The term “group” or “holding” can be used in the trade name for this activity.
Assignment of License:
The one person limited liability company is owned by one natural or one corporate body. This company is different than the other forms that require having two parties at least to sign a contract.
The one person company consists of one person only. It is similar to the sole-proprietorship but they differ in some provisions, the most important of which is that its liability is limited to the single partner’s share whereas in the sole-proprietorship the liability is unlimited.
Memorandum of association:
Dissolving, liquidating, and stopping the activity of the company:
Assignment of License:
A Partnership Company's shares must be 100% owned by UAE Nationals and cannot be offered to the public or represented in negotiable certificates.
Partnership Company cannot be owned by GCC nationals and/or any corporate body.
The owners of the partnership company are jointly and severally responsible for the company's liabilities. This means that if the business is unable to pay its debts with the proceeds of its operations, the personal and business assets of one or all of the partners can be used to pay creditors. No agreement to the contrary can be made against third parties.
When choosing a name for your business or company you should follow general trade name guidelines. The trade name should be related to the license type so that clients can't be confused.
You can apply for a trade name
online or through Business in Dubai App (iOS, Android). You may also visit authorised service centers, Happiness Lounge, or law firms. Please note that to access online services, you need a
During the application process, you will be issued with a payment voucher or a transaction number, which you will need to use as a reference when you pay. You can make the payment
online or by cash, credit card or cheque at authorised
service centers or you can transfer money from your account. Please check different
Trade Name Guidelines:
An Initial Approval Certificate is a document which says that the Dubai DED has no objection to you starting a business and means you can take the next steps to getting a business license.
You can apply for the initial approval through:
eServices - to access eservices you need a user account.
Business in Dubai App (iOS, Android)
During the application process, you will be issued with a payment voucher or a transaction number, which you will need to use as a reference when you pay. You can make the payment through various approved
Some business activities require special licensing approvals by different government departments (federal and local).
Now that you have completed the steps above, you need to submit all the documents through the following application channels: