When it comes to setting up a business in Dubai, the first thing you need to decide is whether your company will be located on the mainland or in a free zone. If you plan to set it up as an onshore or mainland company, you may need a local sponsor. This is mandatory in all cases of company formation in the UAE, and a good business setup consultant can help you with this part.

There are approximately 2,100 different commercial activities listed by the Department of Economy and Tourism and approximately 1,200 of them do not require a local sponsor.

The local sponsor must be an Emirati (a term used to refer to a UAE citizen, someone who is a citizen of the UAE) who is at least 21 years old. This can also be a company incorporated in the UAE that is 100% owned by Emiratis. According to UAE law, the local sponsor (also known as the local partner) must own 51% of the shares in the company. He or she will legally represent the company before all government bodies.

So you need someone with experience in registering a company in the UAE. A company formation specialist who has specific experience in setting up a business in the UAE can put you in touch with the right local sponsor for your business. It should be noted that just because the local partner owns 51% of the shares in the company does not mean that he will take home 51% of the profits. Things work differently in the UAE. The local partner may be compensated for his services on a monthly/quarterly/half-yearly/annual basis, or he may take a percentage of sales.

Alternatively, you can set up your company in a free zone. Free zones are established with specific objectives in mind, and infrastructure is dedicated to that purpose.

Need professional help for company registration in Dubai?

Skyline’s team of experts has years of experience in business setup in the UAE. They can be expected to provide their expertise for everything related to business setup in the UAE. They come from an array of diverse backgrounds such as legal, financial, and management; and are therefore happy to advise you on the right procedure for company setup in Dubai. For new business setups in Dubai, you can count on them to assist you with all the documentation and filing processes, so that your company registration in Dubai can be done smoothly.

If you are looking for low cost business setup options in Dubai, Skyline is one of the right business setup consultants in Dubai for you. They can help you in setting up a business in Dubai. So for all your needs related to new company setup in Dubai, Skyline can ensure that company formation in Dubai is a hassle free affair. You don’t need to think about any other business setup consultant to get business setup services in Dubai.