The UAE has allowed foreign investors to trade without a guarantor.
According to Arab media, the UAE has abolished the sponsorship system for foreign investors. Foreign investors will be able to set up their own company or office in the UAE with 100% ownership. The President of the United Arab Emirates has issued a royal decree in this regard.
According to the royal decree, foreign investors and industrialists will be able to set up their own company or office in the UAE without any nationality restrictions. Any business can open a branch in the UAE if it wants.