Dubai local company established, LLC corporation established

If you want to do business targeting UAE residents, you need to set up a local company (such as an LLC corporation).

An example of business / business that requires a local corporation:

• Retail industry in general
• UAE domestic distributors and distributors
• Hair dressing, restaurants, medical institutions, etc.
• Car maintenance business such as garage
• Real estate agent and maintenance industry

There are four possible types of companies that foreign companies can establish in the UAE (onshore: outside the free zone).

• Limited Liability Company (LLC)
• Professional company (industries that require special skills, such as doctors and beauticians)
• Japanese company branch
• Representative office

When establishing an LLC onshore (outside the free zone), the local (UAE) sponsor must be a 51% stakeholder in the name.

Professional companies, branches and representative offices can be established with 100% foreign capital, but a local partner must be appointed as a "service agent". Wise introduces reliable local sponsors, so for more information, please seeApplication / Inquiry Form, OrEmailPlease contact us at.

In the case of an onshore local company or an LLC corporation, 51% of the documents are local partners, so in simple terms, that company is a local partner company. Therefore, it is a fact that there are not a few troubles related to local partners.

In addition, partner fees are increasing year by year.

We recommend establishing a company in the free zone if you can work in the free zone, but onshore establishment may be necessary depending on the type of business, such as retail business outside the free zone area.

Therefore, Wise offers various options for selecting a local sponsor depending on your risk tolerance and budget.

Starting with the usual credible UAE local sponsors, if you need higher risk hedging, we can also suggest sponsors from multinational companies.
If a multi-national company sponsors you, you don't have to worry if the sponsoring UAE is absent from the UAE or if you feel sick.

In either case, we will ensure that you have the necessary legal documents such as POA (Power of Attorney) and Risk Mitigation Agreement.
For more informationApplication / Inquiry Form, OrEmailPlease contact us at.

Wise Consultancy's corporate establishment support costs include corporate management and support / consulting during the license period after the establishment of the corporation. (There may be a charge depending on your request.)

Even if I set up a corporation, I haven't been able to utilize it, I haven't even opened a bank account, I've been asked for necessary documents by a free zone, bank, or accounting company, but I'm not sure, and I can't handle annual audits. Don't worry about it.

We also provide complete support even if corporate shareholder or manager does not live in Dubai.