This document provides information about trade licenses in Abu Dhabi, UAE. It discusses:
1) Laws regulating business activities, requiring at least 51% national ownership of companies.
2) Types of licenses including national proprietorships (100% national ownership) and commercial companies (minimum 51% national share). Required documents include approval of trade name, lease agreements, partner passports and activity definitions.
3) General license application procedures through the Department of Economic Development, Commercial Register and Chamber of Commerce involving activity definitions, location agreements and partner identification.
Investors can establish their company in any Free Zone either as a Free Zone Establishment, Free Zone Company or as a branch of their parent company based within the UAE or abroad. For more information visit at: http://axiom-mark.com/free-zone/
This Docuiment was published on Linkedin , because it gives businesses familiarity to the Business environment and Company options on how to Do business in kuwait with realiable sources, for Direct foreign investment in Kuwait
Investors can establish their company in any Free Zone either as a Free Zone Establishment, Free Zone Company or as a branch of their parent company based within the UAE or abroad. For more information visit at: http://axiom-mark.com/free-zone/
This Docuiment was published on Linkedin , because it gives businesses familiarity to the Business environment and Company options on how to Do business in kuwait with realiable sources, for Direct foreign investment in Kuwait
This law is adopted by the National Assembly of the Kingdom of Cambodia in Phnom Penh on August 4, 1994 during the extraordinary session of the first legislature.
Phnom Penh, August 4, 1994
The Acting Chairman of the National Assembly
LOY SIM CHHEA
---
Source: http://www.caminfoservices.com/cdc/law-on-the-investment_940805.html
History of Outbound Investment & Rationale
Liberalization and the rationalization
Automatic Route of Overseas Investment
Approval Route
Eligible Entities for Investment
Other modes of Investment
Post Approval Compliance
Disinvestment / Pledge etc.
Factors Affecting Overseas Investment
The presentation focuses on the FDI in INDIA as under FEMA. It does not involve many rules but does give an understanding about the structure of FDI in India.
Corporate Updates
RBI
RBI issues Master Directions on Foreign Investments in India
RBI permits overseas branches/subsidiaries of Indian banks to refinance ECBs
GOI announces launch of 7.75% Savings (Taxable) Bonds, 2018 commencing from 10th January 2018 - Government of India has announced to launch of 7.75% Savings (Taxable) Bonds, 2018 commencing from 10th January 2018 to enable resident citizens/HUF to invest in a taxable bond, without any monetary ceiling.
• NRIs are not eligible for making investments in these Bonds.
• The Bonds will be issued at par i.e. at Rs.100.00. The Bonds will be issued for a minimum amount of Rs.1,000/- (face value) and in multiples thereof.
• The Bonds will be issued in demat form (Bond Ledger Account) only.
• The Bonds will have a maturity of 7 years carrying interest at 7.75% per annum payable half- yearly.
• The Bonds are not transferable.
MCA
CODS 2018 - Reactivation of DIN is in Process
President Gives Assent to Companies (Amendment) Act, 2017
Insolvency professional to use Registration Number and Registered Address in all his communications.
Insolvency professional not to outsource his responsibilities
Insolvency professional to ensure compliance with applicable laws
Company Website-
www.acquisory.com
This law is adopted by the National Assembly of the Kingdom of Cambodia in Phnom Penh on August 4, 1994 during the extraordinary session of the first legislature.
Phnom Penh, August 4, 1994
The Acting Chairman of the National Assembly
LOY SIM CHHEA
---
Source: http://www.caminfoservices.com/cdc/law-on-the-investment_940805.html
History of Outbound Investment & Rationale
Liberalization and the rationalization
Automatic Route of Overseas Investment
Approval Route
Eligible Entities for Investment
Other modes of Investment
Post Approval Compliance
Disinvestment / Pledge etc.
Factors Affecting Overseas Investment
The presentation focuses on the FDI in INDIA as under FEMA. It does not involve many rules but does give an understanding about the structure of FDI in India.
Corporate Updates
RBI
RBI issues Master Directions on Foreign Investments in India
RBI permits overseas branches/subsidiaries of Indian banks to refinance ECBs
GOI announces launch of 7.75% Savings (Taxable) Bonds, 2018 commencing from 10th January 2018 - Government of India has announced to launch of 7.75% Savings (Taxable) Bonds, 2018 commencing from 10th January 2018 to enable resident citizens/HUF to invest in a taxable bond, without any monetary ceiling.
