The United Arab Emirates issued 4,201 new economic licenses during the month of June, bringing the total number of licenses registered in all emirates to about 652,885 licenses.

According to the Emirates News Agency, the data of the National Economic Registry showed that the total number of licenses registered in Abu Dhabi, Dubai, and Sharjah amounted to 530 thousand and 165 licenses, thus acquiring 81.2%. Of the total number of licenses issued in all emirates of the country.

More details .. The total number of licenses for economic activities in the Emirate of Dubai reached about 300 thousand licenses by the end of June of the year 2020, constituting approximately 46% of the total Licenses registered in all Emirates.

As for the Emirate of Abu Dhabi, the total number of licenses for economic activities issued until the end of June of the year 2020 reached approximately 145,660 licenses, constituting 22.3% of the total The number of licenses included in the statistics of the National Economic Register.

At the level of the Emirate of Sharjah, the total number of licenses for economic activities reached 84 thousand and 505 licenses, at a rate of 13%, while the rest of the activity licenses are distributed to the Emirates of Umm Al Quwain, Ajman, Fujairah and Ras Al Khaimah .

It is clear from the statistics that individual institutions made up about 41% of the total number of licenses issued in all emirates in terms of the legal form of companies, while the percentage of companies with limited liability towards 38% of the total number of licenses. The rest of the percentage is distributed among other legal forms, including public and private joint stock companies, single-person companies, simple recommendation companies and other forms.

It is noteworthy that the National Economic Register is a federal electronic platform developed within government accelerator initiatives, supervised by the Ministry of Economy, and aims to adopt tools of knowledge economy by providing data Accurate, comprehensive and immediate economic licenses based in the UAE.