local sponsor or Agent for company formation in UAE Mainland
Local sponsor or Agent for company formation in UAE Mainland
When you are setting up a business in Dubai Abu Dhabi, Sharjah, Ajman, Fujairah, Ras Al Khaimah, Umm Al Quwain and Abu Dhabi as a Limited Liability Company (LLC) . LLC UAE License fouls under the commercial type of license that must have a local sponsor that own a minimum of 51% of the shares in your company. LLC company formation in Dubai or any of the other six emirates can be difficult in a business relationship. The relation could cause you angst in finding the right sponsor for you that protects your investments. Throughout the years we have heard so many stories of people that have used a Local Agent on their own without using a company and end up facing financial complications.
Excellent Setup will protect your rights and give you more control over your Business. The law permits the issuance of structure to contain requirements designed to protect the welfare of the foreigner minority shareholder. These rights include the assets entitlements, profits distribution, the appointment of directors/managers, powers of administration, and influence in decision making. We act as your local agent and prepare the contract that will be signed by the investor, Excellent Setup and there will be two witnesses from each side. We have all the right ingredients to become the most reliable business partners for your business in the UAE. The benefits of using Excellent Setup to organize a Local Sponsor means you will not have to deal in person with the Local Sponsor yourself, and we act instead of the Local Sponsor, and we protect your rights.
Local Sponsor and local Agent
Excellent Setup offers affordable prices and reliable people for the Local Sponsor when setting up an LLC in UAE. We will help you to have a very smooth start for your business and to be aware of all the requirements in addition to Local Sponsor role for your company. The Local Sponsor is pivotal for setting up a business in the Mainland. It is critical to understand the difference between a Local Sponsor and a Local Agent you need. The type of license determines if a Local Sponsor or a Local Agent is required. Our professional staff will help choose the right path for you when you are starting your business your UAE.
If you have a professional license, you need a local agent the local Agent will not have any management authority or financial commitment as you will have 100% ownership. The Local Agent will only be responsible and present when you process the trade license and the visas. The contract that we offer will regulate the relationship between the two parties.
If you are looking for UAE local sponsorship for a new business or exciting company, contact Excellent setup provide free consultancy meeting contact us to know all the information and be assured you will get you the best local service agent in UAE. All GCC Nationals do not require Emirati sponsor when setting up a business in Dubai, Abu Dhabi, Sharjah, Ajman, Fujairah, Ras Al Khaimah, Umm Al Quwain and Abu Dhabi.