Q: Can an FZE lend money to another onshore company or invest its own funds in another company without a license from the Central Bank? A: It depends on the license and activities of the company. Sometimes, it is not necessary, unless such compliances arise…

All cities, UAE

231

Does an FZE need the Central Bank approval to invest money in another onshore company?

Dear Sir,

Can an FZE lend money to another onshore company or invest its own funds in another company without a license from the Central Bank?

MIO Law Firm (Abu Baker Salem Advocates & Legal Consultants)

Hire

Meet

8 Sep 2021, 06:01

It depends on the license and activities of the company. Sometimes, it is not necessary, unless such compliances arise.

Please call or e-mail us.

Disclaimer- The above-referred view is not a legal opinion, these opinions cannot be challenged or presented before any court of Law.

Was this content helpful?

Fixed-fee services

Get quotes from lawyers

Find the right lawyer for your legal needs. Submit your request and get multiple competitive offers from qualified lawyers.

Looking for something else?

Ask for advice from a lawyer

It’s free and anonymous

No registration needed