It is widely known that companies registered under the Limited Liability Company (LLC) Structure in Mainland Dubai will always require an Emirati Local Sponsor who will hold 51% of the shares of the company.
However, this is not always the case. It is important to understand that what is normally done may not always be the most effective strategy for your business.
Company Sponsorship consists of two types:
1. Individual Sponsorship:
Individual Sponsorship pertains to having a UAE Local Emirati Sponsor who will hold 51% shareholding rights in the company.
2. Corporate Sponsorship
Corporate Sponsorship means having an legal corporate entity hold 51% shareholding rights in the company.
But which is better? Find Out below how each sponsorship affects the important aspects of your business.