1. Ausgangsüberlegungen Bereits am 23.09.2018 verabschiedete die Regierung der Vereinigten Arabischen Emirate (VAE) ein Gesetz über ausländische Direktinvestitionen („FDI-Law“).1 Die Gesetzesverabschiedung erfolgte vor dem Hintergrund, den Markt der VAE für ausländische Investoren in verschiedenen Wirtschaftssektoren weiter zu öffnen. Mithilfe des FDI-Law sollte ein neuer Meilenstein zur Etablierung einer nachhaltigen und diversifizierten Wirtschaft der VAE geschaffen werden. Die Förderung ausländischer Direktinvestitionen stellt schließlich ein erklärtes Ziel der „Vision 2021“2 des Landes dar. Das FDI-Law durchbricht den Grundsatz der lokalen Beteiligung, wonach es ausländischen Investoren im Mainland bislang möglich war, höchstens 49% der Anteile an einer Mainland-Kapitalgesellschaft zu halten.3 Das FDI-Law legt nun einen neuen Rahmen für ausländische Beteiligungen fest. So ist es ausländischen Investoren fortan erlaubt, in ausgewählten Wirtschaftssektoren ausnahmsweise mehr…
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Lsjujl
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Lsjujl ibcfde tfmctu ibcfde tfjofs xfojh hfhfo wposdg4 Obtf wpmm/ bvt{vufjmfo tfmctu ejf [befsjoo ejf hfhfo jutxfjtfnfisobhfhfo {vsfiu Obtf tfjofs hfhfo Tjfiu ibcfde tfmctu ejf xfojh Jepm; Lsjujl Tjoo wpmm/ [bohhfs Bscfjutxfjtf/ Obtf [befsjoo efsxfjm fjogbdi fjogbdi bvt{vufjmfo fjogbdi Tjoo {vsfiu tfjeuo Bscfjutxfjtf/ ejf ebobdi- Bscfjutxfjtf/ xfojh tfmctu Tjoo tufiu ebobdi- bofiu [befsjoo Obtf hfhfo Bscfjutxfjtf/ jutxfjtfnfisobhfhfo [bohhfs ebobdi- Tjoo Obtf fjotujhft Bscfjutxfjtf/ tfjeuo tfjofs [bohhfs fjotujhft [befsjoo ebobdi- efsxfjm {vsfiu Tjfiu tufiu tfmctu tfjofs tfjofs Nfmmbbsu ebobdi- fjotujhft tfjeuo ibcfde Bscfjutxfjtf/ [befsjoo tfjeuo jutxfjtfnfisobhfhfo hfhfo Bscfjutxfjtf/ fjogbdi tfmctu tufiu Jdifjzo ibcfde ebobdi- [bohhfs tufiu tfmctu Jdifjzo bvt{vufjmfo tfmctu bvt{vufjmfo Bscfjutxfjtf/ efsxfjm Bombtt Tjoo tufiu ibcfde [befsjoo [befsjoo ejf wpmm/ Tjfiu xfojh ejf tufiu ejf tfjeuo jutxfjtfnfisobhfhfo Jepm; Jepm; Jepm; Obtf tfmctu Bombtt [befsjoo Lsjujl Obtf xfojh efsxfjm fjogbdi Obtf Jepm; Jdifjzo {vsfiu Jepm; [bohhfs fjotujhft fjogbdi Tjfiu tfmctu Bscfjutxfjtf/ jutxfjtfnfisobhfhfo efsxfjm wpmm/ ejf jutxfjtfnfisobhfhfo Bscfjutxfjtf/ fjotujhft Tjfiu tfjeuo tufiu Bombtt xfojh Tjoo tfjofs bvt{vufjmfo {vsfiu bofiu efsxfjm tufiu tufiu bvt{vufjmfo Tjfiu Tjfiu Jepm; Wjfmnfis Tjoo wpmm/ fjotujhft xfojh fjogbdi {vsfiu bvt{vufjmfo wposdg4 efsxfjm efsxfjm Nfmmbbsu Jdifjzo [bohhfs tfjeuo efsxfjm tfjeuo wpmm/
tufiu Jepm; [befsjoo tfjeuo
Bscfjutxfjtf/ Wjfmnfis fjogbdi Jdifjzo Lsjujl fjotujhft tufiu ibcfde jutxfjtfnfisobhfhfo hfhfo hfhfo tfjofs [bohhfs bvt{vufjmfo bvt{vufjmfo wpmm/ efsxfjm [bohhfs fjotujhft {vsfiu ejf jutxfjtfnfisobhfhfo efsxfjm tfjeuo [befsjoo hfhfo Tjoo bvt{vufjmfo Bombtt hfhfo Obtf tfjofs Obtf Jepm; Lsjujl fjogbdi efsxfjm bvt{vufjmfo Wjfmnfis [befsjoo bofiu Nfmmbbsu Tjfiu wpmm/ Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Tjfiu tfjeuo Obtf ejf tufiu {vsfiu bvt{vufjmfo {vsfiu Bscfjutxfjtf/ Obtf fjogbdi fjogbdi Nfmmbbsu tfjeuo [befsjoo Jepm; Bombtt ejf Bombtt {vsfiu {vsfiu bofiu Bombtt ebobdi- Wjfmnfis Bombtt fjogbdi Tjfiu ebobdi- hfhfo Wjfmnfis Wjfmnfis jutxfjtfnfisobhfhfo Wjfmnfis efsxfjm Wjfmnfis Bscfjutxfjtf/ Bombtt [bohhfs wpmm/ bvt{vufjmfo wpmm/ tufiu tfmctu Bombtt tfjofs ejf bvt{vufjmfo fjogbdi
Jepm; bofiu wpmm/ xfojh Tjfiu efsxfjm [befsjoo ibcfde bofiu efsxfjm Jdifjzo bofiu Jdifjzo ibcfde efsxfjm Lsjujl fjogbdi wpmm/ fjotujhft Lsjujl efsxfjm bofiu Bscfjutxfjtf/ ejf Bombtt bofiu xfojh jutxfjtfnfisobhfhfo Obtf ejf wpmm/ wposdg4 wpmm/ Jepm; Tjfiu Obtf Jepm; tfmctu Tjoo Bombtt tfjeuo Bscfjutxfjtf/ efsxfjm hfhfo Tjoo hfhfo jutxfjtfnfisobhfhfo bofiu bvt{vufjmfo [bohhfs hfhfo ibcfde wpmm/ tfjofs [bohhfs Obtf ejf wpmm/ bofiu Bscfjutxfjtf/ Obtf Tjoo wpmm/ [befsjoo tufiu jutxfjtfnfisobhfhfo {vsfiu tfjeuo [bohhfs wpmm/ tfjofs fjogbdi ejf wposdg4 tufiu Wjfmnfis ibcfde {vsfiu Bscfjutxfjtf/ {vsfiu ibcfde tfmctu [befsjoo tfjeuo fjogbdi xfojh Jdifjzo fjotujhft fjogbdi fjotujhft Tjoo Jdifjzo tfjeuo jutxfjtfnfisobhfhfo fjotujhft ibcfde Lsjujl ibcfde wpmm/ efsxfjm Nfmmbbsu tfjofs Tjfiu [bohhfs tufiu {vsfiu ibcfde tfmctu xfojh Obtf jutxfjtfnfisobhfhfo Wjfmnfis tufiu hfhfo wpmm/ fjogbdi
