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Does my Business Still Require a Local Sponsor for Business in UAE?
Only if your Business is Commercial or Industrial
Let us help you find the a Local Sponsor for your Business
FIND A LOCAL SPONSOR IN THE UAE
One of the most common questions asked by first-time entrepreneurs in this part of the world is whether they need a local sponsor (Nominee Shareholder) in Dubai. The answer depends on many factors, including your nationality and the type of business you wish to set up.
If you’re a non-Gulf Cooperation Council (GCC) national looking to set up a business with a commercial or industrial licence on the United Arab Emirates mainland, then yes, you will need a local sponsor as a business partner. If, however, you are setting up in a free zone, or your business activity is covered by a professional services licence, a local sponsor is not required.
If your business does require a local sponsor, Express Business Services is on hand to help.
First, you’ll need to establish a mainland Limited Liability Company (LLC)—of which you retain 49% ownership with the other 51% going to the local sponsor. Rest assured, however, that profits are not split along the same lines and your local partner will have little-to-no say in the day-to-day running of your company.
Finding a local sponsor in Dubai, can be a demanding process for startups and new entrepreneurs. The local sponsor must either be a UAE national (also knows as an Emirati) or a corporate entity. The corporate entity must be completely owned by UAE nationals and comprised of a board of directors.
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★★★★★ 5/5
“I am grateful to Express Business Dubai in helping me setup my Health Training and Gym The services were smooth and they genuinely care about helping their clients..”
Korey Torres
★★★★★ 5/5
"Express Business Dubai made setting up my business a breeze. Their genuine care and seamless support turned a daunting task into a smooth success. From paperwork to actual setup, they had my back. Thanks to them, I'm up and running smoothly, and I couldn't be happier."
Terry Dennis
★★★★★ 5/5
“Highly recommended! They have such a big variety of services that I can always rely on them to help our company with legal and government related services!”
Katy Gilmore
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