Every UAE company operates under a licence that lists its permitted activities. Those activities determine the licence type, any additional approvals required and, in some cases, ownership conditions. Choosing them carefully is one of the most valuable steps in the setup process.
The main licence types
- Commercial licences for trading, import, export and distribution
- Professional licences for services, consultancy and skilled professions
- Industrial licences for manufacturing and processing
- Specialised licences and approvals for regulated sectors
Selecting activities well
Activities should reflect how you will actually operate today and in the near future. Choosing too narrowly may mean amendments soon after launch; choosing activities you do not need can add approvals and cost. Banks also compare your activities with your expected transactions, so accuracy supports your account application too.
Renewals and amendments
Licences are renewed periodically, typically annually. As the business evolves, activities, shareholders or trade names can be amended through the licensing authority, subject to its requirements.
