Company Formation · One founder, limited liability
Single-Person Company
A company owned by one natural or legal person, whose founder is liable for its obligations only up to the capital allocated to it. It lets you operate through an independent legal entity without partners.
At a glance
- Owners
- One owner
- Liability
- Up to the company's capital
- Management
- The owner or an appointed manager
- Trade name
- Derived from its purpose or the owner's name
Suits
- An entrepreneur starting alone
- A sole trader who wants to separate personal assets from the business
- An existing company wanting a wholly owned arm
Advantages
- Protects your personal assets from business debts
- Fast decisions with no partner approvals
- A formal entity that eases dealings with banks and clients
Keep in mind
- Partners can only join by changing the legal form
- Company and owner funds must be kept strictly separate
Formation steps with us
- 1
First consultation
We understand your plan and set out requirements and timeline.
- 2
Choosing the entity
We compare legal forms and recommend the best fit.
- 3
Trade name
We check the proposed name and follow its approval.
- 4
Memorandum
We draft the founding contract to protect every partner.
- 5
Registration
Commercial Registry entry and tax registration.
- 6
After formation
Contracts, amendments, investor residency and ongoing support.
Questions about Single-Person Company
Requirements vary by entity and activity; we send the exact list for your case after the first consultation.
Can a single-person company later become an LLC?
Yes. The legal form can be changed when partners join, and we handle the conversion and contract amendments.
Can an existing company form a single-person company?
Yes. The owner may be a legal person, such as an existing company forming a wholly owned subsidiary.
What is the minimum capital?
Capital requirements are set by law and its regulations and may change. We confirm the current requirement for your activity in the first consultation.
Ready to form your company?
Book your first consultation and we will send you the proposed entity, required documents and expected timeline.