UAE National Sponsor Dubai
Every foreign business person or group planning to commence a business in the mainland of Dubai needs the support of a UAE National Sponsor. A UAE national or company can act as a local sponsor, partner or representative for foreign businesses or individuals planning to set up a business in Dubai. The law of the land makes it mandatory that the UAE national, the sponsor of the business, holds a majority share (51%) in the business. The foreign investor retains a minority share (49%).
Responsibilities of a Sponsor
The sponsors support complying with legal and regulatory requirements and obtaining licenses. The sponsor also deals with compliance with local laws and assists the foreign investor with valuable insights into the local business environment. Networking with the local business community is also easier with the sponsor's support. A reputable sponsor can boost the business set up in Dubai.
How to Find a Sponsor in Dubai?
Top Focus, a leading Business Setup Consultant in Dubai, connects foreign investors with local sponsors and helps to find a suitable sponsor. Local sponsor, a term interchangeable with “local partner” can be a UAE national or company. Our PRO Service connects you to sponsors interested in collaborating with your business.
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