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Sole Proprietorship vs LLC in the UAE

Al Manara

Dubai

Classifieds

Business

Businesses Consultancy

Description

In Dubai, starting a business follows a simple process. However, there are many critical steps that must be followed, and one such decision is choosing the right legal structure for your business. The legal structure determines the business owner’s liability, taxation implications, and operational flexibility of a business. Two of the most common types of business structures chosen by entrepreneurs in Dubai are the LLC and sole proprietorship. Now, the question arises: sole proprietorship vs LLC in the UAE, which is the right choice for you? A sole establishment offers ownership independence as a single-man show, whereas an LLC in the UAE offers the safety of protecting the owner’s personal assets.