What does the 100 percent foreign ownership law mean for startup ecosystem of UAE

  • Date: 31-May-2021
  • Source: MENAbytes
  • Sector:Economy
  • Country:UAE
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What does the 100 percent foreign ownership law mean for startup ecosystem of UAE

The UAE government has recently confirmed that long-awaited changes removing the requirements for certain onshore companies to have a local UAE partner would be implemented 1 June 2021. The impact of this is potentially far reaching in terms of increasing the UAE's attractiveness for foreign direct investment but how significant is this for startups looking [“¦]

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