It is no news that the UAE Commercial Company Law has been modified to grant 100 percent company ownership to foreign investors as opposed to the previous 49 percent share. Announced by the UAE’s Ministry of Economy, this new development allows investors from all over the world to take advantage of the great business opportunities in the UAE. Now is the best time to do the business setup in Dubai and company formation. You can learn more about this complete ownership to mainland companies here.
The Department of Economic Development in Abu Dhabi and Dubai has released a list of commercial and industrial activities permitted to have 100 percent foreign ownership for Business Setup Dubai. The DEDs of Ajman and Sharjah have also approved a number of business activities permitted under the modified law.
These commercial activities are classified into
- Trading activities
- Manufacturing activities
- Transportation activities
- Investment activities
- Contracting activities
Trading activities
Some of the trading activities permitted include:
- Trailers trading
- Electric cars trading
- Tires and accessories trading
- Motorcycles trading
- Scooters trading
- Racing cars trading
- Classic cars trading
- Livestock trading
- Horses trading
- Hides trading
- Flowers and ornamental plants trading
- Wool and hair trading
- Birds trading
- Refined oil products trading
- Tobacco and cigarettes trading
- Drug store
- Diesel fuel trading
- Drug store
- Waste paper trade
- Jet ski trading
- Off-road karts & spare parts trading
- Laboratories chemical trading
- Auto accessories trading
- Foodstuff supply services
- Metal ores trading
- Bovine system trading
- Compressed natural gas trading
- Basic industrial chemical trading
- Glass waste trading
- Waste paper trading
- Metal ores trading
- Building and construction materials trading
- Fly ash trading
- Medical gas trading
- Photography materials trading
- Textiles and fabrics waste trading
- Tannery and dyeing materials trading
- Fire extinguishing materials trading
- Radioactive materials trading
- Fireworks trading
- Animal fodder supplements trading
- Petrochemicals trading
- Gum and glue trading
- Dry ice trading
- Mobile phone numbers trading
- Caps and lids trading
- Smelters and furnace refractory materials trading
- Glass bottles trading
- Supermarket
- Mobile phone numbers trading
- Frozen fish and seafood trading
- Egg trading
- Coffee trading
- Bread and Bakery products training
- Baby food trading
- Honey trading
- Sugar trading
- Nuts trading
- Flour trading
- Snack trading
- Salt trading
- Tobacco trading
- Ice cream trading
- Food and beverages trading
- Canned food trading
- Sugar trading
- Natural herbs trading
- Nuts trading
- Poultry trading
- Electronic accessories
- Calculators and spare parts trading
- Sim trading
- Wireless instruments and equipment
- Telephones and telecommunications equipment trading
- Sim trading
- Lubricants and grease trading
- Computer and requisites trading
- Chandelier trading
Manufacturing activities
Some of the manufacturing activities allowed include:
- Tomato paste manufacturing
- Jam manufacturing
- Fruit canning and packaging
- Poultry products manufacturing
- Meat products manufacturing
- Fruits canning and packaging
- Vegetables and legumes
- Seafood freezing, processing, and packaging
- Poultry slaughtering and processing
- Potato chips manufacturing
- Drums and barrel manufacturing
- Metal utensils manufacturing
- Printing cylinders manufacturing
- Metal ropes manufacturing
- Traffic signs manufacturing
- Welding bars manufacturing
- Transmitters and antenna manufacturing
- Computers assembling
- Electric motors and generator manufacturing
- Audio cassettes manufacturing
- Cloth hangers manufacturing
- Sandals manufacturing
- Plywood manufacturing
- Wooden doors and window manufacturing
- Steel bars manufacturing
- Iron and steel smelter
- Gold refinery
- Home furniture manufacturing
- Aircraft manufacturing
- Satellite manufacturing
- Boats manufacturing
Transportation activities
- Some of the transportation activities permitted include:
- Motor vehicles transportation
- Explosive materials transportation
- Transportation of luxury cars
- Transportation by tour buses
- Transportation of animals
- Transportation of fodder and animal feed
- Transportation of biological materials
- Transportation of people with classic cars
- Transportation of lubricants and petroleum wastes
- School transportation
- Transportation of raw materials
- Taxi services
Investment activities
Some of the investment activities permitted include:
- Investment in tourist enterprises and management
- Investment energy enterprises and management
- Investment in commercial enterprises and management
- Investment in healthcare enterprises and development
- Investment in agricultural enterprise and management
- Investment in outer space projects
- Investment in educational enterprises and management
- Investment in sports enterprises and development
- Investment in retail trade enterprise and management
- Investment in oil and natural work gas projects
Contracting activities
Some of the contracting activities permitted include:
- Meteorology contracting
- Prefabricated buildings contracting
- Tunnels contracting
- Electric power lines contracting
- Wireless communication towers contracting
- Prefabricated buildings contracting
- Bridges and dam contracting
- Water pipelines and stations contracting
- District cooling plants contracting
- 3D printing building construction contracting
- Sewage and drainage contracting
- Dredging and reclamation contracting
- Oil and gas mechanical work contracting
- Technical services contracting
- Advertising billboards contracting
- Electromechanical works contracting
- Exterior building cladding contracting
For more detailed information, get in touch with our business consultants in Dubai today and find out how we can setup your business in Dubai.
