Sole Proprietorship Company
Sole Proprietorship Sharjah
The UAE offers a modern legislative framework that enables business setup for investors of all sizes in Sharjah. A sole proprietorship in Sharjah is a legal entity owned and operated by a single individual, with a trade license issued in their name. The owner assumes full responsibility, including financial liabilities. While professional service-based businesses are exempt from the Commercial Companies Law, licensing from the Department of Economic Development (DED) is still required.
Earlier, businesses owned by non-GCC nationals were required to appoint a local agent to obtain licenses, visas etc. but that’s not the case now. A sole proprietorship company need not appoint a local agent.
Benefits
- Full autonomy and control over all aspects of your business, from operational decisions to long-term strategic planning, without any external interference.
- Flexibility to choose the location for your office space based on your preferences, convenience, and budget.
- The UAE government has permanently waived paid-up capital requirements for sole proprietorship setups.
Documentation required
- Business application form
- Name, address, and a copy of the sole proprietor’s passport
- Certified Evidence of registered address of the business.
- Proof of education, professional qualification or experience (if required).
Corpin Consultants offers specialized expertise in assisting clients with the establishment of their sole proprietorship businesses. Our experienced team is well-versed in the intricacies of company formation in Sharjah, equipping us to guide your business towards a solid foundation in this dynamic economy.
With Corpin Consultants, you can rest assured that every aspect of your sole proprietorship setup will be expertly managed, allowing you to concentrate on driving your business forward with confidence.
