UAE company setup

Uaecompanyset13 Nov, 2021Business

The United Arab Emirates federal constitution, the federal laws linking to free zones as well as the authorities secured by the single Emirates under the federal framework, enable each Emirate to establish ?free zones? for general or for those industry-specific enterprises. The objective of free zones is to encourage foreign direct investment into the United Arab Emirates. Free zone entities are not typically required to have any UAE nationals as owners. This opposes with most firms integrated in the UAE outside of the free zones, wherein UAE nationals are generally required to own a minimum of 51% of the firm?s investment.