{"id":1229,"date":"2021-05-22T13:24:34","date_gmt":"2021-05-22T07:54:34","guid":{"rendered":"https:\/\/www.shuraa.in\/?p=1229"},"modified":"2021-05-22T13:24:34","modified_gmt":"2021-05-22T07:54:34","slug":"100-foreign-ownership-uae","status":"publish","type":"post","link":"https:\/\/serverx10.shuraatech.com\/shuraa_india\/100-foreign-ownership-uae\/","title":{"rendered":"100% Foreign Ownership in Dubai, UAE"},"content":{"rendered":"<p style=\"text-align: justify;\"><span data-contrast=\"auto\">As of June 1, 2021, the United Arab Emirates\u00a0(UAE) has implemented amendments to the Commercial Companies Law (CCL), allowing for 100% foreign ownership in Dubai. This is a significant change that opens up new opportunities for businesses and investors from around the world.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">While this recent amendment has marked a significant milestone in the country&#8217;s ambitious vision to establish itself as the world&#8217;s leading business hub, it is essential to understand the implications of this decision and analyze the potential impact it may have on Dubai&#8217;s economy and global business landscape.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<h2><b><span data-contrast=\"auto\">Previous Ownership Restrictions in Dubai<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h2>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">To fully appreciate the significance of the recent policy change, it&#8217;s crucial to understand the historical context of foreign ownership regulations in the UAE.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">Until June 1, 2021, the country had enforced strict ownership restrictions, often requiring foreign investors to have a local Emirati partner or sponsor to hold a majority stake in businesses operating in Dubai. <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">These are some of the challenges faced by foreign investors &#8211;<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li style=\"text-align: justify;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Prior to the 2020 amendments, foreign investors were required to have a UAE national as a majority shareholder (51%) in their companies.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Foreign investors had limited control over their businesses and were subject to certain restrictions, such as the need to obtain government approval for certain activities.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">These regulations aimed to protect the interests of Emirati nationals and foster local economic growth.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">While some sectors allowed limited foreign ownership, many vital industries, such as banking, telecommunications, and energy, required majority Emirati ownership. This created barriers for international companies and investors, as they were often compelled to enter joint ventures or partnerships.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<h2><b><span data-contrast=\"auto\">The UAE Now Allows 100% Foreign Ownership in Dubai<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h2>\n<ul>\n<li style=\"text-align: justify;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">The UAE government amended the Commercial Companies Law (CCL) in 2020, allowing foreign investors to own 100% of their companies in Dubai.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">This applies to a wide range of business sectors, including trading, manufacturing, information and communication technology, professional services, and tourism and hospitality.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-contrast=\"auto\">The new rules give foreign investors more control over their businesses and allow them to access a wider market.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<h2><b><span data-contrast=\"auto\">The Reason Behind the Policy Change<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h2>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">The UAE government has made a number of changes to its foreign ownership laws in recent years, with the aim of making the country more attractive to foreign investors.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">There are a number of reasons why the UAE government made these policy changes. <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li style=\"text-align: justify;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"6\" data-aria-level=\"1\"><span data-contrast=\"auto\">To attract more foreign investment into the country. The UAE is already a major business hub in the Middle East, but the government believes that 100% foreign ownership will make it even more attractive to foreign investors.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"7\" data-aria-level=\"1\"><span data-contrast=\"auto\">To help boost UAE&#8217;s economy in several ways using FDI. For example, it can create jobs, boost economic growth, and attract new technologies to the country.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"8\" data-aria-level=\"1\"><span data-contrast=\"auto\">By allowing foreign investors to own 100% of their companies, the <a href=\"https:\/\/en.wikipedia.org\/wiki\/United_Arab_Emirates\" target=\"_blank\" rel=\"noopener\">UAE<\/a> is leveling the playing field and making it easier for foreign companies to compete with local businesses.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"9\" data-aria-level=\"1\"><span data-contrast=\"auto\">To attract top talent from around the world to help boost the country&#8217;s economy and its reputation as a global business hub.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<blockquote><p><span data-sheets-root=\"1\"><a href=\"https:\/\/serverx10.shuraatech.com\/shuraa_india\/contact-us\/\">Check if your business qualifies<\/a> for 100% ownership in UAE \u2014 free<\/span><\/p><\/blockquote>\n<h2><b><span data-contrast=\"auto\">Sectors that Allow for 100% Foreign Ownership in Dubai<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h2>\n<ol>\n<li><b><span data-contrast=\"auto\">Trading <\/span><\/b><span data-contrast=\"auto\">&#8211; This includes the import and export of goods and services.