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Sole Proprietorship Articles Of Incorporation
"I need Sole Proprietorship Articles of Incorporation for my Dubai-based e-commerce business, owned by a UAE national, planning to start operations in March 2025 with potential for future branch expansion in Abu Dhabi."
1. Parties: Identifies the owner/proprietor establishing the business, including full legal name, nationality, and Emirates ID/passport details
2. Background: States the intention to establish a sole proprietorship and brief context of the business formation
3. Definitions: Defines key terms used throughout the document, including legal and business-specific terminology
4. Establishment and Trade Name: Declares the establishment of the sole proprietorship and specifies the approved trade name
5. Business Address: Specifies the official registered address and place of business
6. Business Activities: Details the licensed business activities as per DED classification
7. Capital and Financial Liability: States the initial capital investment and acknowledges unlimited personal liability
8. Management and Operation: Outlines management structure and operational control
9. Financial Records: Stipulates requirements for maintaining business accounts and records
10. Duration: Specifies the term of the business (if any) and renewal provisions
11. Dissolution and Liquidation: Provides procedures for business dissolution and asset distribution
1. Power of Attorney: Required when delegating management authority to another person
2. Branch Establishments: Included when planning to establish multiple branches
3. Succession Planning: Optional section for defining inheritance of the business
4. Islamic Law Compliance: Required for businesses operating under Islamic banking principles
5. Local Agent Provisions: Required for foreign owners needing a local service agent
6. Intellectual Property Rights: Included when the business owns significant IP assets
1. Schedule 1 - Business Activities Detail: Comprehensive list of licensed activities with DED codes
2. Schedule 2 - Initial Asset Declaration: Detailed list of assets contributed to the business
3. Schedule 3 - Management Authorization Matrix: Details of delegated authorities if applicable
4. Appendix A - Identity Documents: Copies of owner's identity documents and certificates
5. Appendix B - Initial Location Documents: Lease agreement or property ownership documents
6. Appendix C - Required Licenses: Copies of mandatory licenses and permits
Authors
Retail
Professional Services
Hospitality
E-commerce
Trading
Construction
Real Estate
Technology
Healthcare
Education
Consulting
Manufacturing
Food and Beverage
Tourism
Personal Services
Legal
Compliance
Corporate Governance
Business Development
Operations
Administration
Risk Management
Corporate Affairs
Commercial
Business Owner
Entrepreneur
Legal Counsel
Company Secretary
Corporate Lawyer
Business Development Manager
Compliance Officer
CEO
Managing Director
Operations Manager
Legal Administrator
Risk Manager
Commercial Director
General Manager
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