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Frequently Asked Questions (FAQs): Membership What are the general procedures for obtaining a trade licence? What are the general terms conditions for establishing companies according to the Federal Law No.8 of 1984 Concerning Commercial Companies? What is an Individual business? What is the difference between it and a company? What are the forms of commercial companies as per the law? What are the terms and conditions and the required documents for establishing a limited liability company? What is the maximum share for a foreigner in the capital of a company that is established inside the UAE? What are the procedures and the required documents to establish a branch for a foreign company in the Emirate of Abu Dhabi? Is it possible to be relieved of the fine in case of late membership renewal? Can a licence be renewed after a week of its expiry? How to deal with commercial complaints and what is the role of the Chamber in resolving them? Are GCC nationals allowed to practise trade activities? Are there free zones in Abu Dhabi? What is the competent authority for issuing trade names? Is there an ad hoc authority to issue industrial licences in the Emirate of Abu Dhabi? How long is the validity period of a trade license? Is it permissible for GCC nationals to have full ownership of a business or a company? Is it permissible to add activities to the license of a company? Is a foreign investor allowed to take part in more than one licence? Are GCC nationals treated the same way as the UAE citizens?