How to Change a Local Sponsor in Dubai?

Shuraa Business Setup19 Apr, 2022Business

The UAE?s government continues to amend the business laws to provide increased assistance to ex-pats and foreign investors. The latest modification would also enable foreigners to enjoy 100% ownership in the mainland region if the concerned business meets the established criteria. However, you?ll need a local sponsor if your business doesn?t fall under this category and would have 51% shareholding in your company.

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