1- Preparation and implementation of economic plans in the emirate.

2- Research and update the investment regulations for the proper use of resources in the Emirate of Umm Al Quwain.

3- Issuing licenses to practice economic activities and control over the economic performance of the application and improve the investment climate as well as make recommendations on Federal Laws.

4- Representation of the Ministry of Economy as competent in the application of federal laws on the economic scope of the emirate's power.