Sponsorship for Dubai Economic Department Companies for Business Set up in Dubai
The majority of Dubai LLC licenses require at least 51% of the shareholding to be locally owned. This means that the majority of every local Dubai business set up is Emirati owned and controlled. In the event a foreign person or company wishes to open a company or branch locally, they can choose to select a local person to act as Sponsor to hold the 51% shareholding.
Choosing the right sponsor is crucial to the harmony of the business relationship between the founder and sponsor.
Vital as a Business set up consultant in Dubai works with a few very select and vetted sponsors that can add value to the business. Our Sponsors have experience and expertise in different areas of industry to assist the business in development and choosing one relevant to your business and the involvement you require can be a key factor in your success.