Reliable Local Sponsor for Business Setup in Dubai

Setting up your own business in Dubai can be complicated for international entrepreneurs if they don’t have complete knowledge of company formation procedures in UAE like which location suits best for their business, what are the initial steps for trade name registration and many other important legal documentations activities.

One of the most common issues is related to foreign ownership. The company ownership depends on the location where you want to start your business in Dubai. You have two options for business location to start. One is Dubai Mainland and another is Free Zone company formation.

To establish a business in Dubai Mainland, a foreign investor is required to have a local sponsor for many legislation processes. According to the Department of Economic Development (DED), there are a numbers of benefits of business setup in Dubai Mainland. Some of them are:

• Business owner is also allowed to do business with local market of UAE
• No restrictions on visa application
• No restrictions on business property as well as business activities

 Who is Local Sponsor?

A local sponsor is an UAE national who acts as a sleeping partner for your company in Dubai. Being a mandatory requirement, it’s a real, inevitable challenge for foreign investors to find the right local sponsor in Dubai, appropriate for their line of business. You do not need to share your business profit with sleeping partner but you have to pay an annual fee to him. Also local sponsor does not play a particular role in your business activities.

Local sponsor for company formation in Dubai

Getting a well-educated local sponsor is very important to start a business in Dubai Mainland. We at “Business Link UAE” help you to get a trustworthy and reliable UAE national for your company formation that will act as a local agent or sponsor. We are also specialized to provide PRO services and complete solution for business setup in UAE.