Latest Breaking News On - Strategic impact - Page 16 : comparemela.com

Dubai: The immediate focus of the revised UAE’s Commercial Companies Law will be on new businesses being launched in the country through 100 per cent ownership of local operations. The immediate - and biggest – gains should be for tech and digital-focussed businesses that want to set up in the mainland and not have to go through free zones for full ownership. While June 1 has been set as the date for the revised Law to be fully effective, investors and business owners will need to closely watch for add-on developments. The UAE Cabinet will establish a committee, comprising representatives from each of the Department of Economic Development entities, which will be responsible for determining:

United arab emiratesAbu dhabiAtik munshiScott livermoreScott cairnsParas shahdadpuriKnight frankFaisal durraniAbdulla alawadi associatesDepartment of economic developmentAbou zeyd at abdulla alawadi associatesNikai groupCompanies lawIndian business councilStock businessImage credit