• NRIs are not eligible for making investments in these Bonds.
• The Bonds will be issued at par i.e. at Rs.100.00. The Bonds will be issued for a minimum amount of Rs.1,000/- (face value) and in multiples thereof.
• The Bonds will be issued in demat form (Bond Ledger Account) only.
• The Bonds will have a maturity of 7 years carrying interest at 7.75% per annum payable half- yearly.
• The Bonds are not transferable.
MCA
CODS 2018 - Reactivation of DIN is in Process
President Gives Assent to Companies (Amendment) Act, 2017
Insolvency professional to use Registration Number and Registered Address in all his communications.
Insolvency professional not to outsource his responsibilities
Insolvency professional to ensure compliance with applicable laws
Company Website-
www.acquisory.com
Baker Tilly provides foreign companies with Doing Business in Kuwait Guide updated as of 2018, which presents the latest updates about legislation’s and regulations of establishing new business, in other words, all what you need to know to start a business in Kuwait.
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تزودكم بيكر تلي بدليل محدث لعام 2018 لممارسة الأعمال في الكويت، هذا الدليل تستفيد منه الشركات الأجنبية التي ترغب في تأسيس أعمال في دولة الكويت، ويحتوي الدليل على أحدث التشريعات والتعليمات لتأسيس أعمال جديدة، وبمعنى أخر يحتوي الدليل على كافة المعلومات التي تحتاجونها للبدء في ممارسة الأعمال في دولة الكويت.
https://www.bakertillykuwait.com/ar/
1, Wealthy Kuwaiti people will not, can not, Or Do Not Desire to always to Go to Dubai international Boat Show ( DIBS) , They Invested there. and Some do not like Dubai and the Emeraties
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Features of the uae commercial transactions lawCateSusen
This article deals with the aspects of the UAE Federal Law No.18 of 1993 on the Issuing of Commercial Transactions (the “Commercial Transactions Law”) as well as the developments and amendments thereto.
Embarking on a business setup in a Dubai-free zone is like stepping into a realm of boundless opportunities and unparalleled advantages. With its unique ecosystem designed to foster innovation, attract foreign investment, and provide a business-friendly environment, Dubai's free zones offer an enticing landscape for entrepreneurs. To know more about kindly contact Marqueway business setup services.
India to Saudi Arabia - Guide for Indian startups to expand into Saudi ArabiaiB Hubs
This document is intended to provide insights and best practices for Indian startups expanding their business to Saudi Arabia.
There will be a series of similar magazines which will help Indian startups expand to other countries as well.
Thanks to Saudi Arabian General Investment Authority(SAGIA) for supporting us in preparing the magazine
Doing business in Kuwait 2019 with baker tilly Kuwait
More Details :
An Expat Guide To Starting A Business In Kuwait
Kindly Follow Us On Social Media :
Facebook : https://www.facebook.com/BakerTillyKuwait
Linkedin : https://www.linkedin.com/company/baker-tilly-kuwait
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Google+ : https://plus.google.com/+Bakertillykuwait
Youtube : http://bit.ly/2MlhnJu
Or Visit our Website : https://www.bakertilly.com.kw/
Doing business in Kuwait 2019
More Details :
Kindly Follow Us On Social Media :
Facebook : https://www.facebook.com/BakerTillyKuwait
Linkedin : https://www.linkedin.com/company/baker-tilly-kuwait
Twitter : https://twitter.com/bakertillykwt
instagram : https://www.instagram.com/bakertillykwt/
Google+ : https://plus.google.com/+Bakertillykuwait
Youtube : http://bit.ly/2MlhnJu
Or Visit our Website : https://www.bakertilly.com.kw/
India to Dubai - Guide for Indian startups to expand into DubaiiB Hubs
This document is intended to provide insights and best practices for Indian startups expanding their business to Dubai.
There will be a series of similar magazines which will help Indian startups expand to other countries as well.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
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Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
[Note: This is a partial preview. To download this presentation, visit:
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Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
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Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
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3. Index
Introduction . .........................................................03
Firstly, Investment Incentives. .....................................04
.
Secondly, Laws Regulating the Practice of Business and
Economic Activity in the Emirate of Abu Dhabi ..............06
Thirdly, Types of Licences in Abu Dhabi Emirate & Required
Documents. ...........................................................08
.
