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People who give professional services based on their intellectual or artistic skills need this type of license.
This applies to all manufacturing, production, packaging, segregation, and collection, including food, textiles, paper, petroleum products, and equipment and appliances. The industrial license requires external clearances from government entities before operations may begin.
If your company deals in the purchasing and selling of the majority of goods and services, such as import and export, logistics, tangible commodities, software, building and real estate, then you need this license.
This license is for you if you run a business from your home and sell goods or services through social media or other online platforms.
Dual licensing lets businesses that are already working in certain free zones expand to the mainland without having to rent more office space or find a local partner.
This means that two or more UAE nationals are partners and are both jointly and separately liable for the company’s obligations using their personal funds.
A company built up of one or more general partners, who are both jointly and individually liable, and one or more limited partners, whose liability is limited liability proportional to their capital shares.
A company where partners’ liability is limited to their capital. A Limited Liability Company can have up to 50 partners and be owned by a UAE national or any other person or company. A Single-Ownership Limited Liability Company is follows the same legislation as multi-owner limited liability businesses.
A firm with up to 200 owners divides capital equally into nominal value shares. It can be owned by one firm and not traded publicly.
When a Private Joint Stock Company with Single Ownership is held by one person, the owner’s liability for company obligations is limited to the capital indicated in its Memorandum of Association. The company’s name must include “One-Person Private Joint-Stock”. It follows the same legislation as multi-owner private joint stock firms.
A business whose capital is split into equal shares that can be bought and sold. The founders buy some of the shares, and the rest are sold to the public through an offering to the public.
This is a business owned by two or more people who work together to do professional activity like make clothes, run beauty salons, do consulting or training, etc.
A business that is owned by one person. That person is responsible for all of the business’s financial responsibilities and debts.
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