24 May 2018

UAE announces significant changes to foreign ownership and visa rules

The United Arab Emirates (UAE) Cabinet of Ministers approved a decision on May 20, to allow foreign investors to hold 100% ownership of UAE companies. They also announced significant changes to the UAE visa system as they pertain to specific categories of expatriates.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Document ID: 2018-1106