Shuraa

Category: Business Leadership

  • Rising FDI in UAE: Which Sectors Are Attracting the Most Capital

    Rising FDI in UAE: Which Sectors Are Attracting the Most Capital

    Dubai, 09 March 2025 – In a landmark achievement, Dubai has secured the top global position for Greenfield Foreign Direct Investment (FDI) projects for the fourth consecutive year, as per fDi Markets data from the Financial Times Ltd. This surge in UAE foreign investment reflects the city’s growing global appeal across diverse economic sectors and highlights Dubai’s strategic focus under the Dubai Economic Agenda D33.

    In 2024, Dubai attracted a record AED 52.3 billion ($14.24 billion) in FDI capital — a 33.2% rise from the AED 39.26 billion ($10.69 billion) recorded in 2023. This marks the highest annual FDI inflow ever for the emirate, affirming Dubai’s growing stature as a magnet for international investors.

    Sectors Fueling Dubai’s FDI Surge

    According to the Dubai FDI Monitor, sectors such as hotels and tourism, real estate, software and IT services, financial services, and building materials were the top attractors of capital. These five sectors alone accounted for 53% of the total FDI inflows.

    On the project front, the leading sectors were business services (19.2%), food and beverages (16.5%), software and IT (14.3%), textiles (9.6%), and consumer products (8.3%), collectively contributing to 68% of all announced FDI projects. This diversified growth showcases Dubai’s broad investment appeal, spanning technology, manufacturing, and hospitality.

    Strategic Growth Across High-Potential Sectors

    Dubai also led globally in attracting FDI into emerging and strategic sectors such as cybersecurity, artificial intelligence, advanced information technology, and e-commerce. The city’s share of global FDI projects in Advanced Information Technologies rose to 8% in 2024, up from 7.3% in 2023.

    Regionally, Dubai topped the charts in the Middle East and Africa (MEA) for Greenfield FDI projects, capital, and jobs. The emirate also retained its No.1 global rank in attracting HQ FDI projects for the third consecutive year, with 50 new headquarters established in 2024.

    Investor Confidence at an All-Time High

    Reinvestments surged by 98%, while venture capital-backed FDI grew by 39%, and mergers & acquisitions increased by 8%. New Forms of Investments (NFIs) also climbed 23%, signalling sustained investor confidence in Dubai’s evolving economy.

    India led as the top source of FDI capital into Dubai in 2024, accounting for 21.5% of the total, followed by the United States (13.7%), France (11%), the UK (10%), and Switzerland (6.9%). Meanwhile, the top five countries by project count were the UK, India, the US, France, and Italy.

    Visionary Leadership and Economic Resilience

    His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum attributed Dubai’s success to the leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum and the ambitious goals of the D33 Agenda, which aims to double the size of Dubai’s economy by 2033. “Dubai continues to rise as a global magnet for investment, enterprise, and talent,” Sheikh Hamdan said.

    Helal Saeed Almarri, Director General of the Dubai Department of Economy and Tourism (DET) emphasised that Dubai’s FDI success stems from its resilient ecosystem, strategic partnerships, and forward-thinking policies. “Our digital-first infrastructure, cost-effective energy solutions, and innovation-driven outlook position Dubai as the top choice for global investors,” he added.

    UAE’s National FDI Landscape

    At the national level, the UAE attracted USD 30.7 billion in FDI in 2023, up from USD 22.7 billion in 2022, ranking it second globally in terms of FDI inflows. The UAE FDI landscape has evolved through policies like Decree Law No. 19 of 2018, allowing 100% foreign ownership in permitted sectors, boosting foreign direct investment in UAE mainland markets.

    Promising FDI sectors across the UAE include fintech, healthcare, education, ecommerce, logistics, renewable energy, media and entertainment, agritech, space, manufacturing, gaming, smart cities, and creative industries.

    Legal Pathways and Incentives

    Foreign investors in the UAE can choose from several legal forms — including LLCs and joint stock companies — to set up FDI projects. Licensing procedures vary by emirate, with Dubai and Ras Al Khaimah actively processing applications under the Positive List. Key incentives include streamlined incorporation under the NextGenFDI initiative, reduced licensing timelines, and greater legal clarity on sectoral ownership.

