The new investment law in the UAE includes a set of measures and reforms that contribute to making the UAE an attractive investment destination for global companies and investors. The law focuses on enhancing economic sustainability and diversifying the base of the national economy.

One of the most notable aspects of the new investment law is the simplification of administrative procedures and the reduction of bureaucracy, which facilitates and accelerates the establishment of companies and business licenses. Thanks to these reforms, investors can now establish their companies easily and quickly, thus stimulating investment flows and boosting businesses.

In addition, the UAE investment law provides strong legal protection for investors, as the law guarantees intellectual property rights, real estate property rights, insurance and investment rights. This enhances confidence and legal stability for investors, and encourages increased investments in the long term.

Ultimately, the UAE’s new investment law is clear evidence of the country’s commitment to achieving economic growth and encouraging investments. By enhancing transparency, facilitating procedures, and providing legal protection, the law provides a sustainable and attractive investment environment for investors. The new investment law is expected to contribute to strengthening the national economy and achieving sustainable development in the UAE.

The new investment law in the UAE

What is the importance of the new investment law in the UAE?

The new law offers many advantages that help in investing in Dubai by providing all sources of attraction to foreign and Arab investors, as well as local investors. The importance of the new law is due to several important points that it provides in a different way to support the economy, which are:

• The new law supports ownership rights for foreign investors.
• The project is fully supported by investment companies in the United Arab Emirates in some sectors of the economy.
• The new law allows the founder of the company to own 100 percent of it, which contributes to solving many of the problems facing investors that cause a disturbance in the company’s balance due to the lack of an ownership law.
• Lack of ownership of assets in companies at the end of 2019 reached 49 percent.
• The new law applies only to strategic sectors so far until further details emerge.

The new investment law in the Emirates

The new investment law in the UAE represents a major shift in the legislative environment for investment in the country, and has brought several major changes, including:

1. Simplifying procedures: The law aims to simplify and facilitate procedures for local and foreign investors, facilitating the process of establishing companies and implementing projects.
2. Expanding the sectors covered: The law allows investors to participate in a wide range of economic sectors, including vital industries such as service, manufacturing, and tourism industries.
3. Investor Protection: The law enhances investor protection and provides them with rights and guarantees, including protection against discrimination and legal guarantees of ownership and contracts.
4. Stimulating foreign investment: The law enhances the investment environment and attracts foreign capital by providing financial and tax incentives and other facilities to foreign investors.
5. Establishing bodies and centers: The law stipulates the establishment of bodies and centers to facilitate investment and support investors, such as the National Center for Investment Regulation.

Consequences of implementing the new investment law in the UAE

Implementing the new investment law in the UAE is expected to achieve several positive results for investments in the country. Here are some expected results:

• Attracting more foreign investments: The new investment law would increase the attractiveness of the UAE as an investment destination. Thanks to tax facilities and a favorable investment environment, the law can attract more foreign capital to the country, thus contributing to increasing the volume and diversification of investments.
• Promoting economic growth: By attracting more investments, the law can achieve strong economic growth. Increased investments mean increased production, jobs and revenues, which supports sustainable development and improved standards of living.
• Diversification of economic sectors: The new investment law works to enhance the diversification of economic sectors in the UAE. By attracting investments in various areas such as technology, tourism and renewable energy, a more balanced distribution of economic activity is achieved and exposure to economic risks is reduced.
• Promoting innovation, research and development: The new investment law contributes to promoting innovation, research and development in the UAE. By protecting intellectual property and providing a favorable investment environment, companies are encouraged to invest in innovation and technology development and enhance competitiveness.
• Providing job opportunities: Increasing the volume of investments means providing new job opportunities in the Emirates. Startups and large projects can act as an engine to create new jobs and enhance employment opportunities for citizens and residents alike.

