LOCAL SPONSORSHIP
When it comes to doing business in the UAE market, the ideal license to work is the Mainland License. For setting up in UAE on a mainland license, you’d need a local business sponsor in Dubai or local partner/company as a local agent on your license. In the case of manufactures/producers/industrial, this local partner or local sponsor for business in Dubai will hold at least 51% shares of the company, whereas for the services sector you can completely hold the 100% shares of your company, local will not hold any shares in the company, his name will be on the license as local sponsor for business in Dubai or local Service agent. Though the following can be asserted by the UAE government with the amount of investment and the business activity as well. Last year UAE government has announced 100% ownership of Mainland companies on the basis of business activity and investment.
We, at Probity Corporate Services, get you a very reliable, trustworthy, and cooperative company that can act as a local business sponsor in Duani or a local agent both a corporate sponsor or an individual sponsor when you register your business with the mainland license for a substrate option-based annual fee.