Foreign shareholders remain being forced to have minority shareholding in LLCs

The new Commercial Companies Law (Federal Law No. 2 of 2015) has not changed the legal requirement that at least 51% of shares of a limited liability company (LLC) formed outside a UAE free zone have to be held by either UAE nationals or companies wholly owned by local citizens.

Do you have any questions?

Should you have further queries, we are glad to assist you anytime, whether in a personal meeting, over the phone on +971 4 327 5888 or by eMail at info(at)anders.ae.