Fourthly, General Procedures For Acquiring Licences........12
Fifthly, Activities Engagement in which Requires Approval by
Competent Authorities.............................................14
4.
5. Introduction
Asking for information and data along with making inquiries about the procedures and prerequisites of exercising business, professional, vocational or industrial activities reflect keenness on the part of investors and
businessmen to abide by the effective laws, rules and appropriate technical criteria conducive to the success of
projects set up by them.
As the Chamber is explaining such matters to all concerned parties, we deemed that it is our duty to issue a
series of concise and precise guides on how both to practise business and investment and get a licence issued in
the Emirate, thus starting out from our objectives to enlarge the range of services rendered to businessmen.
Add to this, such guiding booklets introduce integrated information and thorough data on how to exercise
business, professional and industrial activities in the Emirate
We do hope that this "Guide" would bear its anticipated fruits at a time when accurately concise information
became among the most significant factors of economic progress and development in a world marked with
ever-accelerating, fast-moving provision of information.
6. Firstly, Investment Incentives
Abu Dhabi Emirate is well known to be one of the major business centers in the Arab Gulf region. It acquired such a
prestigious position by means of many factors that can be summarized in the following points:
1. An outstanding location that helps the emirate to be in a position to perform its active trade-related role in linking
shipping routes and facilitating goods transportation between The East and the West;
2. Adoption of a free-market economy that encouraged national and foreign capitals to invest in all fields;
3. No income tax is levied on profits made by individuals, companies and foreign company branches;
4. Free transfer of capitals and profits abroad, without any restrictions, given the availability of branches of major
international banks operating in the Emirate;
5. Imports, including foodstuff, intermediary goods used in local industry and some other commodities, in addition to
all exports and re-exports, are exempted from any customs duties;
6. The maximum customs fees lately levied did not exceed (5%), a rate which is considered the lowest in the region
as a whole;
7. Free movement and travel is guaranteed for everybody whether inside or outside the Emirate and the country at large;
8. Free practice of economic activities plus investment incentives provided and ensured by prevailing laws and economic
rules and regulations;
9. Only minimal rent charges are applied to lease of lands allocated for industrial investment purposes;
10. Low water and electricity consumption rates for both domestic and institutional uses and such rates are lower than
those usually charged in any part of the world;
11. Abu Dhabi is noted for the existence of a modern and advanced infrastructure representing a strong and deeprooted basis supporting a robustly stable economy. Such advanced infrastructure includes:
• Two modern international airports in both Abu Dhabi and Al Ain. They are both capable of receiving giant civil
and commercial aircraft,
• A streamlined and advanced telecommunication network built upon state-of-the-art technologies available, and
• Modern and well-equipped seaports with a huge capacity (run by the Transport Authority);
12. Abu Dhabi Emirate provides superior services and facilities in the field of education as the emirate developed many
public and private schools adopting numerous curricula, including Arabic, English, German, Hindu, French and the
like. This is in addition to the existence of several private institutes and universities availing the opportunity of
higher education for expatriates;
13. International exhibition halls and centers besides shopping malls and department stores are also widely spread;
TRADE LICENCES GUIDE
4 Abu Dhabi Chamber
7. TRADE LICENCES GUIDE
Abu Dhabi Chamber 5
14. Medical services are also rendered through many hospitals, medical centers and clinics, private and public alike;
15. Diversified, modern leisure, recreational and touristic places are also widely spread, along with silver sandy beaches,
sports foundations and clubs, luxurious hotels and restaurants. There is also a variety of state-of-the-art gardens
and public parks, public and private libraries, cinema houses, road networks and traffic regulations; and
16. A set of legislations such as Intellectual Property Law, Commercial Company Law, UAE Civil Code and Commercial
Procedures Law has been completely issued.
17. All these advantages have made Abu Dhabi a fantastic place of attraction for investors and businessmen from every
part of the world.
8. Secondly, Laws Regulating
the Practice of Business and
Economic Activity in the Emirate
of Abu Dhabi
Laws:
Article 23 of Federal Law No. 18 of 1993 concerning Commercial Dealings
provided that:
“It shall not be permissible for non-UAE nationals to run businesses unless upon joining a partner or partners
holding the UAE nationality in accordance with the terms and within the limits specified in the Commercial
Company Law”.
