Sole Proprietor Company

A sole proprietorship in Dubai is a legal entity owned and operated by a single individual, known as the sole proprietor. The sole proprietor is in complete control of the company’s operations and profits, and bears unlimited liability, that is, he/she is fully liable for the company’s debts or and obligations.

A sole proprietorship in Dubai can be formed only by a UAE national or a national of the Gulf Cooperation Council (GCC). For a non-UAE national, establishing a sole proprietor company would require him/her to have a residence permit and a local sponsor, who can be a Dubai national or company. In case the sole proprietor is to carry out a professional or commercial activity, he/she must obtain the appropriate licence.

The following documents must be filed with the Trade Register to set up a sole proprietor company in Dubai:

  • Business application form
  • Licensing application form
  • Name, residence permit and passport copy of the sole proprietor
  • Details of the local sponsor, in case the sole proprietor is a foreign citizen
  • No-objection letter by the sponsor, if applicable
  • Proof of registered address of the company
  • Details of the local sponsor, in case the sole proprietor is a foreign citizen
  • No-objection letter by the sponsor, if applicable
  • Proof of registered address of the company

Company formation in Dubai is a lucrative choice, and it is pivotal that a businessperson selects the most appropriate company structure to conduct one’s operations. Commitbiz supports companies globally to set up their business in Dubai, by handling all the formalities and legalities from start to finish. Our team of experts has years of expertise in company formation in Dubai, which can aid your business in gaining a robust foothold in this growing economy.Contact us for business setup services in Dubai, and we’d be glad to assist you.