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Setting up Sole Proprietorship LLC in Abu Dhabi Dubai
- Location: Dubai, Dubai, Dubai, United Arab Emirates
Abu Dhabi allows its ******** and residents of Gulf Cooperation Council (GCC) nations to establish single trade firms in the Emirate. These firms are called sole proprietorships as they are owned by a single person who holds a valid trade license in their own name. Therefore, the owner is solely responsible for all of the entity's financial duties and liabilities. Unlike a Limited Liability Company (LLC) which requires at least 51% of shares registered to a UAE sponsor, a sole proprietorship LLC Abu Dhabi allows its foreign owner to own 100% shares of the company. Need assistance with setting up a business in the UAE? Connect with Shuraa Business Setup.
https://www.shuraa.com/sole-proprietorship-in-abu-dhabi/
Useful information
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- Don't buy or sell outside of your country. Don't accept cashier cheques from outside your country
- This site is never involved in any transaction, and does not handle payments, shipping, guarantee transactions, provide escrow services, or offer "buyer protection" or "seller certification"
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