Industrial license is issued to companies involve in manufacturing of various products from raw material to finished goods or they may involve in manufacturing of raw material which may be used further by different industries to manufacture final products.
There are free zone industrial license and mainland industrial license and both has different requirements and shareholder structure.
Share structure for free zone industrial license:
Expats can hold 100% shares in industrial license registered in the free zone or an entity based out side or inside the UAE can also hold 100% shares.
Share structure in Mainland companies:
Local UAE sponsor is mandatory to register industrial license in UAE mainland and he will hold 51% shares as per UAE local law and 49% can be hold by expat or any corporate entity based in UAE or outside the UAE.
What facility is required for industrial license?
Warehouse unit is mandatory to register industrial license and size of the warehouse is depending upon the type of industrial activity.
Is there a third party approval required for industrial license?
To obtain industrial license from mainland, approval is required from municipality, industrial authority and any other UAE authority depending upon activity will be required.