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WHAT IS A LOCAL BUSINESS SPONSOR
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(NOMINEE PARTNER / SLEEPING PARTNER)
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OR LOCAL SERVICE AGENT?
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A local service agent or a local sponsor (corporate sponsorship) in Dubai is an individual or corporate vehicle that meets the UAE regulatory requirements. To set up a company in Dubai, Abu Dhabi, or UAE, you need one of these options in support of the business setup.
It is mandatory for foreign investors to hold either a Local Sponsor or a Local Service Agent. This can be an individual or a corporate structure for onshore company setups within the Economic Development Zones as per the UAE law.
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SPONSORSHIP OPTIONS FOR AN LLC IN THE UAE
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Corporate sponsorship: In a Corporate Sponsorship, a company that is your local sponsor will hold 51% of the shares and obligations. Whereas, the individual or group of foreign investors hold the other 49%. The Emirati or local sponsor is a company rather than an individual. Corporate sponsorship in Dubai is usually the preferred choice, as it provides further security for the expat partners.
Individual Sponsorship: In an Individual sponsorship the business sponsor is an individual in his or her own capacity. The local sponsor must be a UAE national also known as an Emirati. The Local Sponsor holds 51% of the shares and liabilities of the company and 49% is held by the foreign partner. As the local sponsor is the main shareholder, he or she can give a Power of Attorney (POA) to the foreign investors. This POA helps them manage his or her shares and rights in the company for an annual fee.
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CHOOSING A LOCAL SPONSOR IN DUBAI, ABU DHABI, AND THE REST OF UAE
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The Corporate Sponsorship Option
The following legal forms require a service agent to support the company setup and operations in the UAE:
We at ACT, understand that many entrepreneurs find it worrisome to engage a local sponsor. As this, gives them 51% of their company shares. This is why our Free Corporate Sponsorship service* in Dubai gives you complete peace of mind.
With ACT, there is no need to spend time searching for and building a rapport with an individual. Instead, we provide a premier corporate nominee to act as your local sponsor in Dubai, Abu Dhabi, and Sharjah.
Our main aim is to give you 100% financial and operational control of your company. While also, protecting your shareholder rights in the LLC. The agreements and documents we use are by first-tier legal counsel and incorporated for over a decade. We make sure you have all the documentation you need to protect your business and secure the financial rights of your business
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LOCAL SERVICE AGENT – SOLE ESTABLISHMENT, CIVIL COMPANY, FOREIGN BRANCH
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The following legal forms need a service agent to support the company setup and operations in the UAE:
The first being a Branch of a foreign company which can be either a representative office or a full foreign branch office. A representative office is a sales and marketing office and cannot trade commercially. A full foreign branch office can perform activities offered by its parent company upon approval of licence.
Both legal forms need a service agent. Either, as an individual or corporate vehicle to complete the incorporation process. A service agent’s responsibilities include rendering specific necessary services to the company. They hold no financial liabilities or obligations in relation to the company inside or outside the Emirate.
The second legal form is a sole establishment company, or sole proprietorship company. The owner of a Sole Proprietorship business in Dubai, Abu Dhabi or Sharjah is an individual and not a company. The Sole Proprietor owns 100% of the business. He or she also controls all its operations and keeps 100% of any profits. A sole proprietor is also responsible for all business debts and financial obligations. A Local Service Agent (LSA) is a must, if the owner is a National of a country other than the UAE or GCC, in support of the license.
The third legal form is a civil company. This is a partnership with foreign investors owning 100% of the equity combined as individuals. The service agents in these legal forms generally do not hold the equity and are not involved in the company operations. The service agent services come at a fee which is usually per annum. Do note that for certain business activities, the authorities need the agent to have certain qualifications. The LSA would also own shares in the company due to the civil liability linked to the activity. In such a case, the Local representative would then be the local sponsor and not a local service agent.
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IMPORTANCE OF SELECTING THE RIGHT LOCAL AGENT OR LOCAL SPONSOR IN DUBAI, ABU DHABI, AND UAE
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With business, booming in the UAE, entrepreneurs from around the world are looking to make the most of the business boom.
It is important to have the right partner, due to the local laws and restrictions in place for foreign-owned companies and investors in the UAE. Hence, you require a partner who can add value to your investment and protect your rights in the business and in the UAE. This partner should help in the smooth establishment of your business. He or she should inform you on local compliance and laws and provide connections. This will help you to make your business a success. Considering the diversity of the market, makes it even more important to have a well-connected agent on the ground. The Agent should add real value to support your company.
