Capital
Licenced Activities Management
Unfixed
Any legitimate
activity with
consideration to
purpose and
specialisation.
As per
agreement
among
partners or
with others.
Unfixed
Any legitimate
activity with
consideration to
purpose and
specialisation.
By national
general
partner(s)
Any legitimate
activity with
consideration to
purpose and
specialisation.
By board of
directors in
accordance
with the
provisions of
the Company
Law
AED 10 million
minimum,
divided into
shares with a
value varying
between AED
1-1000
AED 150,000
minimum
Each share value
should be AED
1000 at least.
AED 2 million
minimum.
AED 500,000
minimum
Any legitimate
activity, except those
of insurance,
banking & financial
investment in favour
of others
Any legitimate
activity with
consideration to
purpose and
specialisation.
Any legitimate
activity with
consideration to
purpose and
specialisation.
As per
agreement
among
partners or by
others.
By a board of
directors
By one or
more general
partner
Professional Firms
According to Local Order No.63, 100% foreign
ownership is permitted in establishing a professional
firm provided that a UAE national is appointed as
a local service agent. The local agent has no direct
involvement in the business and is paid a lump sum
of profits or turnover. The number of staff members
that may be employed in a professional firm is limited.
Architects, engineers, management consultants,
health care professionals, legal and accounting
firms can obtain professional licenses and operate as
professional firms. However, in case of audit firms,
the national partner should possess a certificate of
practice issued by the Ministry of Economy and his
share in the firm should be not less than 25%.
Industrial Licences
A special entity, ZonesCorp, has been established
to revolutionise the industrial licensing process in
Abu Dhabi. The investor can initiate the licensing
process by filling out an application at any ZonesCorp
counter or online.
Services Provided by ZonesCorp
ZonesCorp is responsible for developing, operating,
managing and administering zones of special
economic nature in strategic locations throughout
Abu Dhabi.
Due to the close cooperation and coordination
between it and the various government bodies,
ZonesCorp is involved in;
1. Providing a one-stop-shop for customers, a foreign
labour service centre and workers’ accomodation.
2. Processing construction permits and granting
preliminary approvals.
3. Issuing the permanent industrial license.
Unfixed
Any legitimate
activity with
consideration to
purpose and
specialisation.
By the general
declared
partners
known to
others.
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