Description
One of the requirements for establishing and operating a business in the UAE is the need for local sponsorship, wherein a UAE national will hold 51 percent of the business. This criteria is applicable when business entities intend to work out of mainland Dubai. This will not apply to other business entities where full foreign ownership is permitted. However, for certain businesses that demand the establishment of an entity in the mainland, and to meet the specific demands of businesses, it may be necessary to opt for a business model that requires a local sponsor. UAE nationals are only individuals who can assume the mantle of a local sponsor. Here is important information that will help you to set up business in the mainland.
