As per the UAE Companies Law and UAE Civil Law local sponsor is referred to local service agents and nominee shareholders (sleeping partners) with foreign investment. A local sponsor has to be an Emirati (UAE national) with a family membership card (Gincia). For the Mainland business formation in UAE with limited liability, a local sponsor has to be mandatorily appointed.
Xpand assists you in successful company registration in UAE by finding a reliable UAE national to act as your local sponsor or local service agent. Being one of the leading business set up consultants in UAE, sincere highly educated Local SPONSOR with a dynamic personality,100% authentic without any involvement on business activities; and gives sponsorship as per UAE law to set up your business in U.A.E.
Being an obligatory prerequisite, it's a genuine, unavoidable challenge for foreign investors to find the right local sponsor in Dubai, UAE appropriate for their line of business.
A UAE national who holds 49% local equity involved in a partnership as per the UAE Companies Law and UAE Civil Law being considered as a corporate sponsor
A UAE national who holds 51% local equity involved in a partnership as per the UAE Companies Law and UAE Civil Law being considered as a corporate sponsor
A UAE national who holds the shares on behalf of the actual or beneficial owner as per the UAE Companies Law and UAE Civil Law considered as a nominee Partner
A UAE national who holds 49% local equity involved in a partnership as per the UAE Companies Law and UAE Civil Law being considered as a Sleeping Partner
For the establishment of an LLC, a local sponsor holding 51% company share is critically very serious.
Xpand assists you in successful company registration in UAE by finding a reliable, trustworthy and secure UAE national or Emirati to act as your local sponsor or local service agent. Being the most reputed business set up provider in UAE, our expert team of professionals specialize in offering back-to-back business solutions ranging from licensing, local sponsorship to the actual office set up in UAE. Our local sponsorship service does not end with liaising with the government departments and authorities but goes far beyond that.