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">Manufacturing <\/span><\/b><span data-contrast=\"auto\">&#8211; This includes the production of goods and products.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">Information and communication technology<\/span><\/b><span data-contrast=\"auto\"> &#8211; This includes the provision of IT services, software development, and e-commerce.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">Professional services<\/span><\/b><span data-contrast=\"auto\"> &#8211; This includes accounting, legal, and consulting services.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">Tourism and hospitality<\/span><\/b><span data-contrast=\"auto\"> &#8211; This includes hotels, restaurants, and tour operators.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">Sectors that Do Not Allow for 100% Foreign Ownership in Dubai<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">Banking and finance<\/span><\/b><span data-contrast=\"auto\"> &#8211; This includes the provision of banking, insurance, and investment services.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">Defense <\/span><\/b><span data-contrast=\"auto\">&#8211; This includes the provision of defense-related products and services.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">Civil aviation<\/span><\/b><span data-contrast=\"auto\"> &#8211; This includes the provision of air transport services.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ol>\n<h2><b><span data-contrast=\"auto\">Key Benefits for Foreign Investors<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h2>\n<ul>\n<li style=\"text-align: justify;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"10\" data-aria-level=\"1\"><span data-contrast=\"auto\">Foreign investors now have complete ownership of their businesses, allowing them to make critical decisions independently without requiring local partners or sponsors.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"11\" data-aria-level=\"1\"><span data-contrast=\"auto\">Access to Dubai&#8217;s diversified market opens up numerous opportunities for foreign investors to tap into a growing consumer base and expand their businesses.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"12\" data-aria-level=\"1\"><span data-contrast=\"auto\">Dubai&#8217;s ecosystem attracts foreign investors with cutting-edge technologies and innovative business models.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"13\" data-aria-level=\"1\"><span data-contrast=\"auto\">The UAE&#8217;s world-class infrastructure and strategic location serve as a gateway to emerging markets in the <strong><a href=\"https:\/\/serverx10.shuraatech.com\/shuraa_india\/business-opportunities-middle-east-countries\/\">Middle East<\/a><\/strong>, Asia, and Africa.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"14\" data-aria-level=\"1\"><span data-contrast=\"auto\">Foreign investors can now own real estate properties in designated areas, enabling them to establish a strong physical presence in the region.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<h2><b><span data-contrast=\"auto\">Steps for Establishing 100% Foreign-Owned Businesses<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h2>\n<p><b><span data-contrast=\"auto\">1. Choose a business activity<\/span><\/b><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">The first step is to choose a business activity that is eligible for 100% foreign ownership. The UAE government has a list of approved business activities, and you can find it on the website of the Department of Economic Development (<strong><a href=\"https:\/\/serverx10.shuraatech.com\/shuraa_india\/ded-license-dubai\/\">DED<\/a><\/strong>).<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<h3><b><span data-contrast=\"auto\">2. Choose a legal structure<\/span><\/b><\/h3>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">There are two main legal structures for businesses in Dubai <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"5\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"15\" data-aria-level=\"1\"><span data-contrast=\"auto\"><a href=\"https:\/\/serverx10.shuraatech.com\/shuraa_india\/limited-liability-company-formation-dubai\/\"><strong>Limited liability companies<\/strong><\/a> (LLCs) \u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"5\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"16\" data-aria-level=\"1\"><strong><a href=\"https:\/\/serverx10.shuraatech.com\/shuraa_india\/how-to-start-business-dubai-free-zone\/\">Free zone companies<\/a><\/strong><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">LLCs are the most common type of business structure, and they offer a number of benefits, such as limited liability and tax breaks. Free zone companies are located in special economic zones, and they offer a number of benefits, such as 100% foreign ownership.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<h3><b><span data-contrast=\"auto\">3. Obtain a trade license<\/span><\/b><\/h3>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">Once you have chosen a legal structure, you will need to obtain a <strong><a href=\"https:\/\/serverx10.shuraatech.com\/shuraa_india\/business-trade-license-dubai-uae\/\">trade license<\/a><\/strong> from the DED. The DED will require you to submit a number of documents.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<h3><b><span data-contrast=\"auto\">4. Open a bank account<\/span><\/b><\/h3>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">You will need to <strong><a href=\"https:\/\/serverx10.shuraatech.com\/shuraa_india\/how-to-open-bank-account-uae\/\">open a bank account in Dubai<\/a><\/strong> in order to conduct business. There are a number of banks in Dubai that offer accounts for foreign-owned businesses.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<h3><b><span data-contrast=\"auto\">5. Obtain a visa<\/span><\/b><\/h3>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">If you are not a UAE national, you will need to obtain a visa in order to live and work in Dubai. There are a number of different types of visas available, and you will need to apply for the one that is most appropriate for your situation.