The United Arab Emirates is one of the first choices of investors.
In this report, I will talk about the UAEâs efforts to support investors, entrepreneurs, creatives, and the wealthy.
Advantages enjoyed by investors in the UAE.
The UAE offers many incentives to investors, supports entrepreneurship, and sets incentives to increase the number of companies that are established to support plans to diversify sources of national income. Government agencies remove obstacles to the flow of investments. Since its establishment, the UAE has provided incentives to investors and is moving forward in making its environment more competitive in attracting foreign investments. The UAE aspires for investments to be one of the capabilities of the national economy.
Possibility of full ownership of companies 100%
Investors of various nationalities were allowed to establish and own companies entirely in the UAE and in all regions, following the issuance of the Commercial Companies Law in the year 2020, and not requiring the presence of an agent from the countryâs citizens for the foreign company wishing to open a branch and carry out its activities in the country.
40 free zones for establishing companies
There are more than 40 free zones that allow foreign investors to own 100%. The state offers investors flexibility in choosing the appropriate free zone to establish their companies, and free zones are spread throughout the country. It allows all economic activities and exemption from taxes.
Investing in all economic activities
Foreign investors in the UAE can invest in the sectors of trade, industry, agriculture, services, education, health, construction, and many others. The available economic activities exceed 2,000 activities, and the law excludes a very limited number of activities with a strategic impact.
Owns all legal forms of companies
Following the issuance of Federal Law No. (26) of 2020, regarding commercial companies, foreign investors were allowed to own all legal forms of commercial companies, such as: public joint stock companies, private joint stock companies, limited liability companies, simple partnership companies, and joint liability companies.
There is no requirement for a citizen agent
The UAE Commercial Companies Law does not require foreign companies wishing to open a branch and carry out their activities in the United Arab Emirates to have an agent who is a citizen of the country, which is considered an important advantage enjoyed by foreign companies and enhances the ease of doing business in the country and gives them more transparency.
Control over the boards of joint stock companies
The UAE Commercial Companies Law does not require that the Chairman of the Board of Directors or the majority of the members of the Board of Directors be Emirati citizens, giving foreign investors the right to fully control their shares in companies, unless any decree or decision stipulates otherwise.
Without a minimum capital
The law in the UAE directs investors to specify the capital in the articles of incorporation and articles of association of companies. However, there is no minimum capital requirement for limited liability companies, which makes it easier for investors to establish companies and establish businesses, giving investors greater flexibility in planning their projects. 
Without income tax and transfer of full profits
The UAE does not impose income tax on individuals, investors or companies with the exception of oil companies and foreign bank branches. It also allows individuals and investors the freedom to transfer their profits completely, and these incentives are advantages that investors in the UAE have enjoyed historically, as the free economy model has been followed since the founding of the country.
Golden residency for investors
The UAE applies a long-term residence visa system, for periods ranging from five to ten years, for investors, entrepreneurs, and talents. This allows UAE residents and their families who wish to reside to work, live and study in the country, the possibility of settling down, establishing their businesses, and enjoying a long stay.
Ease of contracting with professional workers
The UAE is considered an incubator of talent, skilled labor, and human capital in vital and important economic sectors, due to its flexible labor policies and ease of bringing in foreign workers. The growing labor sector in the Emirates has allowed the building of highly specialized cadres in various specializations.
Low customs tariff
Low customs duties have helped consolidate the UAE's position as a global center for trade, and the government tariff in the UAE ranges between zero and only 5%. Therefore, the UAE occupies a leading position globally and regionally in trade, as it ranks third globally and first in the Arab world in re-exports.
Incentives for the industrial sector
The UAE offers a package of incentives to support investment and industrial and technological companies in basic areas such as competitive financing solutions for priority industrial sectors and advanced technology, in partnership with the Emirates Development Bank, providing a strategic and competitive tariff for priority sectors in the industrial sector and customs exemption on investments and production inputs for the industrial sector. Such as machinery and raw materials, the National Value Added Program, the âMade in the Emiratesâ brand program to unify the identity of the local industry, and other incentives provided by the UAE to the industrial sector.
This is the efforts and privileges the UAE is making to serve investors and entrepreneurs.
