To set up a business in Dubai Mainland you are required to engage a local sponsor with your business. It is a UAE national who acts as a service agent of the business. The local shareholder will own 51% of the company, deal with the government, obtain labor and immigration approvals and visas, so it is important to find a reliable person to collaborate with.
You can choose a type of local sponsorship required according to the activity of your business:
In this type, your business is sponsored by a UAE national company. The sponsor owns 51%, the annual fee is agreed upon in Court. You need this type of sponsorship if you are going to setup a limited liability company (LLC), a trading company or a manufacturing unit.
Individual Sponsorship is rather similar to Corporate Sponsorship, except the shareholder is a person, not a company. An Emirati national holds 51% of the shares and liability of the company. If you set a fixed fee, this person can represent your business as an attorney. It is needed if you establish an LLC or a trading company.
A local service agent represents your company, deals with the authorities for a fixed fee. In this case, you own 100% of your business, so it is possible to have one if you are going to get a professional license or setup a new branch of a foreign company in the UAE.
Our team is at your service to find local sponsors for your business, or to be your Local service agent.
