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Articles Of Organization For Sole Proprietorship
"I need Articles of Organization for Sole Proprietorship for my Dubai-based technology consulting business, with provision for multiple business activities including IT services and training, planned to commence operations in March 2025."
1. Article 1: Business Name and Form: States the official name of the business and confirms its status as a sole proprietorship
2. Article 2: Owner Information: Details of the sole proprietor including full name, nationality, Emirates ID/passport number, and contact information
3. Article 3: Principal Office: Physical address of the main business location and any requirements for maintaining a registered office
4. Article 4: Business Purpose: Detailed description of intended business activities and scope of operations
5. Article 5: Capital Structure: Declaration of initial capital investment and source of funds
6. Article 6: Management Structure: Authority and responsibilities of the owner and any appointed managers
7. Article 7: Financial Year: Specification of the financial year and basic accounting requirements
8. Article 8: Licensing and Registration: Requirements for obtaining and maintaining necessary licenses and registrations
9. Article 9: Amendments: Procedures for modifying the Articles of Organization
10. Article 10: Dissolution: Procedures and conditions for business dissolution or termination
1. Power of Attorney Provisions: Required when the owner wishes to delegate management authority to other individuals
2. Branch Establishments: Include when the business plans to operate multiple branches
3. Succession Planning: Recommended for family businesses or when specific inheritance provisions are needed
4. Foreign Ownership Declarations: Required for non-UAE nationals establishing business in free zones or mainland
5. Islamic Finance Compliance: Required when business operations need to comply with Sharia principles
6. Anti-Money Laundering Compliance: Required for businesses in specific sectors like jewelry, real estate, or financial services
1. Schedule A: Business Activities: Detailed list of licensed business activities and their respective codes as per DED classification
2. Schedule B: Initial Asset Declaration: Detailed list of assets contributed to the business at establishment
3. Schedule C: Authorized Signatories: List of individuals authorized to sign on behalf of the business, if any
4. Appendix 1: Required Licenses: List of specific licenses required for the business activities
5. Appendix 2: Owner's Documentation: Copies of owner's identification documents, certificates, and other required personal documentation
6. Appendix 3: Location Documents: Lease agreement or property ownership documentation for the business premises
Authors
Business License
Commercial Register
DED
Effective Date
Emirate
Establishment Card
Financial Year
Governing Law
Legal Representative
License Activities
Local Service Agent
Main License
Operating Permits
Owner
Principal Office
Professional License
Registered Address
Regulatory Authority
Sole Proprietorship
Trade Name
Trade License
UAE
Working Days
Name and Trade Name
Business Purpose and Activities
Ownership and Capital
Principal Place of Business
Management and Control
Financial Records and Reporting
Licensing Requirements
Local Service Agent Appointment
Business Operations
Compliance and Regulatory
Amendments and Modifications
Duration and Renewal
Dissolution and Termination
Dispute Resolution
Governing Law and Jurisdiction
Powers and Authority
Banking and Finance
Succession and Transfer
Notice Requirements
Retail
Professional Services
Food and Beverage
Construction
Trading
Real Estate
Information Technology
Healthcare
Education
Manufacturing
Tourism
Consulting
Fashion and Beauty
Automotive
General Commercial
Legal
Compliance
Corporate Services
Business Development
Operations
Risk Management
Administration
Finance
Corporate Governance
Business Owner
Entrepreneur
Legal Counsel
Company Secretary
Business Development Manager
Compliance Officer
Corporate Services Manager
Managing Director
Business License Coordinator
Legal Administrator
Risk Manager
Operations Manager
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