With reference to the Federal Commercial Company Law No. 8 of 1984 and the amending laws thereof, Article 22 provided as follows:
"Observing that commercial activities are confined to nationals as provided in this Law or in any other law,
every company incorporated in the UAE must have one or more national partners whose share must not be
less than 51% of the company capital".
Article 5 of the Companies Law defined types of companies which are (General Partnership, Limited Liability
Company, Simple Limited Partnership, Public Joint Stock, Partnership Limited by Shares, Private Joint Stock,
Joint Participation (Venture).
Likewise, Article 314 of the UAE Commercial Company Law also granted foreign companies the right of
establishing their own branches or offices in the country providing that such a branch or office must have
a national agent. If the agent is a company, it must be a national company in which all partners should be
nationals. The UAE agent's obligations should, however, be confined to rendering necessary administrative
services to the company in respect of getting required licences without sharing in the capital or management
or bearing any losses or obligations.
Article 92 of the UAE Civil Code defined legal entities in such a way that included private associations and
enterprises incorporated according to the provisions of the law.
Abu Dhabi’s Trade Licence Law No. 9 of 1996 and the amending laws thereof also provided that except those
exempted by the Ruler, it shall not be permissible for any person to practise any business activity unless upon
acquiring the required licence as it is determined.
TRADE LICENCES GUIDE
6 Abu Dhabi Chamber
9. TRADE LICENCES GUIDE
Abu Dhabi Chamber 7
Article 31 of Law No. 27 of 2005 Concerning Abu Dhabi Chamber of Commerce & Industry provided that those national or foreign individuals, companies
or enterprises practising business, industrial, financial or contracting activities within the Emirate, or those
having branches or offices to practise permanent or temporary activity, shall have to join the Chamber.
It is understood from the sense of all these provisions that it is a must for any natural or legal person whether
he is a national or foreign investor to acquire a licence allowing him to practise requested economic activity.
However, the Chamber's Membership Certificates are amongst the necessarily required documents for licence
issuance or renewal in the Emirate.
10. Thirdly, Types of Licences
in Abu Dhabi Emirate
& Required Documents
1 - National Proprietorship (100% National):
• Selection and approval of trade name (to be approved by the Department of Economic Development);
• Lease contract involving the headquarters through which the activity is intended to be practised;
• UAE national’s passport photocopy + personal photograph;
• Definition of activity (Commercial, professional or vocational);
• Acquiring competent authorities’ approval whenever required for certain activities; and
• Completed application forms prepared for the purpose by the Department of Economic Development,
Commercial Register and Chamber Membership.
2 – Commercial Companies (51% Minimum National Share):
• Getting the selected trade name approved (by the Department of Economic development) in accordance
with the requirements provided in the Commercial Company Law;
• Partnership agreement duly authenticated by the Notary Public (National(s) share should not be less than
51%) and without prejudice to other provisions and requirements provided in the Commercial Company
Law in respect of the company type;
• Lease contract involving the headquarters through which the activity is intended be practised;
• Passport photocopy + personal photograph of each partner;
• Definition of required activity and getting it approved by respective competent authorities whenever
required for certain types of activities;
• Bank certificate to the effect that the company capital has been already deposited at one of the banks
operating in the Emirate, along with a statement showing the cash shares of partners;
• Completed licence application-forms, Commercial Register and Chamber Membership; and
• Registration of the partnership agreement at the Ministry of Economy.
• Foreign investors are to obtain the approval of the Immigration & Naturalization Department (i.e. an
investor’s visa).
TRADE LICENCES GUIDE
8 Abu Dhabi Chamber
11. TRADE LICENCES GUIDE
Abu Dhabi Chamber 9
3- Foreign Company Branches:
• Adopting the same mother company's name for the branch in Abu Dhabi (to be approved by the Department
of Economic Development);
• Detailed statement on the activity required to be practised by the branch and getting it approved by
respective competent authorities whenever required for certain activities, with consideration to that the
branch activity must be from among those practised by the mother company’s headquarters;
• Contract agreement concluded with a services agent holding the UAE nationality. The agreement must be
duly authenticated by the Notary public;
• Submission of a duly attested "Undertaking" issued by the mother company pledging to bear any financial
liabilities on behalf of its branches in the UAE;
• Duly attested decision taken by the concerned administrative body at the mother company confirming
willingness to open a branch in Abu Dhabi;
• Duly attested official certificate issued by the competent authorities at the country in which the foreign
company is registered. The certificate must state for the company registration, legal status, capital, along
with names, capacities and powers of its representatives;
• Duly attested facsimile of the mother company's letter of incorporation or articles of association.
