For Dubai Mainland companies, do you need a local sponsor holding at least 51% of your business?



January 30, 2018

For Dubai Mainland companies, do you need a local sponsor holding at least 51% of your business?

Not necessarily, no. A local sponsor is only required in certain type of businesses.

If you are setting up a professional related business, a consultancy or a hair dressing salon for example, you would require a what's called a LOCAL SERVICE AGENT. The key benefit of having a local service agent is that they hold no share in your company structure. Which means, the expatriate has 100% control and no third party will be present in the company structure. This is the service CREATIVE ZONE can provide as your corporate service agent.

CREATIVE ZONE has been setting up DED companies for the past 7 years and we have a team of account managers, advisors and PROs to help you not only with your company setup but for the lifetime of your company.

Call +971 4 567 7333 or visit www.creativezone.ae to find out more. Ask about our Flexible Payment Plans.

 


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