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Sole Proprietorship

It simply refers to a person who owns the business and is personally responsible for its debts. It refers to a business owned by an individual, not a company, the control and operations will be that of the individual.

Civil Company

A civil company can only practice professional business and is 100% owned by professional partners. It involves an activity practiced by an individual or more people.

 

L.L.C.

A Limited Liability Company (L.L.C.) is a separate and distinct legal entity. L.L.C. is an association of a maximum number of fifty and minimum number of two partners, each of whom shall be liable to the extent of his or her share capital.

 

Company License comes in the following formats:

Commercial License:

A license for those companies that are involved in any type of trading activity.

Industrial License:

A license for companies that are involved in any type of manufacturing or industrial activity.

Professional License:

A license for companies that are service providers, professionals, etc.

Branch / Representative Office

A Branch of a Foreign Company is 100% owned by the parent company, and operates under the same name and conducts the same business as the managing firm, in order to open a branch in UAE.