• Latest duly attested couple of balance sheets accredited by the mother company, along with auditor report,
profit/loss account and other balance sheet-related explanations;
• Statement showing main operations and activities practised by the foreign company outside the UAE, and
accounting for its previously accumulated experiences;
• Duly attested power of attorney in favor of the company's representative in Abu Dhabi, along with his
passport photocopy and personal photograph;
• Passport photocopy and personal photograph of the national services agent if he is a natural person. In
case he is a legal entity, an official certificate confirming that all partners are UAE nationality holders
should be attached along with copies of issued licences;
12. • Statement showing the number of employees expected to be recruited in the company branch in Abu
Dhabi;
• The branch capital amount must not be less than Dhs250,000 (Two hundred and fifty thousand dirhams); and
• All documents should be translated into Arabic by an authorized legal translator and duly attested by the
UAE Ministry of Justice.
4- Appointment of Commercial Agent (Exclusive Distributor):
*Foreign companies unwilling to acquire a licence but still interested in finding access to their products inside
the UAE or seeking to offer their services, may appoint a commercial agent in accordance with the provision
of Federal Law No. 18 of 1981 Regulating Commercial Agencies and amending laws thereof. Such agent may
promote the foreign company’s products and services through exclusive sales or distribution within the specified UAE-based area covered by the agency. This can be done by virtue of a relevant agreement which should
be duly registered with the Ministry of Economy. However, foreign companies may have one agent to cover
the whole UAE territories or one agent in each emirate. The agency shall remain in place only as per the relevant duration agreed upon in the contract.
5- Gulf Establishments and Companies:
GCC countries' nationals shall be allowed to practise all economic activities and professions, barring the activities listed in the Ministerial Resolution No. 26 of the year 2005.
TRADE LICENCES GUIDE
10 Abu Dhabi Chamber
14. Fourthly, General Procedures For
Acquiring Licences
1. Applicant may approach either the Department of Economic Development, the Higher Corporation for
Specialized Economic Zones (ZonesCorp) or the Abu Dhabi Tourism Authority - as per the type of requested
activity once the required trade name selected by the applicant for his own project has been duly approved –
for purposes of completing an application form for the licence, then attaching the same to other documents
as specified hereinbefore in respect of types of licences and required documents;
2. Applications are, thereafter, reviewed along with documents attached thereto in order to determine
whether the activity included in the submitted application requires approval of competent authorities. In
such a case, the application is referred to the respective competent authority for obtaining its approval of
allowing the applicant to engage in the requested activity. The applicant should approach the involved
competent authority to see whether further documents or certain explanations are still required;
3. Posterior to both the approval of the application and receiving the approval of respective competent
authorities, if required, the applicant is referred to the Abu Dhabi Chamber for obtaining its membership;
4. Having obtained the Chamber’s Membership, the applicant should refer to either the Department of
Economic Development or the Abu Dhabi Tourism Authority for registration in the Commercial Register
and for having the licence which is not finally acquired unless upon field visit to the applicant premises and
fulfillment of all terms and conditions relating to advertising, safety and health requirements in accordance
with the rules and regulations applied by the Department of Economic Development;
5. In case of his being a commercial company, the applicant shall be referred to the Ministry of Economy
after acquiring the Chamber Membership Certificate. At the Ministry, relevant procedures required for
registration of the company's incorporation are to be completed once / for one time;
6. In case the applicant is a foreign company branch, he shall have to submit an application enclosed with
all documents mentioned hereinbefore in respect of types of licences and required documents to Ministry
of Economy. The Ministry, in cooperation with the Department of Economic Development (DED) and the
TRADE LICENCES GUIDE
12 Abu Dhabi Chamber
15. TRADE LICENCES GUIDE
Abu Dhabi Chamber 13
Abu Dhabi Chamber, presents the application before the esteemed Executive Council in Abu Dhabi seeking
required approval. (This is also effective for Joint Stock Companies.);
7. DED’s licence should be annually renewed; and
8. Once the Licence has been issued, the applicant should approach the Ministry of Labour to open a special
"Company Card" and apply for required labour force. Then he has to approach the Department of
Naturalization & Residence to get permits.
