Company Local Sponsership
Corporate Services in Dubai Business Services provides you with a highly reliable, trustworthy, and dedicated company local sponsor at affordable annual fees, you can confidently establish and operate your business in the UAE.
If you’re a foreigner looking to invest and succeed in the UAE, a local sponsor is crucial for meeting the country’s company laws and regulations. This sponsor can be either an individual or a corporate entity.
Unlike the challenges of finding a suitable sponsor independently, we offer a hassle-free solution. Our professional services will save you time, money, and effort while ensuring compliance with all necessary documents and procedures.
Moreover, our local sponsor is always readily available and offers competitive annual fees.
Table of Contents
What is a Local sponsor in the UAE?
A local sponsor is essential for most foreign businesses operating in the UAE. They act as local partners, ensuring compliance with local laws and regulations.
When selecting a sponsor, consider their reputation, experience, and ability to provide the specific services you need. Compare fees and terms to find the most competitive arrangement. Choose a sponsor who is responsive, easy to communicate with, and readily available. Most importantly, ensure that the sponsor aligns with your business goals and can support your company’s growth and success in the UAE market.
Types of Company Local Sponsorship:
-
Company Local Sponsor in Limited Liability Company
According to UAE company law, starting an LLC company must be owned with a minimum of 51% equity by a UAE national. This applies to a mainland onshore location, which is a non-offshore or non-free zone location. Therefore, only UAE nationals or companies owned wholly by UAE nationals, meet the legal partner requirement for foreign investors setting up LLCs onshore.
-
Company Local Service Agent
Since the UAE Government announced in June 2021 that 100% foreign ownership is now permissible for a wide range of business activities, including trading, manufacturing, transportation, production, and services, foreign investors can establish businesses in Dubai without a local partner or sponsor.
However, certain activities still require a local service agent. These activities and legal forms typically include:
Branch of a Foreign Company:
Representative Office: Primarily for sales and marketing activities. Cannot engage in commercial trading.
Full Foreign Branch Office: Can undertake the same activities as the parent company and engage in commercial trading.
Sole Establishment: A company owned by a single expatriate individual.
Civil Company: A company owned by multiple expatriates. Specific requirements may vary depending on the nature of the business activities.
Note: The service agent typically does not hold equity in the company or participate in its operations. The fees for service agent services are generally charged on an annual lump sum basis.
Why choose our local service agent for your company?
By choosing us as your local sponsor, you can benefit from our expertise, comprehensive services, and commitment to excellence.
Our local service agent will be paid an annual fee based on an agreed-upon amount. This agent is independent of the company and has no ownership rights or involvement in its operations.
We are dedicated to helping you establish and grow your business successfully in Dubai. Moreover, we offer competitive rates for our local sponsorship services, which may vary depending on the nature of your business activity.
One of the best advantages of working with us is the easy accessibility of our local service agent. Whenever you need their Emirates ID or assistance with signing documents, they are always readily available.