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CHANGE YOUR LOCAL SPONSOR TO ACT! ENJOY PEACE OF MIND
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ACT PRO and Business Services will help you to make the most of your business opportunities in the UAE. We stand in as your local sponsor or service agent via our corporate service agent and sponsorship vehicle. Our Sponsorship and service agent services are completely compliant and provide total peace of mind. Feel free knowing you have a professional and ethical sponsor and pro services partner. ACT PRO & Business Services is the first-ever company to provide sponsorship and service agent service for Free. Avail of our free corporate sponsorship or Free local service agent offer with our annual Corporate PRO Services agreement.
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OUTSOURCING CORPORATE
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PRO SERVICES IN UAE
[/vc_column_text][vc_empty_space height=”53px”][vc_row_inner][vc_column_inner width=”1/3″][vcex_feature_box heading=”” style=”left-image-right-content” content_vertical_align=”true” content_width=”60%” media_width=”40%” img_lazy_load=”false” image_object_fit=”contain” image=”195″ gap=”10″]60% savings on government fees[/vcex_feature_box][/vc_column_inner][vc_column_inner width=”1/3″][vcex_feature_box heading=”” style=”left-image-right-content” content_vertical_align=”true” content_width=”60%” media_width=”40%” img_lazy_load=”false” image_object_fit=”contain” image=”205″ gap=”10″]
Original govt invoices. No fee markup
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Secure data storage & transportation.
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Seamless and efficient service to corporates looking for assistance with PRO Services in Dubai and Abu Dhabi.
[/vc_column_text][vc_empty_space height=”20px”][vcex_button css_animation=”bounceIn” onclick=”custom_link” text_source=”custom_text” style=”flat” custom_background=”#d58936″ custom_color=”#ffffff” onclick_url=”#” border_radius=”rounded-lg” font_weight=”600″]ENQUIRE NOW[/vcex_button][/vc_column][/vc_row][vc_row full_width=”stretch_row” content_placement=”middle” disable_element=”yes” remove_bottom_col_margin=”true” css=”.vc_custom_1702041633937{margin-bottom: 0px !important;padding-top: 80px !important;padding-bottom: 80px !important;background-color: #f9f9f9 !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}”][vc_column width=”2/3″][vc_column_text]
PAYROLL SOLUTIONS
[/vc_column_text][vc_empty_space height=”15px”][vcex_list_item icon=”ticon ticon-chevron-right” text_align=”left” color=”#a30029″]Monthly provision of salary statements, official salary confirmations, and letters for bank transfers.[/vcex_list_item][vcex_list_item icon=”ticon ticon-chevron-right” text_align=”left” color=”#a30029″]Management of employee leave, including holidays, absences, and paid leaves.[/vcex_list_item][vcex_list_item icon=”ticon ticon-chevron-right” text_align=”left” color=”#a30029″]Provision of No Objection Certificates (NOC) for employees.[/vcex_list_item][vcex_list_item icon=”ticon ticon-chevron-right” text_align=”left” color=”#a30029″]Creation and documentation of offer letters.[/vcex_list_item][vcex_list_item icon=”ticon ticon-chevron-right” text_align=”left” color=”#a30029″]Support in the application process and selection of appropriate health/medical insurance.[/vcex_list_item][vcex_list_item icon=”ticon ticon-chevron-right” text_align=”left” color=”#a30029″]Assistance in the establishment of the Wages Protection System (WPS).[/vcex_list_item][vcex_list_item icon=”ticon ticon-chevron-right” text_align=”left” color=”#a30029″]Computation of statutory gratuity payments in accordance with UAE labor laws.[/vcex_list_item][vcex_list_item icon=”ticon ticon-chevron-right” text_align=”left” color=”#a30029″]Calculation of end-of-service settlements in the event of termination, whether during or after the probationary period, as stipulated by UAE labor laws.[/vcex_list_item][vcex_list_item icon=”ticon ticon-chevron-right” text_align=”left” color=”#a30029″]Staff Exit Processing[/vcex_list_item][vcex_list_item icon=”ticon ticon-chevron-right” text_align=”left” color=”#a30029″]Salary Certificates[/vcex_list_item][vc_empty_space height=”20px”][vc_column_text]To outsource Payroll Services in Dubai, Abu Dhabi, and Sharjah, you can call us on +971 4 428 1505 / +971 50 174 4036 and speak to our consultants. You can also email us at solutions@actgroupservices.com to know more. [/vc_column_text][vc_empty_space height=”20px”][vcex_button css_animation=”bounceIn” onclick=”custom_link” text_source=”custom_text” style=”flat” custom_background=”#d58936″ custom_color=”#ffffff” onclick_url=”https://uaeproservices.com/contact-us/” border_radius=”rounded-lg” font_weight=”600″]ENQUIRE NOW[/vcex_button][/vc_column][vc_column width=”1/3″][vc_single_image image=”242″ alignment=”center” onclick=”link_image” lightbox_video=”https://youtu.be/E7dkVwU6pl0″ img_hover=”grow”][/vc_column][/vc_row][vc_row full_width=”stretch_row” disable_element=”yes” remove_bottom_col_margin=”true” css=”.vc_custom_1702041651334{margin-bottom: 0px !important;padding-top: 50px !important;padding-bottom: 50px !important;background-color: #ebebff !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}”][vc_column][vc_column_text]
Interested in Outsourcing HR Admin Tasks?
