The United Arab Emirates, or simply the Emirates, is a country in Western Asia. It is located at the eastern end of the Arabian Peninsula, and shares borders with Oman and Saudi Arabia, while having maritime borders in the Persian Gulf with Qatar and Iran.
Foreign investment denotes that foreigners have an active role in management as a part of their investment or an equity stake large enough to enable the foreign investor to influence business strategy. A modern trend leans toward globalisation, where multinational firms have investments in a variety of countries.
Following from our recent newsflash regarding foreign ownership of businesses in the UAE, Sheikh Mohammed bin Rashid Al Maktoum, UAE Prime Minister and Ruler of Dubai, has now made a statement approving the sectors and economic activities which are eligible for up to 100% foreign ownership. These include 122 economic activities covering industrial, agricultural, and services sectors.
This foreign ownership law is part of a multifaceted strategy by the UAE to increase foreign investment in the region.
With BSA, you can trust you will receive the best legal service, with advice delivered clearly and in a straightforward manner, and an authentic partner who will take the utmost care and responsibility of your portfolio.
BSA is a law firm founded in Dubai with the mission of delivering top-tier legal services based on our comprehensive knowledge of local, national, and international law.
Since our inception in 2001, we have rapidly expanded to a leading full-service law firm, with offices throughout the Middle East and France.
Our lawyers are internationally educated, bi-lingual in languages such as English, Arabic, and French, and dual-qualified in both regional and international jurisdictions, having rights of audience in every country within which we operate.
BSA is a law firm that truly reflects the energy and ambition of the Middle East.