The UAE has been attracting a large number of foreign investors and entrepreneurs for several years now. Its economic structure, commercial opportunities and geographic location and reach make it one of the popular places to start a business. However, many first-time entrepreneurs are unaware of the Corporate Sponsorship concept in the country.
According to UAE law, any foreign-owned company wanting to register a company in the UAE mainland is required to partner with a local sponsor.
A local sponsor can be either of the following:
- Individual Sponsor – must be an Emirati (UAE national) only
- Corporate Sponsor – a UAE-based company wholly owned by an Emirati or a UAE national
How Smart Zone can help you set up in the Mainland
At Smart Zone, we acknowledge that several entrepreneurs worry about passing off 51% of their company shares to a local sponsor; that is why we are providing Corporate Sponsorship services to give you peace of mind.
There is no need to look for a UAE individual and build a relationship with a UAE national when partnering with Smart Zone. Our Corporate Sponsorship will act as your 51% local sponsor in Dubai mainland. This is to give you 100% control over your financial and operational activities while protecting your company’s shareholder rights. We’ll also provide you with all the documentation requirements to protect your business’ financial rights.
How Smart Zone Corporate Sponsorship works
Benefits of Smart Zone Corporate Sponsorship
- Zero Interference. This will enable the foreign businessman to avail of complete operational control and a 100% profit share.
- Security. Corporate Sponsorship provides entrepreneurs security as it is sometimes risky to partner with an individual you do not know.
- Timely. We provide timely completion of paperwork and documentation processing.
- Verified. We make sure that all the documents and sponsorship agreements are appropriately checked before signing.
Choosing the right Corporate Sponsor is a task itself, but with Smart Zone’s Corporate Sponsorship services, rest assured that you will have a hassle-free process and professional guidance every step of the way.
Contact one of our sponsorship specialists today. We’ll be more than happy to assist you in informing you of the right local sponsor details for your business setup in Dubai. Call +971 55 233 0077 today.
