No Need of a Local Sponsor in Dubai

The recent amended for commercial companies Law, allowing foreign investors and entrepreneurs to establish and fully own onshore (mainland) companies, which will come into effect on June 1, 2021, the UAE’s Ministry of Economy has announced.

Source: Arabian Business

So it does not require a local partner for commercial license in mainland company formation. But there are still a local service agent needed for professional license in mainland.

Last Updated - May 12th, 2021
Whatsapp