Local Sponsor

Foreign companies operating onshore in Abu Dhabi and Dubai are currently required to have a local partner.

 

 

Limited Liability Companies (LLCs) require a local sponsor to hold 51% of the shares.

 

 

Foreign Branches require a service agent and whilst hey don’t have any ownership, they facilitate the registration and assist with government liaison.

A new Foreign Direct Investment Law is currently being implemented with the aim of opening up the UAE market to increased levels of foreign ownership, but many foreign companies will still require a local sponsor.

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How a local sponsor can affect your business

Choosing the right partner is crucial to the future success of your business.  A hasty or ill-informed decision could be catastrophic.  It’s essential to do your research first and understand the implications for your business when you set up and, more importantly, further down the line when your business is operational.

Consider a local sponsor relationship like a marriage. The courtship is all about getting to know each other; the engagement is about setting the terms for the future; the marriage is the day-to-day relationship and if it all turns sour, the divorce (or breakup of the relationship) is often lengthy, stressful and expensive.

 

 

As a foreign company expanding into Abu Dhabi or Dubai:

1)   How would you identify and appoint a suitable local partner?

2)   Have you identified the risks for your organisation and how to mitigate them?

 

 

3)   Do you understand the implications of appointing the wrong partner for your business?

Gateway's sponsorship service

protects your business & your profits

Partner With A British Local Sponsor For Familiarity & Added Security

Gateway’s Platinum Local Sponsor package is a nominee corporate sponsor. It is unique because the Emirati partners are actually a well-known British national called Peter Hellyer and his daughter Perihan Hellyer. 

 

Why is this unique?

They have been granted UAE citizenship by President of the UAE His Highness Sheikh Khalifa bin Zayed Al Nahyan. It is incredibly rare for a non-Emiratis to have UAE citizenship. To be gifted such an honour due to their services and support to the UAE is exceptional.

5 Benefits of Gateway’s platinum local sponsor package

  1. REASSURANCE the corporate governance, security and control of your business is protected.

  2. CONFIDENCE your local sponsor isn't a security threat as the individuals are fully vetted at national level.

  3. FAMILIARITY as expats abroad tend to congregate, network and do business with their own nationalities foremost.

  4. REDUCE THE RISKS as your organisation pioneers the UAE as a new market, with a local sponsor who has experience, knowledge, understanding and connections to support.

  5. NO LANGUAGE BARRIERS.

Gateway's Local Sponsor Packages

The crème de la crème.

  • Have full operational & management control

  • Secure 100% of your profits

  • Professional document control for your confidential corporate documents 

  • Exit strategy

  • Western-owned & managed sponsor platform

  • Approved security status at national level

  • Well connected throughout higher levels of government

  • Ideal for SMEs & Multinationals

(Some sector restrictions may apply.)

Robust & secure.

  • Have full operational & management control

  • Secure 100% of your profits

  • Professional document control for your confidential corporate documents 

  • Exit strategy

  • Available for all sectors

  • Supreme Petroleum Council approved for Oil & Gas companies & critical national infrastructure security passes

  • Engineer partner for construction & engineering companies

  • Ideal for SMEs & Multinationals

Protection and control.

  • Have full operational & management control

  • Secure 100% of your profits

  • Professional document control for your confidential corporate documents 

  • Exit strategy

  • Available for all sectors

  • For startups and businesses less than 12 months old

(Prequalification mandatory.)

Protection and control.

  • Have full operational & management control

  • Secure 100% of your profits

  • Professional document control for your confidential corporate documents 

  • Exit strategy

  • Available for selected activities

  • For UAE resident startups only

(Prequalification mandatory.)

01

Platinum Sponsorship

02

Gold
Sponsorship

03

Silver Sponsorship

04

Bronze Sponsorship

(Abu Dhabi Only)

Peace of mind for your business with

Gateway's local sponsor packages.

Protect your business & profits with one of Gateway's local sponsor packages
Gateway's 2019 Awards
Gateway's 2019 Awards

Best Company Formation Specialists 2019

Lawyer International

 

Best Onshore Company Formation Specialists – UAE

MEA Markets 2019 GCC Enterprise Awards

 

Best Company Formation Specialists 2019 – UAE

M&A Today

 

CEO Today Middle East Awards 2019 (Jenny Hunt)

 

Recognized Leaders in Offshore Company Formation 2019

MEA Markets

 

10 Most Promising Corporate Business Service Providers 2019

Silicon India

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