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Local Sponsorship
Local Sponsorship In Dubai
If you are setting up in Dubai or any other part of the UAE mainland in the following industries, you will require a local sponsor: up Your Business in Country
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Banking, financing and insurance activities
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Water and electricity provision
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Sponsor Your Spouse
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Road and air transport
A local sponsor is appointed by an overseas investor to hold a 51% stake in a UAE business. While the sponsor holds a controlling stake, they have no decision making power and do not interfere with day-to-day operations. They also do not take 51% of the profits. Instead, sponsors are paid an annual fee for their services. Sponsors can be individuals or corporate entities.Outside of these industries and others like them, you may be able to retain 100% ownership of your business. However, you will need to apply to the Dubai Department of Economic Development (DED) for permission to trade.
We stand for quality, safety & credibility, so you could be trust us fully about city government and our working process.
Finding a local sponsor in Dubai Like any vital business decision, finding and appointing a local sponsor should not be taken lightly. While you are not business partners in the traditional sense, you will need to have a strong and trusting relationship with your sponsor. For this reason, it can be hard for entrepreneurs new to the UAE to be sure they have found the right match. That’s why the best way to find a local sponsor is to work with an expert such as Business Incorporation Zone (BIZ). We can help you find a trusted sponsor, giving you peace of mind that your business is always in safe hands.
Local Sponsorship In Dubai Process
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Select
Local Sponsorship -
Fill
Online Form -
Submit
Application -
Local Sponsorship
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Local Sponsorship
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