[/vc_column_text][vc_empty_space height=”53px”][vcex_button onclick=”custom_link” text_source=”custom_text” style=”flat” custom_background=”#00467c” custom_color=”#ffffff” onclick_url=”https://uaeproservices.com/contact-us/” font_weight=”600″ align=”center” icon_color=”#a30029″ icon_right=”ticon ticon-chevron-right”]Learn More[/vcex_button][/vc_column][/vc_row][vc_row full_width=”stretch_row” disable_element=”yes” remove_bottom_col_margin=”true” css=”.vc_custom_1702036061591{margin-bottom: 0px !important;padding-top: 80px !important;padding-bottom: 80px !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}”][vc_column][vc_column_text]
SERVICES INCLUDED IN OUR CORPORATE PRO SERVICES PACKAGE
[/vc_column_text][vc_empty_space height=”5px”][vc_row_inner equal_height=”yes” gap=”35″ css=”.vc_custom_1669267523035{padding-right: 32px !important;padding-left: 32px !important;}”][vc_column_inner width=”1/3″ css=”.vc_custom_1666951662831{padding-top: 20px !important;padding-right: 20px !important;padding-bottom: 20px !important;padding-left: 20px !important;background-color: #ffffff !important;border-radius: 25px !important;}”][vcex_feature_box heading=”” style=”left-image-right-content” content_vertical_align=”true” content_width=”60%” media_width=”40%” img_lazy_load=”false” image_object_fit=”contain” image=”203″ gap=”10″]Renewal of trade license[/vcex_feature_box][/vc_column_inner][vc_column_inner width=”1/3″ css=”.vc_custom_1666951717645{padding-top: 20px !important;padding-right: 20px !important;padding-bottom: 20px !important;padding-left: 20px !important;background-color: #ffffff !important;border-radius: 25px !important;}”][vcex_feature_box heading=”” style=”left-image-right-content” content_vertical_align=”true” content_width=”60%” media_width=”40%” img_lazy_load=”false” image_object_fit=”contain” image=”207″ gap=”10″]Offer Letters[/vcex_feature_box][/vc_column_inner][vc_column_inner width=”1/3″ css=”.vc_custom_1666951730895{padding-top: 20px !important;padding-right: 20px !important;padding-bottom: 20px !important;padding-left: 20px !important;background-color: #ffffff !important;border-radius: 25px !important;}”][vcex_feature_box heading=”” style=”left-image-right-content” content_vertical_align=”true” content_width=”60%” media_width=”40%” img_lazy_load=”false” image_object_fit=”contain” image=”208″ gap=”10″]Employment visa processing/ cancellations[/vcex_feature_box][/vc_column_inner][/vc_row_inner][vc_row_inner equal_height=”yes” gap=”35″ css=”.vc_custom_1669267523035{padding-right: 32px !important;padding-left: 32px !important;}”][vc_column_inner width=”1/3″ css=”.vc_custom_1666951662831{padding-top: 20px !important;padding-right: 20px !important;padding-bottom: 20px !important;padding-left: 20px !important;background-color: #ffffff !important;border-radius: 25px !important;}”][vcex_feature_box heading=”” style=”left-image-right-content” content_vertical_align=”true” content_width=”60%” media_width=”40%” img_lazy_load=”false” image_object_fit=”contain” image=”209″ gap=”10″]New Emirates ID processing and renewals[/vcex_feature_box][/vc_column_inner][vc_column_inner width=”1/3″ css=”.vc_custom_1666951717645{padding-top: 20px !important;padding-right: 20px !important;padding-bottom: 20px !important;padding-left: 20px !important;background-color: #ffffff !important;border-radius: 25px !important;}”][vcex_feature_box heading=”” style=”left-image-right-content” content_vertical_align=”true” content_width=”60%” media_width=”40%” img_lazy_load=”false” image_object_fit=”contain” image=”210″ gap=”10″]Labour card updates[/vcex_feature_box][/vc_column_inner][vc_column_inner width=”1/3″ css=”.vc_custom_1666951730895{padding-top: 20px !important;padding-right: 20px !important;padding-bottom: 20px !important;padding-left: 20px !important;background-color: #ffffff !important;border-radius: 25px !important;}”][vcex_feature_box heading=”” style=”left-image-right-content” content_vertical_align=”true” content_width=”60%” media_width=”40%” img_lazy_load=”false” image_object_fit=”contain” image=”211″ gap=”10″]Company establishment card update[/vcex_feature_box][/vc_column_inner][/vc_row_inner][vc_row_inner