Any foreign investor wishing to set up on the UAE mainland business needs to have a trustworthy and influential local sponsor. It is required by the law that local sponsors own 51% of the business with the other 49% owned by the investor (or investors). However, profits are not split down these lines and full control almost always remains with the foreign investors.
Glitz Business Consultancy provides a premier Emirati nominee to act like your 51% local sponsor in Dubai. Our main objective is to give you 100% financial and operational control, whilst protecting your shareholder rights in your LLC company. The agreements and documents used are drafted by first-tier legal counsel.
Our sponsorship support services will provide you with all the documentation to protect your business and secure the financial rights of your company