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In effectCabinet Resolution

UAE Foreign Direct Investment LawCabinet Resolution No. (23) of 2024 Concerning the National Treatment of the Nationals of States of the Cooperative Council of Arab Gulf States as UAE Nationals Concerning the Practice of Commercial Activities

UAE Cabinet Resolution·Cabinet Resolution No. (23) of 2024

قرار مجلس الوزراء في شأن المعاملة الوطنية لمواطني دول مجلس التعاون لدول الخليج العربية بمواطني الدولة بشأن الأنشطة التجارية

Authoritative Arabic version per the official UAE Legislation portal

Issued Date
March 8, 2024
Effective from
March 16, 2024
Articles
5
Last synced
Sep 21, 2026

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Plain-language summary

Grants nationals of Gulf Cooperation Council states equal treatment as UAE nationals for practicing commercial activities, effective March 16, 2024.

Synced from the official UAE Legislation portal · Plain-language summary by LEXAI

Article-level text

Key Articles

5 articles

  1. 1

    Article 1

    Article (1) Definitions In implementing the provisions of this Resolution, the following terms and phrases shall have the meanings assigned to each, unless the context otherwise requires: State : The United Arab Emirates. Minister : The Minister of Economy.

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    Cabinet Resolution of 2024 Concerning the National Treatment of the Nationals of States of the Cooperative Council of Arab Gulf States as UAE Nationals Concerning the Practice of Commercial Activities 2

  2. 2

    Article 2

    Article (2) Economic Activities Permitted for Practice by Nationals of States of the Cooperative Council of Arab Gulf States Nationals of States of the Cooperative Council of Arab Gulf States shall be permitted to practice economic activities in the State, in accordance with the principal of National Treatment applicable for the States of the Cooperative Council of Arab Gulf States, except the following economic activities: 1. Hajj and Umra Services. 2. Exclusive Commercial Agencies Services. 3. Fisheries Services.

  3. 3

    Article 3

    Article (3) Amendment to the Economic Activities The Cabinet shall be competent to conduct any amendments, whether it’s an addition, omission, or amendment, to the economic activities stipulated in Article (2) of this Resolution based upon a proposal submitted by the Minister after coordinating with the Local Authorities.

  4. 4

    Article 4

    Article (4) Repeals Cabinet Resolution No. (4) of 2007 Permitting the GCC Nationals to Engage in Economic Activities and Professions in the State, shall be repealed, as well as any provisions conflicting or contradicting with the provisions of this Resolution.

    -- 2 of 3 --

    Cabinet Resolution of 2024 Concerning the National Treatment of the Nationals of States of the Cooperative Council of Arab Gulf States as UAE Nationals Concerning the Practice of Commercial Activities 3

  5. 5

    Article 5

    Article (5) Publication and Enforcement This Resolution shall be published in the Official Gazette and shall come into force as of the day following its date of publication. Mohammad bin Rashid Al Maktoum Prime Minister Issued by us, On: 27/ Shaaban/ 1445 A.H. Corresponding to: 08/ March/ 2024 AD

    -- 3 of 3 --

Note: The Arabic text of this legislation is the authoritative version as per the official UAE Legislation portal.

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