ANNOUNCEMENT 11 Feb 2013

In February 2013, the government of the United Arab Emirates announced changed rules for foreign investors.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising
Inception date: 11 Feb 2013 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

Several international and local news agencies reported that, on 11 February 2013, the United Arab Emirateshas created a financial free zone, the so-called 'Abu Dhabi World Financial market', to attract foreign firms from the financial sector. In the free zone, foreign companies can operate under 'lighter' regulations allowing for full ownership as well as tax and capital repatriation.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A