Licensing stages shall be as follows:
1. Trade name,
2. Immigration & Naturalization Department’s approval of an investor’s visa,
3. Specifying the type of activity and; accordingly, getting the approval of the concerned entity, if any,
4. Inspecting the premises of the business,
5. Issuing a preliminary approval,
6. Issuing a final approval,
7. Paying the fees,
8. Membership of the Abu Dhabi Chamber of Commerce & Industry, and
9. A card for the business shall be opened at both the Ministry of Labour and the Immigration & Naturalization
Department.
16. Fifthly, Activities Engagement
in which Requires Approval
by Competent Authorities
Obtainment of the approval given by the authorities mentioned herein below shall be a prerequisite for
practising the activities subsumed under each and every respective authority.
EXECUTIVE COUNCIL
Travel & Tourism - General Services - Charter Trading - Ship & Maritime Agencies - Car Clubs - Charter Air
Transport - Foreign Company Branches.
MINISTRY OF INTERIOR
General transport - Driving Schools - Stamp Making Key Cutting & Stamp Making - Fire Equipment, Alarm
& Safety Systems - Used Car Dealers - Used Auto parts _ Car Painting & Denting - Rent -a–Car - Organizing
Festivals and Festivities.
MINISTRY OF JUSTICE
Law Firms - Legal Translation - Legal Consulting.
MINISTRY OF LABOUR
Manpower Recruitment – Societies – Nurseries.
MINISTRY OF COMMUNICATION
Land Transport – Telecommunication Equipment and Maintenance (To be annually renewed).
MINISTRY OF ECONOMY
Insurance, Insurance Consultancy, Brokers, Inspection Experts, Damage / Loss Assessors.
MINISTRY OF CULTURE
Video & Cassette Library Shops - Software Import, Export, Distribution and Sales – Bookshops (Newspapers,
Books, Magazines) - Cinema Houses & Theaters – Radio / TV / Drama / Movie Production & Artistic Studios Exhibition Organization, Management and Marketing - Printing Presses - Press Service Offices - Publicity &
Advertising - Offices Sponsoring Art & Drama Troupes to Present Their Shows Inside the UAE – Issuing Publications & Periodicals - Music, Lute and Ballet Teaching & Tuition - Printing Works - Visit & Greeting Cards - Logo
& Gift Items-Advertising Printing - Printing Service Offices (To be annually renewed)
TRADE LICENCES GUIDE
14 Abu Dhabi Chamber
17. TRADE LICENCES GUIDE
Abu Dhabi Chamber 15
SUPREME PETROLEUM COUNCIL
Onshore-Offshore Gas & Oil-field Services - Onshore-Offshore Oil Drilling Operations.
GENERAL AUTHORITY FOR HEALTHCARE
Medicines - Medicinal Stores - Pharmacies - Private Medical Clinics - Scientific Offices & Medical Laboratories
– Hospitals - Veterinarians’ Clinics - Veterinary Medicines - Requisites of Agricultural, Livestock & Fisheries
Production (To be annually renewed).
DEPARTMENT OF TRANSPORT
Shipping - Maritime Services & Transport - Shipbuilding, Maintenance and Inspection - Forwarding & Clearing
- Air Freight & Transportation.
ABU DHABI MUNICIPALITY
Metropolitan / City Landscaping Dept., Places for Contract Leases.
DED & TOWN PLANNING DEPT.
Civil Engineering & Architectural Consultancy (To be annually renewed).
HIGHER CORPORATION FOR SPECILIZED ECONOMIC ZONES
Establishment of Industrial Plants (To be annually renewed).
UAE CENTRAL BANK
Banks, Stocks & Bonds, Financial Investments - Financial Consultancy - Money Exchange - Banking Representation Offices (To be annually renewed).
GENERAL POSTAL AUTHORITY
Courier Services (To be annually renewed).
ABU DHABI TOURISM AUTHORITY
Travel, Tourism and Furnished Flats.
DEPARTMENT OF ECONOMIC DEVELOPMENT
General Trading – Representation of Companies- Trade Names – Public Joint-Stock Companies’ Licensing.