{"id":35872,"date":"2021-07-26T18:34:28","date_gmt":"2021-07-26T14:34:28","guid":{"rendered":"https:\/\/www.propertyfinder.ae\/blog\/?p=35872"},"modified":"2022-08-31T14:06:56","modified_gmt":"2022-08-31T10:06:56","slug":"foreign-ownership-in-uae","status":"publish","type":"post","link":"https:\/\/www.propertyfinder.ae\/blog\/foreign-ownership-in-uae\/","title":{"rendered":"Everything About the Foreign Ownership in UAE"},"content":{"rendered":"<p>If you&rsquo;re an investor, a company owner, or even planning to open a business, we have good news for you. Lately, the laws in the UAE have been amended allowing foreigners to fully own their companies and businesses.&nbsp;<\/p><p>As this is an important topic and you might have some question marks about it, we will make it more clear through this article; just scroll down.&nbsp;<\/p><figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"730\" height=\"487\" src=\"https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2021\/07\/united-arab-emirates-abu-dhabi-to-dubai-best-ways-to-get-there-by-car.jpeg\" alt=\"uae allows 100 ownership\" class=\"wp-image-35883\" srcset=\"https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2021\/07\/united-arab-emirates-abu-dhabi-to-dubai-best-ways-to-get-there-by-car.jpeg 730w, https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2021\/07\/united-arab-emirates-abu-dhabi-to-dubai-best-ways-to-get-there-by-car-400x267.jpeg 400w\" sizes=\"(max-width: 730px) 100vw, 730px\" \/><\/figure><h2 class=\"wp-block-heading\">1. <strong>What Is the Foreign Ownership Law in the UAE?&nbsp;<\/strong><\/h2><p>The foreign ownership law is a new one issued lately in the UAE allowing 100% or&nbsp; ownership of businesses or companies by foreign nationals.&nbsp;<\/p><p>Before this law, there were some restrictions by the UAE regarding the foreign ownership.&nbsp;<\/p><p>For example, any expat or non-national investor in order to establish a business on the mainland in the UAE had to find a national partner. As the partner should own 51% of the company shares and the foreign investor or expat would own only 49%.&nbsp;&nbsp;<\/p><p>That&rsquo;s why such a law makes you a step closer to opening your own business if you had any concerns before. <\/p><h2 class=\"wp-block-heading\">2. <strong>Who Will Take Advantage of this Law?<\/strong><\/h2><p>The ones who will take advantage of 100 ownership in UAE are foreign investors, entrepreneurs, and businessmen. Besides, if you&rsquo;re newly thinking about starting your own work, now you can without searching for national partners.&nbsp;<\/p><p>You can check the various <a href=\"https:\/\/www.propertyfinder.ae\/en\/commercial-buy\/properties-for-sale.html\" target=\"_blank\" aria-label=\" (opens in a new tab)\">offices for sale in the UAE<\/a> on Property Finder; If you don&rsquo;t want to buy, no problem there is also <a href=\"https:\/\/www.propertyfinder.ae\/en\/commercial-rent\/offices-for-rent.html\" target=\"_blank\" aria-label=\" (opens in a new tab)\">ones for rent<\/a> on the website&nbsp;<\/p><figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"800\" height=\"334\" src=\"https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2021\/07\/1_8-800x334.jpeg\" alt=\"uae 100 foreign ownership positive list\n\" class=\"wp-image-35888\" srcset=\"https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2021\/07\/1_8-800x334.jpeg 800w, https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2021\/07\/1_8-400x167.jpeg 400w, https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2021\/07\/1_8.jpeg 1400w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure><h2 class=\"wp-block-heading\">3. <strong>What Is the Significance of the Foregin Ownership in UAE?<\/strong><\/h2><p>There&rsquo;s a huge significance for the foreign ownership in the UAE. As an expat:&nbsp;<\/p><ul class=\"wp-block-list\"><li>You can finally have your own business without Emirati partners<\/li><li>You will have more independence in managing and planning your work&nbsp;<\/li><li>You will no longer have to negotiate and debate with UAE partners to get the 51% share in the capital of the company<\/li><li>You can expand your business location out of the freezone areas across the UAE.<\/li><\/ul><p>Moreover, now after this law if you&rsquo;re thinking about starting your own business in Dubai, you surely can. Not just that, you have the chance to enjoy a long stay in Dubai after the issue of the long-term visa for investors.&nbsp;<\/p><p>Check this to know more about the <a aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.propertyfinder.ae\/blog\/investment-visa-in-dubai\/\" target=\"_blank\">investment visa in Dubai<\/a>.