About local sponsors in UAE

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About local sponsors in uae
Business Link UAE
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Business Link UAE

• As per the UAE law, In a Mainland Business Setup,
  the foreign investors need to have a local agent
  as a sponsor.
• This local agent has to be an Emirati (UAE
  National) with a family membership card.
• These sponsors are normally not involved in any
  company activities and we just need local agents
  to get business approvals from the government.

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Business Link UAE
Different type of Local Sponsors in UAE

• Individual Local Sponsors
• An individual local agent will sponsor your
  business
• And also Hold the 51 share of your company.
• The individual sponsor must be a UAE national and
  can be of any gender.

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Business Link UAE

• Corporate Local Sponsors
• A corporate local sponsor is similar to
  individual sponsors, here the sponsor is a UAE
  national company (Emirati company).

• Local Service Agent as a Sponsor
• The local sponsor is a service agent who is a UAE
  national and agrees to act as a sponsor.

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Business Link UAE
Are you going to set up a business in Dubai???
Better to find a business setup consultant who
can easily find a trustworthy local or corporate
sponsor for your mainland business setup.
SOURCE https//businesslinkcompanysetupuae.blogsp
ot.com/2020/11/Local-sponsors-in-UAE.html
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