4% increase in number of business licenses issued in first quarter 2015 in Abu Dhabi

According to the first quarter business mobility report issued by the Abu Dhabi Business Centre of the Abu Dhabi Department of Economic Development, the total number of business licenses registered at the end of first quarter was 86,480 licenses for business activity licenses, 2,526 for professional activity licenses and 19,010 for trade activity licenses.

According to the Centre’s report for the first quarter of this year, the largest portion of business licenses remained that of individual enterprises with 71,418 licenses followed by limited liability enterprises with 24,063 licenses, company branches with 11,709 licenses, collective companies with 364 licenses, limited partnerships with 242 licenses, stock companies with 102 licenses, private joint stock companies with 91 licenses, and cooperatives with 27 licenses.

If you are interested in establishing a business in Abu Dhabi, then please speak to the team at Sovereign PPG the leading company formation and support service specialists in the U.A.E.