The number of active companies in the United Arab Emirates increased by 12% during the first half of 2024, reaching 896,000 licenses compared to the end of 2023 when it was around 800,000. Limited liability companies saw a 7.6% increase, with 269,100 companies/licenses accounting for 30% of the total. Sole proprietorships increased by 3%, while one-person companies grew by 21%. Local company branches increased by
UAE’s Economy Thrives with 12% Increase in Active Companies During First Half of 2024
