Document background
The Memorandum and Articles of Association for Sole Proprietorship is a crucial legal document required when establishing a sole proprietorship business in the United Arab Emirates. This document is mandatory under UAE Commercial Companies Law and must be submitted to the relevant Department of Economic Development (DED) during the business registration process. It outlines the fundamental aspects of the business including ownership structure, business activities, capital requirements, and management procedures. The document serves multiple purposes: it acts as proof of business establishment, provides operational guidelines, and ensures compliance with local regulations. It's particularly important in the UAE context where different emirates may have specific additional requirements, and the document must align with both federal and emirate-level commercial regulations.
