Information

This barrier is unrelated to the end of the transition period, following the United Kingdom's departure from the EU.

Public ID: PID-BQ6YVB

UK exporters need to have a local partner for companies established outside of Freezones in UAE

in United Arab Emirates

Trade barrier summary

A company trading outside of UAE Freezones is required to have a 49% expatriate and 51% resident shareholder split. A presidential decree was passed in November 2020, which allows companies in some sectors to operate whilst being 100% foreign owned. This has yet to come to fruition and the liberalisation excludes sectors such as oil and gas.

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Sectors affected

• All sectors

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Resolved

No

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Date reported

19 April 2020

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Last updated

25 November 2021

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Public ID

PID-BQ6YVB

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