Are you an entrepreneur or investor planning to form a company in mainland UAE? The UAE provides investors and entrepreneurs the perfect hub to access the GCC and larger global markets. By now, you’ve probably come to realise in order to form a company in the mainland, you will need a local sponsor. UAE Commercial Companies Law, specifies that a Limited Liability Company (LLC) must have a local UAE partner who holds a minimum of 51% of the company shares.
You’re probably thinking “Wow, how and where am I going to find a safe and trusted sponsor with no risk or involvement in my business?” However, the idea of finding a trusting sponsor for your company seems impossible. Not to worry, Creation Business Consultants are here to guide you on the requirements and benefits of selecting a safe and trusted “corporate sponsor”.
Corporate sponsorship allows you to form a company in Dubai and the UAE while making sure you maintain control of your company. At Creation, we do not use individuals as sponsors. Instead, our professional corporate nominee service provides your business with a safe and reliable option for your local sponsorship requirements.
So how does it work? Creation controls and manages several 100% Emirati owned companies that facilitate a corporate nominee partnership. We use these Creation companies to hold 51% of your company shares in a trust for you, so you can rest assured knowing you will receive 100% of the business profits.
51% Shareholder 49% Shareholder
|Zero Company Involvement||Full Company Control|
|No Financial Rights||100% Financial Benefits|
|No Voting Rights||Full Control of Company Voting Rights|
|Side agreement to give greater protection to the foreign shareholder|
At Creation, we’ve helped business owners from all over the world to successfully set up their companies in Dubai and the UAE (including the UK, USA, Europe, Asia, and Australia). We take the time to fully assess your company’s needs to ensure we meet your specific organisational requirements.
Regardless of the size of your company, we will provide expert advice and solutions designed to make sure you maintain control of your company. Whether you are a startup, SME, entrepreneur or multinational company, our team of experts have the skills and experience to successfully set up your company in Dubai and the UAE.
Contact a member of our team today to schedule your free consultation.
Creation ensures clients receive a seamless, cost effective and proficient entry to the GCC market. We provide clients with the foundations and best practices empowering them to build and control a successful business.
We continuously strive to exceed client’s expectations whilst making certain they are protected from undue risk at all times. Creation Business Consultants is the preferred and truly trusted business partners for the GCC.