Since you have put this question under Microsoft Entra tag, I believe you are trying to create VM in Azure. And you want to know what license is required to create a VM in Azure.
You need to have an Azure subscription to create a VM. You can follow below article to create a VM in Azure,
https://learn.microsoft.com/en-us/azure/virtual-machines/windows/quick-create-portal
And later to manage VM you need to create a separate role in Azure,
Below are the list of default role that are present for managing VM in Azure, Also there are permissions listed under each role.
Let me know if you have any further questions on this.
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