Sole establishment
A sole establishment is a business owned by one individual, with no separate legal personality from the owner.
Features
- One individual owner
- Unlimited personal liability
- Common for professional activities, often with a local service agent
- Simpler structure and documentation
When to choose an LLC instead
If you want limited liability, more shareholders later or a structure banks and investors see as more robust, a single-shareholder LLC is usually better.
Common questions
Can a foreigner own a sole establishment?
Yes, for eligible professional and commercial activities.
Official sources
We check our guidance against these official sources. Always confirm current fees and rules before acting.