We will assist you in capturing all current opportunities by taking you to dormant, silent, and trustworthy partners. We have a specific protocol in place to determine the suitability of residents as local partners. We only endorse those reputable individuals as local sponsors in Dubai who have a fixed record of non-interference and a strong devotion to helping our foreign clients' businesses.
Sponsors you need for your LLC Business Setup
Local Sponsors for Setting up Business in Mainland Dubai
While starting your business in UAE for the first time, it is important to only contact a well-known Business setup consultant like Smart Setup to ensure that you are connected with reliable local sponsors. These local sponsors need to have great credibility as they share 51% of the shareholding in your business with the full power of attorney in your favor.
With full power over operations and business, you or your manager looking after the company will have complete authority to expand the business with your scaling plans.
Corporate Sponsor for Setting up Business in Mainland Dubai
Apart from a local individual, it is better to get corporate sponsorship from a legal business entity owned by locals in Dubai. Since the 51% shareholding belongs to a business entity and not a person, in case of the owner’s death, your business will not face any contractual problems.
Such corporates give you better financial independence as they have a large portfolio already floated in the market. This greater sense of financial freedom helps you kickstart your operations efficiently.
