Your Trusted Partner for Mainland Business Setup
For certain business activities on the Dubai mainland, it is mandatory to partner with a UAE national, or a “local sponsor,” who holds a majority stake in the company. We provide the legal framework to make this a secure and seamless process for foreign investors.
Secure a reliable local sponsor while retaining full control of your business.
To learn more about how we handle shareholders agreements and the specific approach we take to protect your interests.
Beyond our general approach, we employ specific strategies for different business structures and ownership scenarios. for detailed guidance on your specific situation.
Understanding the Role of a Local Sponsor
A local sponsor is a UAE citizen who acts as a service agent or, in the case of a Limited Liability Company (LLC), holds a nominal 51% of the company's shares. This is a legal requirement for many mainland business structures, but it does not mean you have to give up control of your company.
A Legal Framework for 100% Investor Control
We protect the interests of foreign investors by executing a comprehensive suite of legal documents, including trust deeds, nominee shareholder agreements, and detailed Memorandums of Association. This ensures that you retain full ownership and control, while the local sponsor receives a fixed annual fee for their participation.
Sourcing a Trustworthy Sponsor at a Fair Cost
Our firm provides reliable and efficient local sponsors for your business. We ensure that the annual sponsorship fee is minimal and fair. Our primary goal is to find you a partner who understands their role and respects your full authority over the business.
A Sponsor in Name, Not in Operations
Our legal consultants make certain that the agreements are structured to prevent the local sponsor from being involved in the direct, day-to-day operations of your company. Your business decisions, management, and profits remain entirely under your control.
Comprehensive Support for Expat Entrepreneurs
Our highly qualified team provides end-to-end services for expat entrepreneurs. From finding the ideal local sponsor to drafting all the necessary protective legal documents, we ensure that no loopholes are left and that your business is built on a secure and compliant foundation.
Navigate Mainland Requirements with Confidence
If you need a local sponsor for your business in Dubai, contact us. Nour Attorneys is committed to delivering positive results and ensuring your business venture is a success.
PARTNER WITH NOUR ATTORNEYS FOR YOUR LEGAL NEEDS
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