At South Bridge Legal, we empower you to establish a Civil Company, a business that aims to create positive social impact while generating profits. With our expert guidance, you can combine entrepreneurship and social purpose to address pressing societal and environmental challenges. Discover the benefits, key factors, and tips for setting up your Civil Company and be a force for meaningful change. Embrace a mission-driven approach and foster collaboration for a better world. Start making a difference today with South Bridge Legal.
A Civil Company, also known as a Social Enterprise or a Social Purpose Corporation, is a type of business that aims to address societal and environmental challenges while generating profits. Unlike traditional companies that prioritize maximizing shareholder value, Civil Companies prioritize the well-being of communities, the environment, or a specific social cause.
The key characteristic of a Civil Company is its mission-driven approach, where it uses entrepreneurial principles to create positive social impact. It operates with the belief that businesses can be a force for good, using their resources and profits to address pressing social issues.
South Bridge Legal is here to guide you in establishing a powerful Civil Company that combines business with social impact. Let's work together to create a positive change and make a meaningful difference in society. Start your journey towards social entrepreneurship today with our expert support and expertise.
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A Sole Establishment, also known as a sole proprietorship, is a business structure where the trade license is issued in the name of one individual. The sole owner has full ownership and control of the business but is personally liable for all business activities and debts.
Sole Establishments can be formed by UAE nationals, GCC nationals, and foreign nationals. However, the conditions and allowed activities differ based on the individual's nationality. UAE and GCC nationals have broader activity options compared to foreign nationals.
Key features include single ownership, 100% ownership and control, full profit retention, personal liability for debts, low startup costs, quick registration process, and no minimum capital requirement.
You'll need copies of your passport and UAE residence visa, trade name options, details of your intended business activity, office type, and a copy of your local service agent's Emirates ID if you're a foreign national.
South Bridge Legal specializes in guiding entrepreneurs through the process of setting up a Sole Establishment in the UAE. With our expert guidance, you can confidently navigate the process and turn your entrepreneurial dreams into reality.