Dubai, UAE Opens its Doors to Foreign Investors With 100% Ownership of their Companies in Dubai Mainland.

In a move to solidify Dubai's position as a regional business hub, foreign investors, entrepreneurs, and businesses can now have 100% foreign ownership [https://cbs-uae.ae/starting-a-business-in-dubai/] of their onshore Limited Liability Companies (LLCs) in Dubai for specific sectors.
Previously, foreign ownership of companies on the Dubai mainland was capped at 49%, requiring a local sponsor (An Emirati National) to hold the remaining majority stake. https://cbs-uae.ae/local-sponsor-in-dubai/
With Dubai, UAE being a crossroads across three continents ( Europe, Asia, and Africa), this exciting development has opened a world of opportunity for international businesses seeking to tap into the dynamic economy and strategic location. The emirate also boasts an innovative, world-class infrastructure, a tax-friendly business environment, and a streamlined business setup process [https://cbs-uae.ae/trade-license-in-dubai/], making it an ideal launchpad for regional and global expansion.
"The UAE's commitment to foreign investment is undeniable," says Mr Ayman Al Awadhi, CEO of The Corporate Group (TCG), a leading Emirati-owned business consultancy firm in Dubai. Corporate Business Services (CBS), a business setup consultancy subsidiary of TCG has been at the forefront of guiding foreign investors through the UAE's business landscape, and this new regulation streamlines the process even further, making Dubai an even more attractive business destination. https://cbs-uae.ae/the-ultimate-guide-to-obtaining-a-business-license-in-dubai/

Contact Details:
Address: Office #1601, 48 Burj Gate Tower, Downtown Dubai - UAE
Email: ask@cbs-uae.ae
Phone: +971 4 404 8787
Website: https://cbs-uae.ae/

About Corporate Business Services (CBS)
CBS is a Dubai-based, Emirati-owned business setup consultancy firm dedicated to helping foreign investors establish and operate their businesses in Dubai and the wider UAE region. With a team of experienced professionals and a proven track record, Corporate Business Services is dedicated to providing a seamless, transparent, and efficient business setup experience, ensuring clients can focus on their core business activities.
CBS Core Services:
Company Formation: Assisting with selecting the most suitable business structure (mainland, freezone, or virtual company) and navigating the incorporation process.
Regulatory Compliance: Ensuring adherence to all licensing and regulatory requirements specific to the chosen industry.
Business Bank Account Setup: Facilitating the opening of corporate bank accounts with reputable UAE banks.
Visa Assistance: Streamlining the application process for investor visas and work permits for employees.

This release was published on openPR.