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09/03/06 9:52 AM

#62609 RE: fringe_remnant #62607

wrong!do some research, stop spreading bs
Under the companies law, at least 51 percent ownership by UAE nationals is required for all UAE establishments, except where the law requires 100 per cent local ownership as in the case of, for example, commercial agencies. The companies law is not applicable to Free Zone Entities or branches established in the free zones generally. As mentioned, it is not applicable to professional companies, which, in due course, will need to be 25 per cent owned by UAE nationals.
http://www.dubaicityguide.com/business/index.asp