Can You Own 100% Of A Company In Dubai?

Dubai is a thriving economic hub that attracts entrepreneurs from all over the world due to its favorable business environment, strategic location, and tax benefits. The city offers several options for setting up a company, including sole proprietorship, limited liability company (LLC), and free zone company. One of the common queries that arise among entrepreneurs looking to establish a business in Dubai is whether they can own 100% of the company The short answer is no. According to the UAE Commercial Companies Law, a foreign investor can only own up to 49% of a company operating outside of a free zone in Dubai. The remaining 51% of the shares must be owned by a local sponsor or partner who is a UAE national. The local partner must hold a majority stake in the company, thereby having the ultimate decision-making authority. Read Also This - Can An Indian Set Up A Company In Dubai However, this law doesn't me...