business investment and uae visa

Dear Customer,                                                         

Thanks for joining and trusting us, much appreciated!

We would like you to know that as a foreign investor, if you want 100% ownership of a company, you must choose a license and a location in one of the many free zones in the UAE.  There are specific types of activities that each free zone meets and its clarity in the first step will help you find the best option for you.  There are more than 45 free zones in the UAE with different categories of operations, so you do not lack choice.

 If you need a local license or need to work locally, you must obtain a license from the Department of Economic Development.  The license comes with some restrictions on the share of foreign ownership, based on different legal structures under the law.

 As for the type of license, your project type will determine the type of license you will need.  Whether commercial, professional or industrial licenses, these will determine the basis of your operations.  However, during the selection remember that some activities such as food trade, jewelry trade, veterinary activities and legal advice, it may require additional approvals from other government departments.

Dubai's Department of Economic Development has a list of over 2,100 activities to choose from. If you cannot find one of your own there, you can contact the government agencies involved in investing in the country, including:

- Emirates Investment Authority (EIA)

- Dubai Government Investment Corporation

 - Sharjah Investment and Development Authority

 - RAK Investment Authority

 - Abu Dhabi Investment Council

 - Investment & Development Office - Ras Al Khaimah.

If you have another question, feel free to ask us and we will answer with pleasure.

I hope my answer was helpful, please let me know if you have any follow up questions. If you feel I've answered your question already, please rate my answer from top of the page. Your feedback helps to ensure only the best experts are available to help you.

You can also ask questions of our other specialists in the areas of nutrition, therapists, IT specialists, doctors, and many more.

Kind Regards,