Can One Person Own a ОАЭ Company?
Yes. A single individual or legal entity can own an eligible ОАЭ limited liability company.
The ОАЭ Commercial Companies legislation permits one natural or legal person to incorporate and own a limited liability company. The legislation also contains specific naming and governance provisions for a one-person company. ОАЭ Legislation – Commercial Companies Law
A shareholder may therefore be:
The ability to hold all shares does not mean every business вид деятельности is automatically available for full foreign ownership. Strategic-impact, regulated or specially controlled activities may have separate conditions.
- A ОАЭ national
- A GCC national
- A foreign individual
- A ОАЭ corporate entity
- A foreign corporate entity, subject to documentation and approval
- Another qualifying legal person