UAE Local Sponsor

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According to the UAE Government Rules, to start a mainland company, an expat must have a UAE National as a partner in the license.

The equity share distribution will be based on the legal structure of the company. For Limited Liability companies, at least 51% of the equity shares will be with UAE National and balance 49% shares will be with Expat. For the Professional company, Expat will be eligible for 100% of the equity shares and UAE National will act as a Local Service Agent. The UAE National will be only a sleeping partner in the company license. The profit sharing can be mutually agreed upon by the concerned parties. Whereas the business operational powers can be fully granted to the Expat.

Looking for a reliable local sponsor? Contact Enterprise House today and the most reliable local sponsor in Dubai.

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