Foreign shareholding into UAE mainland LLCs is limited to 49%, versus 51% for the mandatory UAE shareholder*. Sharia law compliant tailor-made mechanisms can nonetheless mitigate – to the point of elimination – risks associated with having a local partner in the mainland structure and ensure that the foreign investor retains full control over management and profits. Below is a high-level overview of the key mechanisms that – in the firm’s opinion – a comprehensive “mitigation package” should contain.