equal_height=”yes” gap=”35″ css=”.vc_custom_1669267523035{padding-right: 32px !important;padding-left: 32px !important;}”][vc_column_inner width=”1/3″ css=”.vc_custom_1666951662831{padding-top: 20px !important;padding-right: 20px !important;padding-bottom: 20px !important;padding-left: 20px !important;background-color: #ffffff !important;border-radius: 25px !important;}”][vcex_feature_box heading=”” style=”left-image-right-content” content_vertical_align=”true” content_width=”60%” media_width=”40%” img_lazy_load=”false” image_object_fit=”contain” image=”212″ gap=”10″]Labour and Immigration support services[/vcex_feature_box][/vc_column_inner][vc_column_inner width=”1/3″ css=”.vc_custom_1666951717645{padding-top: 20px !important;padding-right: 20px !important;padding-bottom: 20px !important;padding-left: 20px !important;background-color: #ffffff !important;border-radius: 25px !important;}”][vcex_feature_box heading=”” style=”left-image-right-content” content_vertical_align=”true” content_width=”60%” media_width=”40%” img_lazy_load=”false” image_object_fit=”contain” image=”213″ gap=”10″]Quota applications and modifications[/vcex_feature_box][/vc_column_inner][vc_column_inner width=”1/3″ css=”.vc_custom_1666951730895{padding-top: 20px !important;padding-right: 20px !important;padding-bottom: 20px !important;padding-left: 20px !important;background-color: #ffffff !important;border-radius: 25px !important;}”][vcex_feature_box heading=”” style=”left-image-right-content” content_vertical_align=”true” content_width=”60%” media_width=”40%” img_lazy_load=”false” image_object_fit=”contain” image=”214″ gap=”10″]Medical typing and applications[/vcex_feature_box][/vc_column_inner][/vc_row_inner][vc_row_inner equal_height=”yes” gap=”35″ css=”.vc_custom_1669267523035{padding-right: 32px !important;padding-left: 32px !important;}”][vc_column_inner width=”1/3″ css=”.vc_custom_1666951662831{padding-top: 20px !important;padding-right: 20px !important;padding-bottom: 20px !important;padding-left: 20px !important;background-color: #ffffff !important;border-radius: 25px !important;}”][vcex_feature_box heading=”” style=”left-image-right-content” content_vertical_align=”true” content_width=”60%” media_width=”40%” img_lazy_load=”false” image_object_fit=”contain” image=”215″ gap=”10″]Visa expiry alerts and weekly updates[/vcex_feature_box][/vc_column_inner][vc_column_inner width=”1/3″ css=”.vc_custom_1666951717645{padding-top: 20px !important;padding-right: 20px !important;padding-bottom: 20px !important;padding-left: 20px !important;background-color: #ffffff !important;border-radius: 25px !important;}”][vcex_feature_box heading=”” style=”left-image-right-content” content_vertical_align=”true” content_width=”60%” media_width=”40%” img_lazy_load=”false” image_object_fit=”contain” image=”216″ gap=”10″]PO Box renewals[/vcex_feature_box][/vc_column_inner][vc_column_inner width=”1/3″ css=”.vc_custom_1666951730895{padding-top: 20px !important;padding-right: 20px !important;padding-bottom: 20px !important;padding-left: 20px !important;background-color: #ffffff !important;border-radius: 25px !important;}”][vcex_feature_box heading=”” style=”left-image-right-content” content_vertical_align=”true” content_width=”60%” media_width=”40%” img_lazy_load=”false” image_object_fit=”contain” image=”217″ gap=”10″]Consultancy support[/vcex_feature_box][/vc_column_inner][/vc_row_inner][vc_empty_space height=”53px”][/vc_column][/vc_row][vc_row full_width=”stretch_row” disable_element=”yes” remove_bottom_col_margin=”true” css=”.vc_custom_1702036078121{margin-bottom: 0px !important;padding-top: 80px !important;padding-bottom: 80px !important;background-color: #f9f9f9 !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}”][vc_column][vc_column_text]
UNIQUE FEATURES OF ACT CORPORATE PRO SERVICES PACKAGE
