A total of 2829 licenses have been issued in the Emirate of Dubai, including a new license since 2014 and 888 existing licenses, Whether individual or otherwise, stressing that the survival rate of these companies up to 98%.
According to the report, the number of these companies in the year 2018 to 541 companies, up by 13% compared to 477 companies during 2017.
The number of businessmen reached 2487 businessmen, accounting for 87.9% of the total number, while the number of businesswomen reached 342 women, at 12.1%.
According to the report, the distribution of licenses of one person company with limited liability, according to activity, was as follows: commercial (79.2%), professional (16.9%), industrial (2.4%) and tourism (1.5%).
As for the distribution of these companies by the five largest regions in the Emirate of Dubai, which constitute 56%, the largest share was in Burj Khalifa, which accounted for 25%, followed by Port Said (10%), 9%), Al Garhoud (7%) and Al Fahidi (5%).
The report pointed out that the top ten activities of the licenses of the one-person limited liability company in the Emirate of Dubai focused on general trade, investment in the establishment and management of commercial projects, brokerage in the sale and purchase of real estate, investment in industrial projects and the establishment and management of real estate, Agricultural, establishment and management, garment trade, perfume and cosmetics trade, shoe trade, paints and paints.
According to Dubai's economy, a single national or GCC citizen may establish and own a limited liability company, abbreviated as "LLC". The name of the company must be accompanied by the name of its owner, followed by the phrase "one-person company with limited liability".
Citizens of other States may not establish a one-person company with limited liability, while all commercial and industrial activities and most professional activities fall within the person's company With limited liability, and consulting activities are permitted only if there is approval by the organizer of the activity.
The Dubai Economic Zone confirms that it is working through the licensing and commercial registration sector to raise the level of efficiency of performance and provide a service environment to achieve the excellence of the business community and meet their needs in different regions of the Emirate.
Dubai Economy has launched the Dubai Business Club, the UAE's first six-star rating agency, to offer an exceptional customer experience.
The "Smart Terminal" is concerned with providing self-service to the public of commercial licensees at the Dubai Economic City as a "business village". The Smart Lounge provides its services to customers 24 hours a day.
The sector launched the "Dubai Business Map", the first digital platform of its kind in the Arab world, which includes an interactive guide showing the spread of geographically major business activities in Dubai.
• An Emirati or GCC citizen may establish and own a limited liability company.