Local partner services
Having a citizen sponsor in Dubai is critical to establishing companies, as stated in the UAE Business and Civil Law Act. The UAE sponsor or local partner services agent must be UAE nationals or its shareholders 100% UAE nationals. The UAE local partner service of PRO GCC can act as a local service agent and receive an annual fee for its services.
In order to establish a limited owing business by international investors, it is legally compulsory for the Dubai business local partner to own 51% or more of the company's shares. On the other hand, establishing professional organizations and representative offices does not require a local partner to develop them in Dubai. It can be 100% owned by foreign shareholders.
Dubai and the UAE, in general, have shown remarkable flexibility in dealing with the epidemic, which has generally been a practical approach to maintaining an acceptable and safe level of normalcy to ensure the flow of services and meet the needs of the UAE and partners.