UK exporters need to have a local partner for companies established outside of Freezones in UAE
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.
Sectors affected
- All sectors
Resolved
No
Date reported
19 April 2020
Last updated
25 November 2021
Public ID
PID-BQ6YVB
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