    Outlook for 2025

    According to UNCTAD, global FDI is expected to grow moderately in 2025, driven by geopolitical realignment and a tech-led economic recovery. Dubai’s strong infrastructure, progressive policies, and commitment to innovation position it as a resilient hub amid global uncertainties, particularly in sectors such as artificial intelligence (AI), renewable energy, cybersecurity, and the digital economy.

    With a global FDI market share of 6.2% and 55% of the Middle East’s Greenfield projects, Dubai remains a benchmark for investment excellence, exemplifying the future of business, innovation, and sustainable growth.

    For more on foreign investment opportunities, visit the UAE Ministry of Economy’s “Grow in UAE” portal or review the UAE’s FDI Guide.

  • The Top Food Manufacturing Companies in UAE

    The Top Food Manufacturing Companies in UAE

    The food processing industry in the UAE has been experiencing significant growth in recent years, with a number of top food manufacturing companies in the UAE leading the way. These companies play a crucial role in meeting the food demands of both residents and tourists in the UAE.

    From dairy products to packaged snacks, these companies produce a wide range of food items that are consumed on a daily basis.

    Let’s explore the top food manufacturing companies in the UAE and learn more about their contributions to the ever-growing food market.

    Food Industry in Dubai

    The food industry in the UAE, especially in Dubai has experienced significant growth and diversification in recent years. Dubai’s strategic location, booming tourism sector, and its status as a global business hub have contributed to the expansion of its food industry.

    The food processing industry alone contributed AED 12 billion to Dubai’s economy in 2022, with a projected annual growth rate of 5%. The UAE government also actively promotes food security by encouraging local production and reducing reliance on imports.

    Variety on the Menu

    Food companies in Dubai or UAE produces a wide range of products, including:

    • Dairy: Major players like Emirates Food Industries (EFI) manufacture dairy products like milk, cheese, and yogurt.
    • Bakery: Bread, pastries, and other baked goods cater to the local and regional markets.
    • Beverages: From bottled water to juices and soft drinks, Dubai manufactures a wide variety of beverages.
    • Snacks: The industry produces a large selection of snacks, from potato chips to nuts and dried fruits.
    • Convenience Foods: Ready-made meals and frozen food cater to busy lifestyles.

    Top Food Manufacturing Companies in the UAE

    Here is the list of the top 12 food companies in Dubai and across the UAE:

    1. Emirates Food Industries (EFI)

    Emirates Food Industries, also known as EFI, is a large food and beverage company headquartered in Dubai. Established in 1999, EFI is a large conglomerate with a diverse food and beverage portfolio. They own several well-known brands in the UAE, including:

    • National Food Industries: A leading manufacturer of snack foods in the Middle East
    • Al Rawabi Dairy Company: The UAE’s largest dairy company
    • National Foods Company: A producer of a variety of food products, including flour, rice, and pasta
    • Al Ain Farms: A pioneer in the UAE’s dairy industry

    EFI is a major player in the UAE’s food and beverage sector, with a strong presence across various categories. The company’s vertically integrated operations allow it to control the entire supply chain to esnure quality and efficiency.

    • Specialization: Dairy, snack foods, flour, rice, pasta, and other food products

    2. Al Islami Foods

    Al Islami Foods is a Dubai-based company founded in 1981. It’s one of the leading processors and distributors of halal meat, poultry, and frozen food products in the Middle East and North Africa (MENA) region.

    They are one of the leading processors of meat in the UAE and a trusted household brand known for high-quality and innovative products. Their commitment to halal production and hygiene standards has earned them a loyal customer base. The company has a well-developed distribution network that reaches consumers across the UAE and beyond.

    • Specialization: Halal meat, poultry, and frozen food products

    3. Delta Food Industries

    Founded in 2012, Delta Food Industries is a Sharjah-based company that manufactures a wide range of food products.

    Delta Food Industries has grown rapidly in a short period and established itself as a major player in the UAE’s food manufacturing sector. Their dedication to quality and innovation has helped them build a strong brand reputation.

