CORPORATE SPONSOR SERVICES

CORPORATE SPONSOR SERVICES

As per the Commercial Companies Law in Dubai it is mandatory to have a local sponsor or corporate sponsor for the limited liability company set up in mainland Dubai. The chosen sponsor ( Local or Corporate) is mandated to own 51% of the share of your new business. 

 

Corporate sponsorship involves an organization, to become eligible to be one requires a company with one or more UAE nationals. If your company has more than One UAE national then the organization can sponsor any New Business setup in Dubai.

 

ADVANTAGES OF CORPORATE SPONSORSHIP 

 

The new business setup is well protected and counterbalances diverse aspects with corporate sponsorship. Being sponsored by a corporate firm doesn’t imply the division of decision-making power as the UAE National would not affect the same as no approval is needed to run day-to-day business functions thus improving the efficiency and orderliness.

 

Not only this, The Business won’t be affected even In case of a mishappening i.e. under any unfortunate situation wherein the UAE National ceased to exist. Any documentation work or paperwork will be handled by the Public Relations Officer or the lawyer making your business independent of its own choices.

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