The role of the new investment law in attracting investments

The new investment law plays a vital role in attracting investments to the UAE. This law aims to improve the investment environment and enhance confidence between foreign investors and local authorities. Here are some of the key roles that the new investment law plays in attracting investments:

• Favorable investment environment: The new investment law seeks to create a favorable investment environment that includes simple and transparent procedures for establishing companies and registering investments. Administrative procedures are simplified and bureaucracy reduced to facilitate business establishment and encourage economic growth.
• Intellectual Property Protection: The new investment law provides guarantees to protect the intellectual property rights of foreign investors. The protection of intellectual property rights is strengthened and legal protection is provided for technological innovation and innovation.
• Tax facilities: The new investment law provides tax facilities for foreign investors, such as tax reductions and tax exemptions to encourage investment and enhance the investor’s financial return.
• Protecting investors: The new investment law focuses on protecting the rights of investors and enhancing trust between them and local authorities. The law provides dispute settlement mechanisms and promotes fair and effective means of resolving disputes.
• Encouraging foreign direct investments: The new investment law aims to attract foreign direct investments by providing competitive advantages and facilities to foreign investors, such as real estate properties, licenses, banking operations, etc.

In general, the new investment law enhances the investment environment in the UAE and attracts foreign investments by providing laws and facilities that achieve transparency, protection and sustainability for investors.

How to invest in the Emirates

How to invest in the Emirates

Investing in the UAE can be an exciting and rewarding opportunity. Here are some basic steps that can be taken to invest in the UAE:

1. Planning and research: Define your investment goals and needs and identify the sectors in which you are interested. Conduct appropriate research about the UAE market and the laws and regulations related to investment.
2. Partnering with a Financial Advisor: It can be beneficial to work with a professional financial advisor to provide financial advice and guidance. The advisor will help you analyze opportunities, evaluate risks and choose appropriate investment strategies.
3. Choosing investment sectors: Select the sectors that suit your interests and skills. Some of the key sectors in the UAE include real estate, tourism and hospitality, technology, infrastructure, finance, and innovative industries.
4. Choose the type of investment: You can invest in real estate, company stocks, bonds, investment funds, or establish your own company. Select the type that best suits your financial goals and the level of risk you can tolerate.
5. Establishing a company: If you want to establish your own company in the UAE, you must observe the laws and procedures related to this. You can avail the services of local consultants to guide you through this process.
6. Licensing and Registration: You may need to obtain required licenses and registrations according to local laws. Ensure compliance with all legal, tax and business requirements.
7. Local Partnership: In some cases, you may need a local partner to establish the company or to comply with certain local laws. Consult with legal counsel to understand the laws and regulations relating to this matter.
8. Risk Management: Before investing, evaluate potential risks and articulate a plan to manage those risks. Make sure to follow economic and political developments in the UAE and in the sectors in which you invest.
9. Benefiting from government benefits: The UAE provides many government benefits to investors, such as tax facilities and financial aid. Learn about these advantages and take advantage of them as much as possible.
10. Networking: Build a trusted network of local partners, investors and professionals in the UAE. Participating in business events and conferences can be a good opportunity to network and expand your network.
11. Review and evaluate investments: Review and evaluate the performance of your investments on a regular basis. You may need to make adjustments or change your strategies based on market and financial developments.
12. Compliance with Laws and Regulations: Ensure compliance with all local laws and regulations related to investment and business in the UAE. Collaborate with a legal advisor to obtain the necessary advice in this regard.

Learn about the new investment law in the UAE

The new investment law in the UAE reflects the government’s commitment to promoting a thriving investment environment and attracting foreign capital. In cooperation with Itqan Company, the law provides an innovative legal framework that supports foreign investors and stimulates the growth of the economic sector.

The new investment law includes several improvements and facilities aimed at promoting investments. This includes simplifying administrative procedures related to establishing companies and registering investments, which enhances transparency and reduces the costs and time required for incorporation.

In addition, the law provides important tax facilities for foreign investors, such as tax reductions and exemptions, which enhances the financial return on investments and increases the attractiveness of the UAE as an investment destination.

The new laws also encourage the protection of intellectual property rights, which promotes innovation and technological innovation and ensures protection for foreign investors in this regard.

In general, the new investment law in cooperation with Itqan Company works to enhance the reputation of the UAE as a global investment destination. The law provides the legal framework and support necessary for foreign investors to benefit from the promising investment opportunities in the UAE, and enhances confidence and economic development in a sustainable manner.

Frequently asked questions about the new investment law in the UAE