UAE to allow creation of acquisition companies

Mark Battersby
clock • 13 min read

The United Arab Emirates will allow the creation of companies for acquisition or merger purposes, the Economy Ministry said on twitter and in the official news agency.  The move is part of a series of amendments to commercial companies law aimed at facilitating business and attracting investment into the Gulf state. Other changes include allowing branches of licensed foreign companies to transform into UAE commercial firms, as well as eliminating nationality requirements for members of companies' boards of directors, the ministry said. Previously, the chairman and the majority of t...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?