Setting up a wholly owned subsidiary company in dubai

Nidhi Sharma (working) (21 Points)

29 November 2016  
An IT company wants to start a wholly owned foreign subsidiary in UAE through the automatic route. I want to know 1. what are the applicable laws and the provisions for this? 2. what approvals the company needs to take and the concerned authority? 3. what is the procedure to get the approvals and the required documents to be submitted for the same?