&nbsp;<\/p><figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"750\" height=\"563\" src=\"https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2021\/07\/business2019_resources1_16a31070399_large.jpeg\" alt=\"UAE allows 100 foreign ownership\t\t\" class=\"wp-image-35884\" srcset=\"https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2021\/07\/business2019_resources1_16a31070399_large.jpeg 750w, https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2021\/07\/business2019_resources1_16a31070399_large-400x300.jpeg 400w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><\/figure><h2 class=\"wp-block-heading\">4. <strong>What Is the 100% Foreign Ownership Positive List in the UAE?&nbsp;<\/strong><\/h2><p>The positive list is one that includes the economic activities across the 13 sectors through which the UAE allows full foreign ownership.<\/p><p>Here is the list of the main sectors that you can start your business in with full ownership:&nbsp;&nbsp;<\/p><ul class=\"wp-block-list\"><li>Education<\/li><li>Agriculture<\/li><li>Storage and transportation<\/li><li>Civil construction<\/li><li>Scientific activities<\/li><li>Healthcare industry<\/li><li>Administration and support<\/li><li>Renewable energy<\/li><li>IT and communication<\/li><li>Space technology<\/li><li>Art and entertainment industry<\/li><li>Product manufacturing<\/li><li>Food and hospitality services.<\/li><\/ul><p>The UAE offers you 100% foreign ownership in 122 economic activities, which are mentioned in the positive list, in any of the above sectors. This gives you a variety of choices to start a new business.&nbsp;<\/p><h2 class=\"wp-block-heading\">5. <strong>Can You Amend the Status of Your Company According to Full Ownership Law?<\/strong><\/h2><p>Yes, you can as the new rules of the foreign 100% ownership in the UAE allows you to change your business status according to the new amendments.&nbsp;<\/p><figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"800\" height=\"598\" src=\"https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2021\/07\/AdobeStock_92246077-1024x765-1-800x598.jpeg\" alt=\"UAE to allow 100 foreign ownership of businesses\n\" class=\"wp-image-35885\" srcset=\"https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2021\/07\/AdobeStock_92246077-1024x765-1-800x598.jpeg 800w, https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2021\/07\/AdobeStock_92246077-1024x765-1-400x299.jpeg 400w, https:\/\/www.propertyfinder.ae\/blog\/wp-content\/uploads\/2021\/07\/AdobeStock_92246077-1024x765-1.jpeg 1024w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure><h2 class=\"wp-block-heading\">6. <strong>When Did the Law Come into Effect?&nbsp;<\/strong><\/h2><p>The UAE allowing 100 ownership of businesses for foreign nationals was expected on the 1st of December, 2020, but it was postponed.&nbsp;<\/p><p>Hence, the law of 100% foreign ownership of the companies came into effect on the 1st of June, 2021, finally.<\/p><h2 class=\"wp-block-heading\">7. <strong>What Is the Effect of the New Full Foreign Ownership Law on the UAE&rsquo;s Economy?&nbsp;<\/strong><\/h2><p>The foreign ownership law in UAE will have a positive effect on its economy as follows:&nbsp;&nbsp;<\/p><ul class=\"wp-block-list\"><li>Attract more investors worldwide&nbsp;<\/li><li>Increase the flow of investments&nbsp;<\/li><li>Strengthen the UAE&rsquo;s position as an important global economic center<\/li><li>Make the country&rsquo;s atmosphere more encouraging for expats to develop an independent business<\/li><li>The UAE will be more expat-friendly, making it a more sought-after location for investment by people around the world.&nbsp;<\/li><\/ul><p>This is all the information regarding the foreign ownership in the UAE. Such a step by the government is a promising one; now nothing should stop you from establishing your own business and being the boss.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you&rsquo;re an investor, a company owner, or even planning to open a business, we have good news for you. Lately, the laws in the UAE have been amended allowing foreigners to fully own their companies and businesses.&nbsp; As this is an important topic and you might have some question marks about it, we will&#8230;<\/p>\n","protected":false},"author":30203,"featured_media":35882,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","footnotes":""},"categories":[511],"tags":[],"class_list":["post-35872","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-guide"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.0 (Yoast SEO v22.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Everything About the Foreign Ownership in UAE - Property Finder Blog UAE<\/title>\n<meta name=\"description\" content=\"If you\u2019re an investor, a company owner, or even planning to open a business, we have good news for you. 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