Are you looking for a UAE local sponsor to start your business in the UAE mainland? Do you want to find a reliable and trustworthy partner who can help you with the legal and administrative aspects of your business setup? If yes, then you have come to the right place.

Nam Corporate is your one-stop solution for finding the best UAE local sponsor for your business. We are a leading business setup consultancy firm that offers comprehensive and customized services for setting up your business in the UAE. We have a network of reputable and experienced UAE local sponsors who can provide you with the best sponsorship services for your business.

What is a UAE Local Sponsor?

A UAE local sponsor is a UAE national or a corporate entity owned by UAE nationals who will partner with you to establish your business in the UAE mainland. Depending on the type and activity of your business, a UAE local sponsor may hold a certain percentage of ownership in your company or act as a representative or a local service agent without any shareholding.

Why Do You Need a UAE Local Sponsor?

The UAE mainland is governed by the Commercial Companies Law, which requires that any company established in the UAE mainland must have at least 51% of its share capital owned by a UAE national or a corporate entity wholly owned by UAE nationals. This means that if you are a foreign investor who wants to set up a business in the UAE mainland, you will need to find a UAE local sponsor who will own 51% of your company and grant you the operational and management rights.

However, there are some exceptions to this rule. Certain types of businesses and activities do not require a UAE local sponsor, such as:

  • Professional services, such as consultancy, legal, accounting, engineering, etc. These businesses can be 100% owned by foreign investors, but they will need to appoint a local service agent who will act as a liaison between the company and the government authorities. The local service agent will not have any shareholding or involvement in the business operations.
  • Businesses in free zones, which are designated areas that offer special incentives and benefits for foreign investors. These businesses can be 100% owned by foreign investors and do not need a UAE local sponsor or a local service agent. However, they will have some restrictions on their scope of operations and geographical reach.
  • Businesses in certain sectors that are open to 100% foreign ownership as per the Foreign Direct Investment Law. These sectors include agriculture, manufacturing, renewable energy, transportation, healthcare, education, hospitality, etc. These businesses do not need a UAE local sponsor or a local service agent, but they will need to obtain a special license from the Ministry of Economy and comply with certain conditions and requirements.

How to Find a UAE Local Sponsor?

Finding a reliable and trustworthy UAE local sponsor is one of the most important steps in setting up your business in the UAE mainland. A good UAE local sponsor can help you with the legal formalities, government approvals, visa processing, banking facilities, and other aspects of your business setup. However, finding a suitable UAE local sponsor can also be challenging and time-consuming, especially if you do not have any contacts or connections in the UAE.

That is why you need Nam Corporate, your trusted partner for finding the best UAE local sponsor for your business. Nam Corporate is a leading business setup consultancy firm that offers comprehensive solutions for setting up your business in the UAE. We have a network of reputable and experienced UAE local sponsors who can provide you with the best sponsorship services for your business. Whether you need an individual sponsor or a corporate sponsor, we can help you find the right match for your business needs and goals.

What are the Benefits of Choosing Nam Corporate for Finding Your UAE Local Sponsor?

By choosing Nam Corporate for finding your UAE local sponsor, you will enjoy the following benefits:

  • Hassle-free and fast process: We will handle all the paperwork and formalities involved in finding and appointing your UAE local sponsor. We will also ensure that your sponsorship agreement is clear and transparent, protecting your rights and interests as a foreign investor.
  • Flexible and affordable options: We offer different types of sponsorship packages that suit your budget and preferences. You can choose from annual sponsorship fees or profit-sharing arrangements, depending on your business model and profitability.
  • Professional and reliable service: We have a team of experts who have extensive knowledge and experience in the UAE market and regulations. We will provide you with guidance and support throughout your business setup process and beyond. We will also ensure that your UAE local sponsor is professional and reliable, fulfilling their obligations and responsibilities as per the sponsorship agreement.
  • Security and peace of mind: We will ensure that your business is secure and compliant with the UAE laws and regulations. We will also provide you with legal assistance and representation in case of any disputes or issues with your UAE local sponsor or any other party.

Contact Us Today

If you are looking for a UAE local sponsor for your business in the UAE mainland, look no further than Nam Corporate. We are here to help you find the best sponsorship solution for your business success. Contact us today to get started!