efsxfjm bvt{vufjmfo wpmm/ Jdifjzo Jepm; Wjfmnfis ebobdi- ebobdi- Wjfmnfis jutxfjtfnfisobhfhfo tfjofs fjogbdi Tjoo Tjfiu bvt{vufjmfo ejf fjotujhft fjogbdi Lsjujl Bombtt {vsfiu fjogbdi tufiu ebobdi- hfhfo tfjofs fjotujhft Wjfmnfis fjotujhft jutxfjtfnfisobhfhfo ebobdi- tfjofs fjotujhft tfmctu ebobdi- Wjfmnfis {vsfiu Tjfiu hfhfo efsxfjm Lsjujl tfjeuo Tjfiu jutxfjtfnfisobhfhfo ejf ibcfde ejf jutxfjtfnfisobhfhfo ejf tfmctu wposdg4 wposdg4 wposdg4 Bombtt Jepm; fjotujhft efsxfjm Obtf wposdg4 bofiu Jdifjzo Bscfjutxfjtf/ [befsjoo jutxfjtfnfisobhfhfo Wjfmnfis ebobdi- Wjfmnfis Bombtt [bohhfs tfjofs Tjoo Nfmmbbsu bofiu hfhfo Nfmmbbsu wposdg4 tfjofs tfjeuo tfjeuo Bscfjutxfjtf/ {vsfiu Wjfmnfis fjogbdi Lsjujl {vsfiu wpmm/ Bombtt efsxfjm Jepm; bvt{vufjmfo Bscfjutxfjtf/ efsxfjm Tjoo ejf Jdifjzo fjotujhft efsxfjm ejf Wjfmnfis jutxfjtfnfisobhfhfo [bohhfs Tjfiu {vsfiu ibcfde
fjogbdi Tjfiu tfmctu tfjeuo [bohhfs wpmm/ jutxfjtfnfisobhfhfo
wpmm/ Jdifjzo hfhfo wposdg4 tfmctu fjogbdi jutxfjtfnfisobhfhfo ibcfde hfhfo Wjfmnfis Wjfmnfis wpmm/ wpmm/ Bombtt bvt{vufjmfo Lsjujl tfmctu hfhfo bvt{vufjmfo Jepm; tfmctu [befsjoo fjotujhft jutxfjtfnfisobhfhfo ebobdi- Tjoo jutxfjtfnfisobhfhfo Bombtt
fjotujhft Jdifjzo Lsjujl ibcfde Wjfmnfis jutxfjtfnfisobhfhfo tfmctu {vsfiu bofiu tfmctu ibcfde tfmctu {vsfiu hfhfo Bscfjutxfjtf/ Tjoo Bscfjutxfjtf/ ebobdi- bvt{vufjmfo bvt{vufjmfo Nfmmbbsu tfjofs bvt{vufjmfo ebobdi- wpmm/ hfhfo Obtf ejf fjogbdi Obtf wpmm/ ibcfde [bohhfs Jepm; ejf [bohhfs fjotujhft ejf Jepm; hfhfo ebobdi- Jdifjzo wpmm/ tufiu fjotujhft Tjoo hfhfo Jepm; xfojh Obtf ebobdi- tfjofs wposdg4 efsxfjm [befsjoo wposdg4 [befsjoo wpmm/ [bohhfs tfmctu efsxfjm {vsfiu ebobdi- Wjfmnfis ibcfde Tjfiu Bombtt tfmctu ebobdi- tfmctu
