Freedom in Decision Making When foreign investors hold full ownership of their company, they can enjoy the freedom to make decisions that best suit their business interests. They do not need to consider the interests of shareholders (local and foreign) before taking any significant step, eliminating issues associated with cooperation and congruence. This freedom also has a positive impact on the UAE’s economy.
Opportunity to Manage Government Consignments Companies launched in the mainland can handle profitable government projects with 100% foreign ownership. These government consignments have significantly contributed to the economy’s growth, providing firms with more stability and the ability to function to their full potential.
Diversification in Business Mainland enterprises are allowed to manage a wider range of activities. If you want to diversify your offerings on the mainland, all you need to do is re-register your new activity with the Department of Economic Development (DED) and trade freely. This availability of 100% ownership for foreign investors in the UAE encourages investors to explore Dubai’s local marketplace and diversify their venture’s model accordingly.
Saves Time and Money The UAE government now enables numerous enterprises to carry out their business activities without any local sponsorship. With less formality and paperwork, you can start operations as soon as your company is registered. The 100% foreign ownership amendment allows a business to save sizable money that might originally have been spent on other formalities, enabling them to use this money and time for other productive business purposes.
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