Fortunum Investments Ltd.

Introduction

There are many instances in which a Foreign Parent will not be allowed to open a Dubai Branch. This is largely to do with restricted activities. For instance, if you wish to conduct business as a real-estate broker – Dubai Law stipulates that the company should be 100% owned by UAE Citizens. The law also does not allow for foreign companies to set up a branch in Dubai for real-estate brokerages. Besides the real estate license there are many other activities that are only allowed for companies that are 100% owned by UAE Citizens.

The Risk

This places the foreign investor in a very risky position. Indeed many foreign investors set up real estate brokerages by appointing UAE Citizens as 100% owners of their business. The foreign investor takes on the role of running the company – but as an employee. We all know that employees can be fired. If the local sponsor decides to “fire” the foreign investor – the foreign investor has no recourse to law or justice.

The Solution

At Fortunum Investments Ltd. we have perfected a series of contracts whereby the foreign investor’s investment and effort is 100% safeguarded. Please fill in our Obligation Free Questionnaire to inquire if you and your business activity qualify for such protection.