In accordance with the Federal Decree-Law No. 19 of 2018 on Foreign Direct Investment (The “FDI Law”), aims to promote and develop investment environment and attract the Foreign Direct Investment in line with the UAE’s development policies has announced list of activities that is eligible in industry such as Agriculture (19 activities), Manufacturing/ Industrial license (51 activities) & Services (52 activities), which will allow in obtaining a license with 100% foreign ownership in mainland, UAE. For a FDI company the legal form shall be limited to a Limited Liability Company (LLC), including sole proprietorship company and private joint stock company, including sole proprietorship company.
Application form for FDI license, should be duly filled and signed
A copy of current business license
Audited financial statements for UAE entity for the previous year
Growth plans for the next 3 years (in terms of investment, employment opportunities, new activities.)
In situation, if the application form does not fully represent the company’s contribution to UAE’s economy, it is required to submit a cover letter or power-point presentation which will better highlight the company’s standing in UAE.
This blessed month of Ramadan
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