Sponsorship services in DUbai
Our Local Sponsorship Management Services encompass highly talented individuals with a treasure of sponsorship experience to empower you with high-quality advice and practical assistance.
- 100% Ownership
- Company Formation in 5-10 days
- Bank Account Opening Assistance
- 0% Income Tax
- 0% Withholding Tax
Overview Of Local Sponsorship Services In Dubai
The setting up of a business by a foreigner in the UAE Mainland needs a UAE national to be their local agent as per the commercial companies’ federal law no: 2 of 2015. A local sponsor in Dubai can be an individual UAE national or a corporate entity. However, choosing the right sponsor is very crucial to the existence of your business; that’s the reason why we consider various aspects before we recommend or provide our clients with a local sponsor in UAE, thus saving time and unnecessary back and forth.
At Avyanco Sponsorship our customers enjoy total freedom from the UAE national sponsor for business in Dubai as we empower the Foreign national with a special Power of Attorney to remove the UAE national at any point of time from the investor’s company; a memorandum of understanding is also provided to the investor to protect the profit and shares of the company as our sponsor transfers/waive all the rights of the company to the foreign investor against the fixed sponsorship amount payable to him.
Types of Local Sponsors
In Dubai, you have several options available when it comes to selecting a local sponsor. You can opt for an individual sponsor, a corporate sponsor, or a local service agent.
1. Individual Sponsors
Individual Sponsors may be of any gender, but they must be UAE citizens aged 21 or older. While they are not mandated to have expertise in your particular business sector, it is recommended that they have a professional background, own a business, or hold a government position.
2. Corporate Sponsors
Corporate sponsors, as the name suggests, are business entities. They may include any local or government-registered business operating within the UAE. It is imperative to note that only some corporate entities are eligible to be a sponsor; they must possess the requisite government license for this role.
3. Local Service Agents
Local service agents are also an option when establishing a professional services business. In such instances, foreign entrepreneurs can retain full ownership, but they must engage a service agent who will facilitate interactions with government authorities. These local service agents are compensated through an annual fee for their provided services.
The benefits of hiring us:
- All your legal documents and contracts are written for you.
- We ensure all your documents abide by the International and UAE law.
- We protect your business and your position.
Why Avyanco
Whether you are in search of a local sponsor or looking to start a business without one, Avyanco is your perfect partner. We can advise and support you with all things related to business setup in Dubai, giving you everything you need to launch, operate and grow your enterprise here in the UAE.
- Register From Anywhere
- Best In knowledge & Support
- Transparent fee and Pricing
Still Confused about taking your decision?
-
Expertise
Avyanco boasts extensive experience securing sponsorship for various business activities in the UAE.
-
Comprehensive Services
Avyanco is your one stop shop for everything business related service.
-
Client Centric Approach
We offer a tailored solution to facilitate your sponsorship acquisition.
Meet Our Specialists
Our skilled experts bring industry know-how. They have vast experience and a united focus on your success. When you work with us, you’re making your business goals real with our support every step of the way.
CA. Ravi
Sales Director
Gritsa
Senior Corporate Advisor
Dhiren
Senior Corporate Advisor
Astha
Senior Corporate Advisor
Tanya
Senior Corporate Advisor
Maissa
Senior Corporate Advisor
Aromal
Senior Corporate Advisor
Harmisha
Senior Corporate Advisor
Dilshad
Senior Corporate Advisor
Success Stories
Don't just take our word for it. Hear from entrepreneurs who have successfully established their businesses in Dubai. Learn from their experiences and gain insights into the possibilities that await you.
Yes, you can register a company without a UAE national as your sponsor after the update in 2021. It is not mandatory now to have a UAE national as a local agent of the company in Dubai Mainland except for some activities. You can have 100% ownership in Dubai Mainland for your LLC structure, but it also has a dependency on the type of activities you are opting for in your business.
Any UAE national /citizen who acts as a service agent or 51% shareholder of your business to enable a company setup in Dubai or UAE is called a local sponsor.
The annual charges that a UAE national expects to be paid are based on the nature of the business that the foreign expat who wants to set up a Dubai company intends to engage in. However, the average rate to be paid for a UAE local sponsor starts from AED 8000/- per year. Avyanco can help you if you wish to appoint a reliable and professional UAE national for company registration in Dubai.
Yes, we offer an MOU/Side Agreement or Trust Agreement that helps the foreign investors to protect his/her shares and profit of the company.
Avyanco Business Consultancy LLC can act as your UAE local sponsor for LLC company or UAE local agents for professional licenses, be it sole establishment, partnership firm, or foreign company branch licenses in UAE.
Yes, if the local sponsor has not signed the memorandum of association/service agent agreement and notarized it at the public notary, the entire paid amount can be refunded.
If you have concerns about a relatively unknown individual getting their foot in your business’s door, there is another possible option – corporate sponsorship. The process is quite similar, except that you will be sponsored by an existing company instead of an individual. This will put you on firmer ground since a company sponsor is likely to pose less risk than an individual. It also allows for a stronger governance structure to safeguard foreign investment and enables issues like shareholder succession to be resolved under company law. Typically, you will also be provided with a dedicated team to assist with license and visa renewals and any other ad-hoc support required to operate the company.
No, you don’t need a local sponsor to setup a company in Dubai freezone. A free zone company can be owned 100% by an expatriate shareholder(s).
