To open a company in United Arab of Emirates you must need the best company formation agent to perform the documents clearance work on behalf of your side, we are one of the top Business Setup Consultants in Dubai.
This type of business structure is registered with the Dubai Economic Development (DED) and its main purpose is to reach the local market. If you want a service-based or a trading company, you will be able to do business locally and globally.
51% local partner? Not any problem!
To open a mainland company, you should have either a local sponsor (GCC citizen) who will own at least 51% shares in your license and be a partner, or a local agent, who will not own shares, but will be your “gateway” to the local market. Whether you need a sponsor/partner or an agent depends on the type of your new company formation in Dubai. Generally, service-based establishments can be owned 100% by expatriates and trading companies need a local sponsor. If the ownership of a brand or the control of your capital is an issue for you, there are many structures allowing you to legally retain the rights of your property even with a mainland company, contact the best business setup consultant to have a detailed assessment of where to begin.