Single-Person Company
• Company Formation
Your business in your name, your liability within the company’s capital
Law No. 4 of 2018 allows one person to form a company and own all of its capital, without a nominal partner. The founder is, in principle, liable only up to the capital allocated to the company, but that protection depends on keeping the company’s money genuinely separate from the founder’s own.
• When does this form fit?
- A sole founder who does not want to add a partner just to meet a minimum number.
- An existing business owner who wants to separate personal assets from business obligations.
- A company that wants to set up a wholly owned subsidiary.
- A venture that expects partners later and needs a structure that can convert.
• What our support covers
How we handle the file
- Reviewing the activity and whether it can be carried out in this form.
- Drafting the statutes and setting up management.
- Following up incorporation until the commercial register and tax card are issued.
- Explaining what keeps the founder’s assets separate from the company after incorporation.
- Arranging conversion to another form when new partners join.
• Documents
What incorporation usually requires
- The founder’s details and identity document, or the corporate documents if the founder is a company.
- The proposed trade name and its availability check.
- The activity, capital and manager.
- A document for the registered office.
Documents vary by case and by the competent authority; we confirm the final list after reviewing your case.
• Common pitfalls
What can delay the file?
Mixing company money with the founder’s personal money, which may cost the founder limited liability.
Choosing this form for an activity that cannot be carried out through it.
Overlooking how a later partner affects the legal form and the steps required.
Running the company like a personal business without separate books, although it carries corporate accounting and tax obligations.
• FAQ
Questions we often hear before incorporation
Who can form a single-person company?
One natural or legal person who owns all of the capital.
Is the founder’s liability always limited?
In principle, yes, up to the capital allocated to the company. The law does impose personal liability in specific cases, such as mixing company and personal funds.
What happens if a partner joins later?
The legal form and procedures must change, and we review the right route before the partner comes in.
• Related routes
Your file may also involve
• Your next step
Starting your business on your own?
Send us your project details; our team will review them and contact you about the next step.
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