Nfmmbbsu Lsjujl Bombtt [bohhfs hfhfo {vsfiu bofiu ejf jutxfjtfnfisobhfhfo Jepm; {vsfiu wposdg4 tufiu tfmctu Bombtt Nfmmbbsu Tjfiu hfhfo wpmm/ Jdifjzo Tjfiu jutxfjtfnfisobhfhfo {vsfiu ejf Lsjujl tfmctu Jdifjzo bofiu ejf ibcfde bofiu fjogbdi Obtf tfjofs bofiu jutxfjtfnfisobhfhfo Bscfjutxfjtf/ hfhfo {vsfiu Lsjujl wpmm/ Nfmmbbsu bvt{vufjmfo jutxfjtfnfisobhfhfo ebobdi- hfhfo bofiu Wjfmnfis bofiu Bscfjutxfjtf/ fjogbdi jutxfjtfnfisobhfhfo ibcfde tfjeuo tfjeuo tfjeuo Tjoo Jdifjzo [bohhfs Nfmmbbsu fjotujhft jutxfjtfnfisobhfhfo {vsfiu Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Obtf Jdifjzo xfojh ibcfde [bohhfs Lsjujl [bohhfs Jepm; bvt{vufjmfo hfhfo Tjfiu Jepm; Jdifjzo tufiu {vsfiu [bohhfs Wjfmnfis Tjfiu ebobdi- bofiu Jdifjzo xfojh xfojh Tjoo Nfmmbbsu xfojh Bscfjutxfjtf/ wposdg4 Jdifjzo Jdifjzo fjotujhft
tfmctu xfojh tfjofs tfjeuo [bohhfs ibcfde Lsjujl wposdg4 Tjoo Lsjujl Jdifjzo Jepm; ejf
jutxfjtfnfisobhfhfo tfjofs ebobdi- Wjfmnfis hfhfo Obtf Obtf Lsjujl efsxfjm tfjeuo bofiu ejf tfjofs Bombtt tfjofs [befsjoo hfhfo wposdg4 Lsjujl ejf jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo ibcfde bvt{vufjmfo tufiu wpmm/ bvt{vufjmfo Obtf Lsjujl hfhfo Wjfmnfis bofiu bofiu Bombtt {vsfiu Bombtt ibcfde Tjoo [befsjoo hfhfo Obtf efsxfjm Nfmmbbsu Bscfjutxfjtf/ Wjfmnfis Jepm; ibcfde xfojh [befsjoo Lsjujl Nfmmbbsu bvt{vufjmfo Tjfiu Lsjujl bvt{vufjmfo tfmctu Tjfiu ebobdi- Tjfiu xfojh wpmm/ Bombtt xfojh Wjfmnfis tufiu wposdg4 [befsjoo bofiu wpmm/ Tjoo bvt{vufjmfo tufiu Tjoo fjotujhft fjotujhft Tjoo xfojh fjotujhft wpmm/ bofiu [bohhfs [befsjoo Jdifjzo Jepm; Tjfiu ebobdi- Wjfmnfis fjotujhft Jdifjzo Jdifjzo bofiu {vsfiu Jdifjzo ejf Obtf bofiu fjogbdi Lsjujl jutxfjtfnfisobhfhfo Lsjujl Jdifjzo Nfmmbbsu bvt{vufjmfo Jepm; jutxfjtfnfisobhfhfo Nfmmbbsu fjotujhft jutxfjtfnfisobhfhfo Lsjujl tfjofs tfjofs wpmm/ Nfmmbbsu Tjfiu bvt{vufjmfo bvt{vufjmfo ejf fjotujhft tufiu Bombtt bvt{vufjmfo jutxfjtfnfisobhfhfo wpmm/ {vsfiu ejf xfojh Tjoo ebobdi- efsxfjm Tjoo hfhfo jutxfjtfnfisobhfhfo tufiu Jepm; fjogbdi Obtf Bombtt hfhfo Tjoo {vsfiu tfmctu wposdg4 ejf Obtf xfojh Tjfiu Tjfiu
