The total number of licenses for economic activities registered in the UAE reached 648,684 licenses by the end of May 2020, an increase of 1035 licenses compared to April of the same year.
According to the Emirates News Agency, the follow-up on the movement of economic activities in the country showed that the largest percentage of the increase in licenses since the beginning of the current year came from the high frequency of demand for activity licenses. E-commerce, whether for goods or services, to meet the growing needs for this type of service in the local market.
In detail, at the level of each emirate, the emirates of Abu Dhabi and Dubai still account for 68.4% of the total number of licenses for economic activities issued in the state, which reflects the concentration of the largest part of the activity Both commercial and economic.
The total number of licenses issued in the emirates of Abu Dhabi and Dubai was 443766 licenses at the end of last May, according to the National Economic Register that is supervised by the Ministry of Economy, and as it arrived The total number of licenses for economic activities in Dubai amounted to 300055 licenses, as the number in the Emirate of Abu Dhabi reached 143711 licenses.
The rest of the number of licenses documented by the economic registry were distributed among the emirates of the other country, foremost of which are the Emirate of Sharjah, Ras Al Khaimah, Fujairah, Ajman and Umm Al Quwain.
It is clear from the figures that approximately 64.2% of licenses for economic activities in the UAE are classified under the category of limited liability companies and individual corporation.
