The UAE government announced an amendment to the Commercial Companies Law fronting the country’s competitive edge in ease of doing business.
The Minister of Economy eyeing that this new development will foster an attractive opportunity for foreign investors, entrepreneurs, and talents.
Starting June 1, foreign investors and businessmen will be allowed to establish and fully own onshore companies without sponsor requirements from UAE National.
Further details of the list of commercial activities that will benefit from this development will roll out soon. Stay tuned for our next update and learn how you can advance from this opportunity.
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