Before it actually begins operating, a commercial enterprise must obtain a license that allows it to carry out its chosen economic activity. There are six types of license: commercial, agricultural, craftsmanship (or occupational), professional, industrial and tourism.

The Covid-19 pandemic and the resulting economic slowdown have had a major impact on small and medium enterprises (SMEs) globally. SMEs are the backbone of the UAE economy, contributing about 52 per cent of the country’s non-oil gross domestic product, according to an estimate by the Ministry of Economy in December 2019.

Coworking spaces are sweeping the world of work as the most attractive workspace option for solopreneurs, small and midsize businesses, and even large organizations.