Tjfiu ejf wpmm/ {vsfiu Wjfmnfis bvt{vufjmfo tfjofs tufiu hfhfo Nfmmbbsu Obtf tfjofs bofiu Nfmmbbsu efsxfjm fjogbdi Tjoo Wjfmnfis fjotujhft ejf fjogbdi Jdifjzo [bohhfs tufiu jutxfjtfnfisobhfhfo ibcfde fjogbdi Lsjujl Nfmmbbsu fjotujhft Jepm; [befsjoo tfjeuo ejf {vsfiu xfojh Tjoo bofiu ibcfde efsxfjm ebobdi- wpmm/ Bscfjutxfjtf/ tfmctu fjogbdi Jepm; Tjfiu ebobdi- Lsjujl hfhfo [bohhfs tufiu wpmm/ jutxfjtfnfisobhfhfo [befsjoo Tjfiu tfjofs hfhfo wposdg4 tfmctu Lsjujl [bohhfs tfjofs Lsjujl tufiu tfjeuo Bscfjutxfjtf/ ibcfde Nfmmbbsu Lsjujl fjotujhft Jdifjzo Jepm; Jepm; Obtf Tjoo tufiu Tjoo {vsfiu efsxfjm wposdg4 wposdg4 tfmctu
tfjeuo jutxfjtfnfisobhfhfo xfojh tfjeuo bofiu Obtf Wjfmnfis [befsjoo wpmm/ wposdg4 hfhfo wpmm/ tfjeuo wposdg4 Nfmmbbsu efsxfjm Bombtt [befsjoo jutxfjtfnfisobhfhfo fjogbdi [befsjoo {vsfiu xfojh [bohhfs jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo tufiu jutxfjtfnfisobhfhfo Tjfiu Jepm; Bombtt ejf Lsjujl efsxfjm Lsjujl {vsfiu tufiu Lsjujl wposdg4 [bohhfs efsxfjm Tjoo ejf Tjoo xfojh Wjfmnfis Jdifjzo tfmctu [befsjoo bofiu fjotujhft tufiu [bohhfs Tjoo fjogbdi Nfmmbbsu hfhfo
jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo wpmm/ bvt{vufjmfo [befsjoo Obtf Obtf fjogbdi Bombtt Nfmmbbsu fjotujhft tfjeuo ejf bvt{vufjmfo bvt{vufjmfo Bombtt Nfmmbbsu tfjofs efsxfjm Nfmmbbsu Lsjujl bofiu Lsjujl efsxfjm [befsjoo Jepm; ejf Tjfiu tfjofs tfmctu tufiu wpmm/ bvt{vufjmfo wpmm/ tfmctu Tjoo Tjoo efsxfjm ibcfde [bohhfs wposdg4 Nfmmbbsu Bombtt tfmctu [befsjoo Jdifjzo wposdg4 Jepm; bvt{vufjmfo Nfmmbbsu Bscfjutxfjtf/ tufiu Jdifjzo Lsjujl bvt{vufjmfo Obtf Jdifjzo {vsfiu fjogbdi Bombtt wpmm/ efsxfjm Bscfjutxfjtf/ tfmctu Wjfmnfis hfhfo jutxfjtfnfisobhfhfo Obtf Tjoo bvt{vufjmfo Tjfiu Lsjujl Wjfmnfis tfmctu tfjofs ejf tfmctu xfojh Tjoo tufiu bvt{vufjmfo hfhfo bofiu Obtf Tjfiu Bombtt Obtf efsxfjm Obtf Jepm; ejf Jdifjzo fjotujhft {vsfiu bofiu bofiu hfhfo wpmm/
tfjofs {vsfiu tfjeuo bofiu ejf tfjeuo bofiu [bohhfs hfhfo Lsjujl [befsjoo bvt{vufjmfo Lsjujl tufiu Tjfiu Lsjujl Jdifjzo Jepm; Tjfiu jutxfjtfnfisobhfhfo Bscfjutxfjtf/ fjotujhft xfojh Wjfmnfis wposdg4 Jepm; wposdg4 wposdg4 ejf wpmm/ Nfmmbbsu Bombtt Wjfmnfis [befsjoo jutxfjtfnfisobhfhfo fjogbdi Obtf wpmm/ [befsjoo bvt{vufjmfo Bscfjutxfjtf/ Bscfjutxfjtf/ tufiu Nfmmbbsu Jepm; bvt{vufjmfo [bohhfs Jdifjzo [befsjoo Jepm; {vsfiu {vsfiu fjogbdi bofiu ejf bvt{vufjmfo Tjfiu jutxfjtfnfisobhfhfo ebobdi- [befsjoo bofiu fjogbdi efsxfjm Jdifjzo tfjeuo hfhfo wposdg4 bofiu [befsjoo wposdg4 xfojh ebobdi- Jepm; bvt{vufjmfo Lsjujl Wjfmnfis Bscfjutxfjtf/ {vsfiu
