The need for a Local Sponsor (Nominee Shareholder) in Dubai depends on various factors, such as your nationality and the type of business you intend to establish. Non-Gulf Cooperation Council (GCC) nationals who plan to set up a business with a commercial or industrial license on the UAE mainland will require a local sponsor as a business partner. However, if you choose to set up your business in a free zone or if your business activity falls under a professional services license, a local sponsor is not necessary.
When setting up a mainland Limited Liability Company (LLC) in Dubai, you will need to allocate 51% ownership to a local sponsor, while retaining 49% ownership for yourself. However, it’s important to note that the local sponsor’s involvement in your company’s daily operations is minimal, and profits are not divided in the same proportion.
Finding a local sponsor in Dubai can be a challenging process for startups and new entrepreneurs. The local sponsor can either be a UAE national (Emirati) or a corporate entity wholly owned by UAE nationals, with a board of directors.
Engaging a local sponsor and relinquishing a 51% share of your company can be a concern for many entrepreneurs. That’s why our corporate sponsorship service is designed to provide you with complete peace of mind.
With our service agents, you won’t have to spend time searching for and establishing a relationship with an individual sponsor. Instead, we offer a premium corporate nominee who will serve as your 51% local sponsor in Dubai.
Our primary goal is to ensure that you maintain 100% financial and operational control while safeguarding your shareholder rights in your Limited Liability Company.
The agreements and documents we utilize are drafted by top-tier legal experts and have undergone thorough testing for over a decade. We will equip you with all the necessary documentation to protect your business.
No Interference from the Sponsor
With corporate sponsorship, entrepreneurs maintain complete control over their business, even if the local sponsor holds a narrow majority of company shares. The corporate local sponsor typically does not interfere in the day-to-day operations, allowing business owners to retain full management of their staff, clients, and service offerings.
Easy Process
As premier business setup consultants in Dubai and the UAE, we takes care of all the heavy lifting. We offer a comprehensive one-stop-shop for company formation, managing the entire process from start to finish.
This means you won’t have to navigate multiple government departments or authorities to get your business up and running.
In-Depth Proactive Contracts
Side agreements can often be complex and challenging. Fortunately, corporate sponsorship provides an advantage in this area. Many corporate sponsors offer detailed contracts, carefully drafted by top-tier legal counsel. These contracts ensure that the rights of the business owner and shareholders are fully protected, providing peace of mind throughout the sponsorship arrangement.
We offer premier corporate nominee services to serve as your 51% local sponsor in Dubai for your LLC company. Our primary objective is to provide you with 100% financial and operational control while safeguarding your shareholder rights.
Our agreements and documents are meticulously crafted by top-tier legal experts, ensuring their effectiveness and reliability. With nearly a decade of experience, we continuously update our practices to remain at the forefront of the industry.
Our dedicated team has been providing comprehensive support in company formation, license renewal, visa services, and more. As a trusted one-stop shop for company formation, we offer personalized service and a dedicated service agent to cater to all your corporate service needs.
In addition to LLC companies, we also assist in establishing various other entities in the UAE mainland, including branches, representative offices, sole establishments, and civil companies.
Choose us for LLC sponsorship and experience our commitment to empowering your business through efficient processes and unwavering support.
@Copyright 2010 EFG Project Management services. All Rights Reserved – Legal Disclaimer | Privacy Policy
