The most common type for UAE local companies is Limited Liability Company. All UAE Local Companies should hold one of the following licenses:
Commercial licenses covering all sorts of trading activity.
Professional licenses covering professions, services, craftsmen and artisans.
Industrial licenses for establishing industrial or manufacturing activity.
Branches for local companies and foreign companies.
Representative Offices of Foreign Commercial Companies.
Restructuring of business in Dubai The corporate structure of UAE local company and shares allocation will depend on its specific activity. In commercial and industrial license, local sponsor is required and maximum foreign ownership permitted in UAE limited liability companies is 49%. In professional licenses only service agent is required and 100% foreign ownership is permitted for sole establishments.