Is business setup in Dubai mainland possible without a local partner?
Company registration in the mainland is obligated to several prerequisites and fundamentals that need to be followed by entrepreneur or businessmen for starting a business on the mainland in Dubai. As conditioned, there are a number of document required for Dubai mainland company formation, however, the most important condition of them all is to have a local sponsor in Dubai or to get into a partnership with a UAE national.
To start a business in UAE or to get a Dubai mainland (DED) license the commercial companies law in the region states that businesses should partner or collaborate with a UAE local partner, who would hold not less than 51% of ownership within the company. Moreover, among the documents required for initial approval for business setup in Dubai mainland, it is also mandatory to submit the details of the UAE national local partner for verifications. Thus, we could conclude that there is no way to have a business set up in Dubai mainland without a local partner.
Though, starting a business on the mainland in Dubai with Shuraa Business Setup can be different! It is important to that mainland Dubai company formation and registration is done under specific conditions depending on the shareholding structure of the company. Likewise, the business activities in Dubai mainland is also subjected to specific norms. Nevertheless, with Shuraa Business Setup in Dubai, you can have to the liberty of a secured partnership!
Get an investor right and protection contract to secure your rights as a businessman at Shuraa Business Setup. We do not only find a trustworthy partnership for you but also ensure that you are stress-free with our mainland company formation services. At Shuraa, an investor right and protection contracts allow you to that are certify an agreement in the presences of two-witnesses from each side enabling you to have the power of attorney and mutually resting agreement with your UAE business partner. He laws experts at Shuraa draft all the business setup documents with utmost efficiency keeping your security and position intact throughout the contract.
Would like to know more about investor right and protection contract? Or need amazing proposals on Dubai mainland business setup costs contact Shuraa Business Setup right away!