Managing Partner Meir Linzen Discusses the New UAE Law that Allows foreign ownership of businesses
26 November 2020
A new UAE law that passed last week allows foreigners to start up businesses in the UAE without local partners. Herzog’s managing partner Meir Linzen talked to Ron Friedman at the first Israel-Dubai conference about how the new law impacts those seeking opportunities in the UAE.
“Today, if someone wants to do business in the UAE, they have to find a majority partner that will have 51%,” explained Meir Linzen when speaking to CTech’s Ron Friedman. “Now, the government has proposed that foreign investors, not just Israelis, will be able to trade here.”
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