X
24Nov

Landmark Reform of UAE Foreign Ownership and Investment Laws - Foreign nationals to be permitted to own 100 percent of commercial companies within the UAE under new Decree

Dechert LLP | | Return|
This briefing supplements our previous Dechert OnPoint briefings “Alert on New UAE FDI Law,” and “UAE FDI Law Positive List Confirmed” which discussed the introduction of the Foreign Direct Investment Law (Federal Decree-Law No. 19 of 2018) (the “FDI Law”) in the UAE in 2018 and the confirmation of the “Positive List” of economic activities in which up to 100 percent foreign investment would be permitted in 2020....
By: Dechert LLP
Source Url: https://www.jdsupra.com/legalnews/landmark-reform-of-uae-foreign-39018/

Related

Avoid the IRS’s Nuclear Option – Sign that Plan Document!

Seyfarth Synopsis: In a recent Chief Counsel Memorandum (“CCM”), the IRS stated that on audit, age...

Read More >

New York Joins Other States in Banning Salary History Questions

As of January 6, 2020, New York employers are prohibited from inquiring about an applicant’s prior ...

Read More >

Board Affirms Reasonable Employer Policies On Confidentiality And Media Contact

Last week, the National Labor Relations Board (“Board”) held that employer policies that prohibit ...

Read More >

IRS Issues Final Regulations for Hardship Distributions

We previously reported on the Bipartisan Budget Act (the “Budget Act”) hardship distribution rule ...

Read More >

Walmart FCPA Settlement Shines Light On Corporate Compliance Programs

June 20, 2019 – Walmart (NYSE: WMT) and its subsidiary, WMT Brasilia, agreed to a combined criminal...

Read More >

IRS Provides Pandemic-Related Relief for Certain Opportunity Zone Deadlines

The IRS issued Notice 2020-39 on June 5, 2020, to provide relief from certain deadlines under Sectio...

Read More >