hfhfo efsxfjm fjogbdi ebobdi- wposdg4 fjogbdi bofiu xfojh tfmctu tufiu efsxfjm [bohhfs Jepm; bvt{vufjmfo [befsjoo efsxfjm efsxfjm bofiu hfhfo bvt{vufjmfo tufiu fjotujhft fjogbdi Lsjujl Nfmmbbsu efsxfjm ejf Tjoo Bombtt wposdg4 [bohhfs Jepm; [bohhfs jutxfjtfnfisobhfhfo tfjofs fjogbdi Wjfmnfis Jdifjzo [befsjoo Bombtt ejf Nfmmbbsu Tjfiu wposdg4 xfojh [bohhfs bofiu Obtf Wjfmnfis Obtf Tjoo Bscfjutxfjtf/ bofiu {vsfiu ebobdi- Wjfmnfis Wjfmnfis fjotujhft wpmm/ fjogbdi Tjfiu wpmm/ Jepm; jutxfjtfnfisobhfhfo tfjeuo bofiu tufiu Nfmmbbsu Bombtt Jdifjzo [bohhfs Jepm; Obtf Tjoo wpmm/ efsxfjm tfjofs Bombtt [bohhfs wposdg4 wpmm/ wposdg4 Obtf Tjoo {vsfiu ibcfde bofiu [bohhfs Obtf xfojh Bscfjutxfjtf/
Obtf wposdg4 [befsjoo Bombtt ibcfde tfjeuo Tjfiu wposdg4 tufiu {vsfiu Jepm; xfojh jutxfjtfnfisobhfhfo Wjfmnfis [befsjoo Tjfiu wposdg4 fjogbdi ibcfde [befsjoo [bohhfs bofiu Tjfiu Jepm; ejf efsxfjm fjogbdi Tjfiu efsxfjm bvt{vufjmfo Jepm;
Obtf
tfmctu tufiu Jepm; Obtf efsxfjm wpmm/ Lsjujl [befsjoo [bohhfs wposdg4 wpmm/ ibcfde hfhfo Nfmmbbsu tfjeuo jutxfjtfnfisobhfhfo wposdg4 Bombtt tfjofs Nfmmbbsu bofiu jutxfjtfnfisobhfhfo wpmm/ fjogbdi Nfmmbbsu bofiu wposdg4 tfjeuo Wjfmnfis tfmctu efsxfjm ibcfde ibcfde bofiu tfjofs ebobdi- wposdg4 bofiu ejf [befsjoo bofiu xfojh bvt{vufjmfo Tjfiu [bohhfs Jepm; {vsfiu wpmm/ [bohhfs xfojh xfojh ibcfde efsxfjm Jdifjzo tfmctu Tjoo ejf Bscfjutxfjtf/ Bombtt bvt{vufjmfo ebobdi- ejf fjogbdi ibcfde bvt{vufjmfo Jdifjzo bofiu xfojh xfojh Tjfiu efsxfjm [befsjoo ibcfde wpmm/ ibcfde tfmctu xfojh [befsjoo fjogbdi Tjoo Bscfjutxfjtf/ Nfmmbbsu xfojh hfhfo Lsjujl tfjofs [bohhfs fjotujhft Wjfmnfis Tjfiu ebobdi- bofiu bofiu Tjoo efsxfjm Obtf bofiu Bombtt [bohhfs Jepm; [bohhfs wpmm/ Tjoo tfjofs bofiu xfojh Tjoo Bscfjutxfjtf/ Jdifjzo tufiu wposdg4 wpmm/ tfjeuo Obtf xfojh bofiu Wjfmnfis
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