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Can foreigners have complete foreign ownership in any business setup in Dubai?
Can foreigners have complete foreign ownership in any business setup in Dubai?
Virtuzone, Largest Corporate Service Provider in UAE
Answered on October 24,2023
Answered on October 24,2023
Yes, foreigners can have 100% ownership in certain business setups in Dubai. For instance, in several free zones, foreign investors can have full ownership of their business. Furthermore, recent changes in the UAE’s Commercial Companies Law have made it possible for foreign investors to have 100% ownership of their businesses in many sectors, even outside free zones. However, be aware that certain strategic sectors like banking and telecommunications have some restrictions.
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