These structures are applicable to new businesses set up within Dubai, excluding all free zones The Department of Economic Development lays down acceptable legal structures for companies based in Dubai. The rules and regulations for each of these vary accordingly and the categorisation is based on the ownership of the firm. If you are a foreign national, you may want to go for a free zone license if you want 100 per cent ownership of your business. 1. Sole Proprietorship A sole proprietorship firm is a legal entity owned and operated by a single individual. He/she will be in complete control of operations and profits, while being 100 per cent liable for debts or any other financial obligations. Things to know 1. A commercial or industrial type sole proprietorship can be owned only by UAE nationals or GCC nationals. 2. The owner of a consultancy type of sole proprietorship should have a scientific qualification for the activity selected. 3. A sole proprietorship firm can have o...