The company shall also be required to provide an insurance policy of value AED 1 million against civil liability arising from practising the profession. Surveyors & Loss Adjusters are the companies and individuals responsible for detecting and assessing damages that occurred in the subject matter of the insurance.įor companies to be registered, capital must not be less than AED 1 million, of which UAE nationals must own 51 per cent. The company shall be required to deposit a bank guarantee of value AED 1 million issued by a bank licensed in the UAE. The company’s capital must not be less than AED 5 million, of which, 51 per cent must be owned by UAE nationals. providing advisory services in subscription.establishing a network with service providers.
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