A sole proprietorship is an entity owned by one individual with the trade license issued in his or her own name. The owner assumes all the financial responsibilities of the entity including all its financial liabilities. The allowed activities to conduct are medical services, engineering consultancies, legal practice and consultancies, computer consultancies and similar services provided that such an investor should hold a valid and legal UAE residence permit. However, The Company should have a local service agent according to service agency contract authenticated by a Notary Public. A sole proprietorship firm is a legal entity owned and operated by a single individual. He or she will be in complete control of operations and profits, while being 100 percent liable for debts or any other financial obligations.

Advantages of a Sole Proprietorship or an Establishment

  • Foreign professionals can retain 100% foreign ownership in the business while being registered the company as a sole establishment

  • The company can legally practice professional services anywhere in the UAE

  • No restrictions on size of office to be leased

  • The government has permanently waived any paid up capital requirements.

Our Services Include

  • Prepare detailed corporate documentation (MOA, POA, AOA etc)
  • Fulfil obligatory management of company
  • Account maintenance
  • Arrangement of registered working space with all the amenities as per specification
  • Provision of appropriate level of man power where required
  • We arrange reliable local sponsors or local service agents for the entities
  • Company registration amendments
  • Feasibility study report & Business Plan
  • Organizing exclusive meetings with authorities
  • Renewal of License
  • Accounts & Auditing service
  • All sort of PR services (Ministry of Labour & Immigration etc)

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