Law No. 15 of 2010 concerning Investment.

Consisting of 35 articles organized into six parts, this legislation seeks to encourage, boost, and enhance both local and foreign investments in alignment with the state's public policy, national objectives, and priorities in economic and social development. In accordance with Article 4, investors enjoy the liberty to invest in any sector of the national economy, excluding the weapons and explosives industry. The law does not extend to cover activities related to the exploration and exploitation of oil and gas, minerals, banking and finance, as well as import and export, wholesale, and retail trade. These sectors are subject to specific regulations and laws.
The guarantees and benefits outlined in Part III can be succinctly summarized as follows: (i) protection against seizure or nationalization of projects or any of their assets; (ii) fair treatment of both Yemeni and Non-Yemeni investors in all rights and commitments; (iii) the right to invest in any economic sector, either independently or in collaboration; (iv) safeguarding intellectual property rights; (v) the investor's entitlement to employ expatriate technical and highly skilled professional labor; (vi) the utilization of internationally recognized methods for dispute resolution, namely the United Nations Commission on International Trade Law (UNCITRAL). The Law recognizes (i) the freedom of Investor to transfer their funds in foreign currencies from and to the Republic and retransfer the invested capitals abroad whether in kind or in cash upon liquidation and disposal of the projects; (ii) the freedom to transfer abroad profits, interests, and labor wages. Article 11 establishes the General Investment Authority, assigning it the following principal responsibilities: (i) addressing inquiries, receiving applications, and registering investment projects; (ii) aiding investors in collaborating with relevant authorities to overcome barriers hindering project implementation and operation; (iii) evaluating and offering suitable recommendations on laws, regulations, and decrees associated with investment in the Republic. The General Investment Authority is mandated to implement a one-stop-shop system in collaboration with competent authorities. This system ensures the presence of representatives from all relevant authorities related to investment activities, equipped with the authority to issue necessary permits and licenses for investment projects.