An Insight Into the New Law on Ownership for Foreign Investors

 

Dubai, September 13th, 2019

The Spanish Business Council in collaboration with BSA Ahmad Bin Hezeem & Associates LLP organized last Wednesday a breakfast seminar, with a overview of the New Law on Ownership for foreign investors.

Eduardo Delage conducted the session covering the changes that are getting implemented between the previous and the new law, strategic sectors that are eligible for up 100% foreign ownership with the purpose to attract new investment and expand economic sectors in the region. The new Decree permits certain investors up to 100% foreign ownership in a range of sectors, mostly in areas linked to technology as virtual companies, with an easy process of registration. Was also discussed the key sectors that are excluded from the new Decree.

The great breakfast seminar ended with a Q&A where the participants had the opportunity to share their perspectives about the presentation and discuss the implementation of this new law.

BSA Ahmad Bin Hezeem & Associates LLP with 19 years of success and 9 offices in 6 countries, is a growing law firm in the Middle East. A full service law firm, that have a comprehensive knowledge of local laws and customs. Also have access to the best legal solutions which are commercially sound and cost-effective.

 

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Emirates Towers- Level 26 - PO Box 504929 Landmark : Close to Emirates Towers metro station in Sheikh Zayed road +971 04-3300110 Ext: 54