Find a Local Sponsor

According to the UAE Companies Law, the business setup of a Mainland Limited Liability company that involves foreign investment mandates the involvement of a local sponsor. The business partner must be a UAE national or a corporate entity. Finding a local sponsor in Dubai, UAE for the business always remains a demanding task for startups and new entrepreneurs in the Emirates.
A local sponsor is a UAE national or a citizen of UAE (locally known as Emirati). The local sponsor does not interfere in the day-to-day operations of the LLC company. The foreign company is bound to pay a lump sum amount every year for the services offered by the local sponsor in Dubai, UAE. A corporate business partner is similar to a local business partner and the difference is that the former is a business entity and the latter is an individual. If you are stuck with the task of finding a reliable local sponsor in Dubai or UAE, entrust the job to Al Rayeesi Business Services