India and Dubai share historic and strong trade and cultural ties. The non-oil trade between India and Dubai has consistently increased over years from $26 billion in 2017 to $36 billion in 2019, making India the second largest trading partner for Dubai.Since 2015,...