UAE government recently announces that foreign nationals can now have a 100% ownership in Dubai & UAE in a variety of commercial and industrial sectors. This means expatriates no longer need an Emirati sponsor or partner to start a business on the UAE mainland.
What Has Changed?
Previously, foreign investors were limited to owning only 49% of a mainland business, with 51% ownership mandatory for a UAE national. With the new amendments to the UAE Commercial Companies Law, this requirement has been removed for over 1,000 business activities.
Who is Eligible for 100% Foreign Ownership of Business in the UAE?
Foreign investors from any country can now own 100% of their mainland business in Dubai and across the UAE. However, eligibility depends on the type of business activity and location. Activities with a strategic impact (e.g., oil, gas, military) still require local participation or approval.
Why Were Laws Revised to Allow 100% Ownership of Business in UAE?
The reforms aim to:
- Increase foreign direct investment (FDI)
- Encourage economic diversity out of oil
- Enhance the UAE’s Competitiveness Internationally
- Appeal to international entrepreneurs and multinational firms
The UAE’s goal is to become a global hub for innovation and investment, and this amendment is a key step in that direction.
Key Points in the New Amendment
- No need for a UAE partner in non-strategic sectors
- Foreign investors are able to hold full shares in mainland companies
- Streamlined licensing and regulation arrangement
- More chances for total control and keeping profit.
- For both new and existing businesses
What Entrepreneurs in the UAE Can Expect from the Amendment
Entrepreneurs can now enjoy:
- Complete decision-making authority
- Retention of 100% of profits
- Full ownership of assets
- More flexibility in business structure
- Increased investor confidence
Jeemfinance offers complete guidance for investors looking to start their journey during Business Setup in Dubai
How 100% Ownership in UAE Affects New Businesses
Starting a business in Dubai is now more attractive for foreign investors. With 100% ownership:
- You no longer need a local sponsor
- You gain complete legal and financial control
- You can register a business quickly with support from consultants like Jeemfinance
This opens the doors to thousands of global entrepreneurs, especially in tech, consulting, trading, and e-commerce sectors.
How 100% Foreign Ownership in UAE Affects Existing Mainland Businesses
Current mainland businesses with Emirati partners can restructure to become 100% foreign-owned. Business owners need to:
- Amend their Memorandum of Association (MOA)
- Apply for ownership change via the Department of Economic Development (DED)
- Possibly compensate or buy out the Emirati shareholder
Jeemfinance can assist with a smooth and legal transition process.
How 100% Ownership Affects Existing Businesses in UAE Free Zones
UAE Free Zones have always allowed 100% foreign ownership. However, the new law reduces the need to register in a free zone solely for ownership benefits. Mainland now offers similar advantages, along with broader trading flexibility within the UAE.
How a Foreign National Can Get 100% Ownership in an Existing LLC Company in UAE
To become the sole owner of an LLC:
- Review business activity eligibility with Jeemfinance
- Amend the LLC license and MOA with DED
- Get approvals from relevant government departments
- Finalize the share transfer process legally
With expert help from Jeemfinance, this process becomes fast, transparent, and cost-effective.
One-Stop Solution for Business Needs – Jeemfinance
At Jeemfinance, we provide:
- Company formation services
- Business restructuring for 100% ownership
- DED approvals and legal documentation
- Licensing & PRO Services
- Ongoing business support
Whether you’re starting fresh or restructuring, Jeemfinance is your trusted partner for achieving full foreign ownership in Dubai & UAE