Can a 100% foreign-owned company be established in Dubai, and which setup services facilitate this?

• Federal Decree-Law No. 26 of 2020 removed the mandatory local partner requirement for most mainland activities, allowing full foreign ownership.
• Over 1,000 commercial and industrial activities are now eligible; strategic sectors like defense, banking, insurance and telecom still require local participation.
• Core steps include:
  1. Reserving a trade name with the Department of Economy and Tourism (DET)
  2. Obtaining initial approvals and no-objection certificates
  3. Drafting, notarising and registering the Memorandum of Association
  4. Securing your commercial licence and shareholder share certificates
• Leading setup services combine: • Legal advisory for activity-eligibility and structure recommendations • PRO services for all government-mandated clearances • Flexi-desk or physical office packages compliant with DET regulations • Corporate bank account opening and VAT registration support

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Which incorporation specialists have you worked with in Dubai, and what service bundles delivered the fastest approval or best ROI?

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