What is the right arrangement when setting up a business in UAE – local partner or “a sponsor”? The answer depends on a multitude of factors such as your nationality, your business activity, the type of company formed (or legal structure), and the jurisdiction (in mainland or free-zone).
Local sponsorship is a compulsory requirement for you as a foreign person, investor or entrepreneur, to set up your business in the UAE mainland when your business activity falls under commercial or industrial licenses. It can be a challenge for foreign investors to find the right local sponsor in Dubai, and appropriate for your line of business, while also protecting your business interests. CBE provides reliable and aligned local partner/sponsor arrangements for our clients in a professional, prompt and hassle-free manner.