The Department of Economic Development (DED) is the government body entrusted to set and drive the economic agenda of the emirate of Dubai, UAE. The DED supports the structural transformation of Dubai into a diversified, innovative service-based economy that aims to improve the business environment and accelerate productivity growth.
The DED and its agencies develop economic plans and policies, identify and support the growth of strategic sectors, and provide services to domestic and international investors and businesses.
The DED is also a proud winner of the Distinguished Government Entity in the Dubai Government Excellence Programme 2012.
A mainland company is requires to have a local sponsor who is a UAE national;
UAE national sponsor - 51%
Foreign shareholder (s) – 49%