[/vc_column_text][vc_empty_space height=”5px”][vc_row_inner remove_bottom_col_margin=”true” css=”.vc_custom_1666934148722{margin-top: 32px !important;}”][vc_column_inner][vc_toggle title=”Dedicated Account Manager” style=”simple” open=”true” custom_font_container=”tag:h3|font_size:16px|text_align:left|color:%2300467c” custom_use_theme_fonts=”yes” use_custom_heading=”true” custom_el_class=”faq-heading”]We will assign a dedicated point of contact that will be in charge of the client’s account. Equally important, is that they will be the ones to update the client about the status of their job orders and keep them in the loop with all the work.[/vc_toggle][vc_toggle title=”Timely reminders linked to visas and licensing renewals” style=”simple” open=”true” custom_font_container=”tag:h3|font_size:16px|text_align:left|color:%2300467c” custom_use_theme_fonts=”yes” use_custom_heading=”true” custom_el_class=”faq-heading”]We ensure to timely provide renewal reminders. Furthermore, to help clients keep track of their legal requirements and renewals which include visa renewals and trade license reapplications.[/vc_toggle][vc_toggle title=”Cost savings on government fees where possible” style=”simple” open=”true” custom_font_container=”tag:h3|font_size:16px|text_align:left|color:%2300467c” custom_use_theme_fonts=”yes” use_custom_heading=”true” custom_el_class=”faq-heading”]ACT will review the current company setup, licensing, MOL Class and visa applications, in order to educate their client on and provide help with every avenue that can provide cost savings.[/vc_toggle][vc_toggle title=”Free Local Sponsorship* / Free Local Service Agent” style=”simple” open=”true” custom_font_container=”tag:h3|font_size:16px|text_align:left|color:%2300467c” custom_use_theme_fonts=”yes” use_custom_heading=”true” custom_el_class=”faq-heading”]We are the only company in the UAE that provide Free Local Sponsorship. To emphasize, signing an annual contract with us allows you to avail free corporate sponsorship or free service agent services. ACT wants to support the growth of your business and quantify the services we provide.[/vc_toggle][vc_toggle title=”Secure storage of information” style=”simple” open=”true” custom_font_container=”tag:h3|font_size:16px|text_align:left|color:%2300467c” custom_use_theme_fonts=”yes” use_custom_heading=”true” custom_el_class=”faq-heading”]We ensure that all employee and company data is secure given that our CRM system encrypts it. Furthermore, there is additional protection through firewalls and malware protectors.[/vc_toggle][vc_toggle title=”Secure document transmittal” style=”simple” open=”true” custom_font_container=”tag:h3|font_size:16px|text_align:left|color:%2300467c” custom_use_theme_fonts=”yes” use_custom_heading=”true” custom_el_class=”faq-heading”]Due to the movement of important information between the client and us. We offer hassle-free document pick and drop-off service on the location that you prefer. For instance, all documents collections only occur using secure lock bags.[/vc_toggle][vc_toggle title=”Timely updates on laws and compliance” style=”simple” open=”true” custom_font_container=”tag:h3|font_size:16px|text_align:left|color:%2300467c” custom_use_theme_fonts=”yes” use_custom_heading=”true” custom_el_class=”faq-heading”]To put it in another way, you are always up-to-date with all the latest government rules and regulations. Achieved through a memo system with accurate and concise information linked to your business.[/vc_toggle][vc_toggle title=”Reconciliation of invoices for government expenses” style=”simple” open=”true” custom_font_container=”tag:h3|font_size:16px|text_align:left|color:%2300467c” custom_use_theme_fonts=”yes” use_custom_heading=”true” custom_el_class=”faq-heading”]ACT will give you a detailed breakdown and receipts of all government charges. As a result, you will know exactly how much a visa or license costs you[/vc_toggle][vc_toggle title=”Provision of original government receipts and invoices” style=”simple” open=”true” custom_font_container=”tag:h3|font_size:16px|text_align:left|color:%2300467c” custom_use_theme_fonts=”yes” use_custom_heading=”true” custom_el_class=”faq-heading”]By and large, this will provide you with a very clear picture of expenses. Ultimately, showing you the real costs incurred[/vc_toggle][/vc_column_inner][/vc_row_inner][vc_empty_space][/vc_column][/vc_row]