Amber Packaging becomes first LLC in Ras Al Khaimah to be 100% owned by non-UAE national gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.
UAE to Allow 100% Foreign Ownership of Onshore Companies from June cairoscene.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cairoscene.com Daily Mail and Mail on Sunday newspapers.
Abu Dhabi: Abu Dhabi has drawn up a list of 1,105 commercial and industrial activities that will allow 100 per cent ownership by non-UAE nationals. Owners of existing companies do have the right to adjust their status, provided they comply with the regulations on activities or other applicable restrictions .
It is not known whether other business activities would be added to this list at a later stage. Other emirates and their Economic Departments will soon come up with their own listings of business activities with 100 per cent foreign ownership provision.
Investors can look up whether their operations fall under the exempt category on the website adbc.gov.ae .
Abu Dhabi opens 1,105 commercial, industrial activities for foreign ownership tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.