UAE Cabinet Resolution Passed for approving 122 Sectors eligible for 100% Foreign Ownership in UAE

NaseerNaseer    21 April 2020
UAE Cabinet Resolution Passed for approving 122 Sectors eligible for 100% Foreign Ownership in UAE

The UAE has released the full list of 122 categories for 100 per cent ownership in the mainland under the Foreign Direct Investment (FDI) Law.

Cabinet Resolution No.(16) of 2020 determines the 'Positive List' of sectors and economic activities in which foreign direct investment is permissible and the percentage of ownership is 100 per cent. The Positive List includes a number of interesting activities such as manufacturing of toys, sports goods, electrical equipment, consultancy services, advertising, photographic activities, construction of buildings, translation services, primary, secondary and higher education, hotel and restaurant management, hospitals and music bands, among others.

Read UAE's Cabinet Resolution No.16 (2020) for approving 122 Sectors eligible for 100% Foreign Ownership in UAE



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