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<h3><b><span data-contrast=\"auto\">6. Set up your business<\/span><\/b><\/h3>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">Once you have obtained all of the necessary licenses and visas, you can set up your business. This includes finding a location, hiring employees, and launching your business.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<blockquote><p><span data-sheets-root=\"1\">Get 100% UAE company ownership as an Indian entrepreneur \u2014 <a href=\"https:\/\/serverx10.shuraatech.com\/shuraa_india\/contact-us\/\">our advisors have helped<\/a> 1,00,000+ businesses structure correctly.<\/span><\/p><\/blockquote>\n<h2><b><span data-contrast=\"auto\">Start Your Business in Dubai with Shuraa India<\/span><\/b><\/h2>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">The UAE&#8217;s progressive decision to allow 100% foreign ownership in Dubai has opened up many opportunities for international investors looking to establish their businesses in this vibrant and globally connected city.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">If you&#8217;re eager to seize this chance to establish your business in Dubai, look no further than <strong><a href=\"https:\/\/serverx10.shuraatech.com\/shuraa_india\/\">Shuraa India<\/a><\/strong>. With over two decades of experience and a track record of registering over <strong>10<\/strong><\/span><b><span data-contrast=\"auto\"><strong>0,000<\/strong> companies in the UAE<\/span><\/b><span data-contrast=\"auto\">, Shuraa is the trusted partner you need for a seamless and successful business setup journey.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">As an authorized agent for <a href=\"https:\/\/serverx10.shuraatech.com\/shuraa_india\/register-company-dubai\/\"><strong>company formation in Dubai<\/strong><\/a>, Shuraa India offers expertise, comprehensive support, and personalized guidance throughout the entire process.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span data-contrast=\"auto\">Your future success awaits in this thriving metropolis of endless possibilities.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As of June 1, 2021, the United Arab Emirates\u00a0(UAE) has implemented amendments to the Commercial Companies Law (CCL), allowing for 100% foreign ownership in Dubai. This is a significant change that opens up new opportunities for businesses and investors from around the world.\u00a0 While this recent amendment has marked a significant milestone in the country&#8217;s [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":5525,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6],"tags":[14,15,16],"ppma_author":[],"class_list":["post-1229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-dubai","tag-100-ownership-in-dubai-mainland","tag-100-foreign-ownership","tag-100-ownership-in-the-uae"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>100% Foreign Ownership in Dubai, UAE for LLC companies | Shuraa India<\/title>\n<meta name=\"description\" content=\"Invest freely with 100% foreign ownership in Dubai. Know the benefits, processes, and more to simplify your Dubai business journey.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"100% Foreign Ownership in Dubai, UAE for LLC companies | Shuraa India\" \/>\n<meta property=\"og:description\" content=\"Invest freely with 100% foreign ownership in Dubai. Know the benefits, processes, and more to simplify your Dubai business journey.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/serverx10.shuraatech.com\/shuraa_india\/100-foreign-ownership-uae\/\" \/>\n<meta property=\"og:site_name\" content=\"Shuraa India\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-22T07:54:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/serverx10.shuraatech.com\/shuraa_india\/wp-content\/uploads\/2021\/05\/100-foreign-ownership-dubai.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kajol\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kajol\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/serverx10.shuraatech.com\\\/shuraa_india\\\/100-foreign-ownership-uae\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/serverx10.shuraatech.com\\\/shuraa_india\\\/100-foreign-ownership-uae\\\/\"},\"author\":{\"name\":\"Kajol\",\"@id\":\"https:\\\/\\\/serverx10.shuraatech.com\\\/shuraa_india\\\/#\\\/schema\\\/person\\\/3565b4e9d305d4c7d1ea324c6b09c2ef\"},\"headline\":\"100% Foreign Ownership in Dubai, UAE\",\"datePublished\":\"2021-05-22T07:54:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/serverx10.shuraatech.com\\\/shuraa_india\\\/100-foreign-ownership-uae\\\/\"},\"wordCount\":1132,\"image\":{\"@id\":\"https:\\\/\\\/serverx10.shuraatech.com\\\/shuraa_india\\\/100-foreign-ownership-uae\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/serverx10.shuraatech.com\\\/shuraa_india\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/100-foreign-ownership-dubai.jpg\",\"keywords\":[\"100 ownership in Dubai mainland\",\"100% foreign ownership\",\"100% ownership in the UAE\"],\"articleSection\":[\"Business Dubai\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/serverx10.shuraatech.com\\\/shuraa_india\\\/100-foreign-ownership-uae\\\/\",\"url\":\"https:\\\/\\\/serverx10.shuraatech.com\\\/shuraa_india\\\/100-foreign-ownership-uae\\\/\",\"name\":\"100% Foreign Ownership in Dubai, UAE for LLC companies | Shuraa India\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/serverx10.shuraatech.com\\\/shuraa_india\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/serverx10.shuraatech.com\\\/shuraa_india\\\/100-foreign-ownership-uae\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/serverx10.shuraatech.com\\\/shuraa_india\\\/100-foreign-ownership-uae\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/serverx10.shuraatech.com\\\/shuraa_india\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/100-foreign-ownership-dubai.jpg\",\"datePublished\":\"2021-05-22T07:54:34+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/serverx10.shuraatech.com\\\/shuraa_india\\\/#\\\/schema\\\/person\\\/3565b4e9d305d4c7d1ea324c6b09c2ef\"},\"description\":\"Invest freely with 100% foreign ownership in Dubai. 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