![](https://assets.entrepreneur.com/content/1x1/300/20170613120426-HaydenMollard02.jpeg?format=pjeg&auto=webp&width=240&height=240&crop=1:1)
Hayden Mollard
Bio
Latest
Choosing Individual Or Corporate Sponsorship For Your UAE Business
We will look more closely at LLC companies, for which there are two paths for entrepreneurs: an individual local sponsor or a corporate sponsor. Both take a 51% share in your company but with different implications.
Setting Up Shop In The UAE: The Role Of A Local Sponsor For Your Enterprise
Any mainland business that has activities which fall under commercial or industrial licenses can only be 49% owned by a foreign entrepreneur– with a local sponsor owning the other 51% stake.
More Authors You Might Like
-
Bryan Lovgren
Co-Founder of TrustaFact
-
Vasily Voropaev
CEO of Smartbrain.io
-
David James
Staff writer
-
Artis Rozentals
CEO of DeskTime
-
Jacqueline Whitmore
Author, Business Etiquette Expert and Founder of The Protocol School of Palm Beach
-
Emily Rella
Senior News Writer
-
Emily Washcovick
Small Business Expert at Yelp