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What are the types of license provided by ZonesCorp?

April 26, 2017company registration license provided setting up business types zonescorp

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What are the types of license provided by ZonesCorp?

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Only industrial license • What are the types of companies provided by ZonesCorp? a. General Partnership Company b. Simple Limited Partnership Company c. Partnership Limited with Shares d. Limited Liability Company e. Private Joint Stock Company f. Public Joint Stock Company g. Branch h. Local Establishment i. Joint Participation (venture) Company • Does ZonesCorp finance projects? No, ZonesCorp doesn’t provide financing services to the projects. • Can I have license from ZonesCorp, but operate in any other Emirates? The License issued from ZonesCorp is valid for operation only inside Abu Dhabi (ICAD) and Al Ain Industrial City (AAIC). It cannot be used to set up a business outside ICAD or AAIC. • Do I need a local partner to invest in ZonesCorp? Yes as per DOF law the percentage is 51% for the UAE partner and & 49% for the foreign partner. For GCC nationals, the percentage is 100%. • Is it possible to change the activities covered in the license? Yes, but after obtaining the approval f