100% Foriegn Ownership of Companies & 10 years VISA UAE

 

A very good news for the Foreign Investors and Professionals.

Now in UAE, a Cabinet Decision has been passed & twitted by His Highness Sheikh Mohammed bin Rashid al Maktoum.

on Sunday, 20th May 2018, UAE Cabinet meeting was held, followed by a Good Decision. They allow 100% Foreign Ownership of Comapanies in UAE with 10 years Residence Visa.

This Initiative is targetted for the Investors, Degree Professionals, Scientists, Doctors, Engineers, Enterpreneurs, and Innovators.

Implication:

The great decision will be brought into enforcement by 3rd Quarter 2018.

 

His Highness Sheikh Mohammed bin Rashid al Maktoum twitted on 20th May after the decision in the favour of Foriegn investors.

“Our open society, tolerant values, excellent infrastructure, and Flexible Legislation offer the best envoirenment for international investment and exceptional talent.”