Your Gateway to 100% Ownership of Professional Firms
For foreign investors establishing a professional services company in the UAE, appointing a UAE national as a Local Service Agent is a mandatory requirement. This allows for 100% foreign ownership while ensuring you have a representative to handle administrative tasks with local authorities.
Secure a reliable Local Service Agent and maintain full control of your professional 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 Service Agent
A Local Service Agent acts as the Emirati voice for your business, but their role is strictly administrative. They are not involved in the day-to-day operations of your business and have no ownership stake. Their primary function is to facilitate the administrative procedures required for setting up and maintaining your business license.
The Local Service Agent Agreement
We draft a legally enforceable Local Service Agent Agreement that clearly defines the scope of work, the agent’s limited powers, and the fee schedule. This agreement is a relationship of trust, ensuring the agent acts on your behalf with local authorities but has no access to company funds or operational control.
Sourcing a Trustworthy Agent at a Fair Cost
Our firm provides reliable and efficient Local Service Agents for your business. We ensure that the annual service fee is minimal and fair. Our primary goal is to find you a partner who understands their administrative role and respects your full authority over the business.
An Agent for Administration, Not Operations
Our legal consultants make certain that the agreements are structured to prevent the Local Service Agent 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 Service Agent to drafting all the necessary protective legal documents, we ensure that no loopholes are left and that your professional firm is built on a secure and compliant foundation.
Establish Your Professional Firm with Confidence
If you need a Local Service Agent for your professional 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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