It is important to have a local sponsor to sponsor your company if you are starting a company with Mainland / DED License. SANDS Business Management Services provides friendly and reliable local sponsors to ease up the process of setting up a business in Dubai. We also provide local sponsors in case you wish to change your existing business sponsor.
LLC company:
Limited Liability Company is a business license in mainland or DED (Dubai economy) usually obtained for commercial business activities where the partnership would be 51% owned by Emirati or UAE national and 49% would be owned by the company owner or investor.
A formal Memorandum of Association (MOA) will be registered in notary public (Dubai court) between Local Sponsor and shareholders or partners of the company.