UAE Permits Golden Visa To
- Our Sponsorship Management Services Are Provided By Highly Skilled Personnel Who
Have A Wealth Of Sponsorship Expertise And Can Provide You With Excellent Guidance
And Useful Help.
- According To The Commercial Firms' Federal Law No. 2 Of 2015, A UAE National Must
Serve As The Local Agent For Any Foreign Entity Establishing Operations On The UAE
Mainland. A Local Sponsor In Dubai May Be A Person Who Is A Citizen Of The UAE Or A
Business. To Save Time And Avoid Needless Back And Forth, We Take Into Account
Numerous Factors Before Recommending Or Providing Our Clients With A Local Sponsor
In The UAE. Nonetheless, Choosing The Proper Sponsor Is Extremely Important To The
Success Of Your Business.
- A Memorandum Of Understanding Is Also Given To The Investor To Protect The Profit And
Shares Of The Company As Our Sponsor Transfers/Waives All The Rights Of The Company
To The Foreign Investor Against The Fixed Sponsor. At ALBAHAA Sponsorship, Our
Customers Enjoy Complete Freedom From The UAE National Sponsor For Business In
Dubai Because We Give The Foreign National A Special Power Of Attorney To Remove The
UAE National At Any Time From The Investor's Company
- FAQs On Sponsorship Services
- Can I Register A Business Without Having A UAE Citizen Sponsor Me?
- No, Having A UAE National As a Local Agent for the Business Is Required In Dubai Mainland. UAE Residents Will Own A Minimum Of 51% Of The Company's Share Capital If The Customer Chooses The LLC Form. UAE Nationals Will Only Serve As The Company's Agent If The Establishment Has A Professional License And A Single Location. The Investor Also Bears In Mind That Even Though It Is Stated In The Moa That The UAE National Owns 51% Of The Company, All Relevant Documents, Such As The Memorandum Of Understanding, Trust Deed, Proxy Agreement, And Nominee Shareholding Agreement, Will Be Provided To The Foreign National In Order To Protect His Or Her Ownership Interest In The Business.
- Who Are The UAE-Based Sponsors?
- A Local Sponsor Is Any UAE National Or Citizen Who Works As A Service
Agent Or 51% Shareholder Of Your Firm To Enable A Company Setup In
Dubai Or The UAE.
- What Is The Annual Fee For A Local UAE Sponsor?
- Based On The Type Of Business A Foreign Expat Who Wants To Establish
A Dubai Firm Intends To Engage In, A UAE Person Might Anticipate Paying. A Certain Amount Annually. Nonetheless, The Starting Salary For A Local
Sponsor In The UAE Is AED 8000 Per Year On Average. If You Want To
Choose A Trustworthy And Competent UAE National For Company
Registration In Dubai, ALBAHAA Can Assist You.
- Do You Offer Agreements That Protect Investors?
- Sure, We Provide A Mou/Side Agreement Or Trust Agreement To Assist
International Investors In Safeguarding Their Shares And Firm Profits.
- How Do I Locate A Sponsor For My Commercial Endeavor?
- Whether You Need A Single Establishment, Partnership Firm, Or Foreign
Company Branch License In The UAE, ALBAHAA Business Consulting LLC
May Serve As Your Local UAE Sponsor For An LLC Company Or Your Local
UAE Agent For A Professional License
- What Is The Annual Fee For A Local UAE Sponsor?
- Based On The Type Of Business A Foreign Expat Who Wants To Establish
A Dubai Firm Intends To Engage In, A UAE Person Might Anticipate Paying. A Certain Amount Annually. Nonetheless, The Starting Salary For A Local
Sponsor In The UAE Is AED 8000 Per Year On Average. If You Want To
Choose A Trustworthy And Competent UAE National For Company
Registration In Dubai, ALBAHAA Can Assist You.
- Are I Eligible For A Reimbursement Of The Local Sponsorship Expenses I Paid To
An Emirati?
- Yes, The Full Sum Paid May Be Refunded If The Local Sponsor Does Not
Sign The Memorandum Of Association/Service Agent Agreement And
Have It Notarized By A Public Notary.
- What Does Corporate Sponsorship Entail For A UAE Company Formation?
- Another Choice Is Corporate Sponsorship If You Are Worried About An
Unknowledgeable Person Having A Foot In Your Company's Door. The
Procedure Is Very Similar, With The Exception That A Business Would
Sponsor You Rather Than A Person. This Will Give You More Security
Because A Corporate Sponsor Is Probably Less Dangerous Than An
Individual. Additionally, It Facilitates The Resolution Of Issues Like
Shareholder Succession Within The Authority Of Company Law And
Permits The Creation Of A Stronger Governance Framework To Protect
Foreign Investment. In Most Cases, A Dedicated Team Will Also Be Given
To You To Help With Visa And License Renewals As Well As Any Other Ad
Hoc Support Needed To Run The Business
- Do I Require A Local Sponsor To Start Up A Free Zone Company?
- No, A Local Sponsor Is Not Necessary To Establish A Freezone Company.
An Overseas Shareholder May Possess 100% Of A Free Zone Firm (S).