    • Specialization: Dry grocery products like pasta, rice, flour, pulses, spices, nuts, and snacks like cookies and chips. They also produce dairy products, including milk, cream, and cheese.

    4. Global Food Industries

    Global Food Industries is a leading manufacturer of frozen food products in the UAE. It was founded in 1992 and headquartered in Sharjah, the company offers a wide variety of frozen seafood, meat, poultry, and vegetable products.

    It is a major supplier of frozen food products to supermarkets, restaurants, and hotels in the UAE and the wider region. The company is known for its high-quality products and its commitment to food safety.

    • Specialization: Frozen seafood, meat, poultry, and vegetable products

    5. National Food Products Company (NFPC)

    NFPC is a well-established food manufacturing company in the UAE. Since its inception in 1971, NFPC has been a key player in the food industry, offering a wide range of products across various categories.

    NFPC places a strong emphasis on research and development to create innovative and nutritious food options for consumers. With a focus on sustainability and customer satisfaction, NFPC has earned a reputation as a leading food manufacturer in the UAE and beyond.

    • Specialization: dairy products, juices, snacks, and culinary products.

    6. Dubai Refreshment Company (DRC)

    DRC is a leading manufacturer and distributor of food, water, and beverage products in Dubai. They have a long-standing reputation for excellence and produce popular brands like:

    • Arqa: Bottled drinking water
    • Oasis: Carbonated beverages
    • Barbican: Malt beverages
    • Yoohoo: Chocolate milk

    Why is it among the top? DRC is a household name in Dubai, offering a range of essential and popular food and beverage products. They focus on quality, safety, and cater to diverse consumer tastes.

    • Specialization: Food, water, and beverage products (bottled water, carbonated beverages, malt beverages, chocolate milk, etc.)

    7. United Food Industries (UFI)

    UFI is a major player in the UAE’s food industry, headquartered in Abu Dhabi. They manufacture and distribute a broad range of food products under well-recognized brands like Aseel, Safi, Nawar, Mumtaz, Della Terra, and Super Sun.

    UFI offers a diverse product portfolio, catering to various consumer needs and taste buds. Their established brands hold a strong reputation in the market, ensuring consistent quality and customer satisfaction.

    • Specialization: Diverse range of food products (snacks, cooking oils, condiments, juices, etc.) under established brands.

    8. Agthia

    Agthia is one of the leading food and beverage companies in the UAE, specializing in the production of a wide range of products including water, flour, animal feed, and packaged food. It offers a comprehensive range of high-quality food and beverage products across various categories to consumers in the UAE, GCC region, Turkey, and the wider Middle East.

    • Specialization: Al Ain water, Yoplait yogurt, Al Foah dates, Al Faysal bakery & sweets, Atyab (frozen vegetables), and Al Ain frozen vegetables.

    9. Hunter Foods

    Hunter Foods is a leading manufacturer and distributor of high-quality sausages, cold cuts, and other processed meat products.

    Hunter Foods is known for its innovative and flavourful products, catering to a wide range of consumer preferences. They prioritize high-quality ingredients and adhere to strict food safety standards.

    • Specialization: Processed meat products (sausages, cold cuts, luncheon meats)

    10. Al Rawabi Dairy Company

    Al Rawabi Dairy Company is one of the largest dairy producers in the UAE. It is renowned for its high-quality dairy products and commitment to animal welfare and sustainability.

    Al Rawabi operates modern dairy farms and production facilities equipped with advanced technology to ensure the freshness and safety of their products. Their product range includes fresh milk, yogurt, cheese, and other dairy products, all made from locally sourced ingredients.

    • Specialization: Dairy products (milk, yogurt, cheese, etc.)

    11. Majan Food Industries LLC

    Majan Food Industries is a leading manufacturer and distributor of food products based in Ajman. They offer a broad range of items under their own brands and private label products.

    Why is it among the top? Majan Food Industries caters to a diverse consumer base with its extensive product portfolio, including cooking oils, condiments, spices, bakery products, and beverages. Their ability to adapt to market trends and offer competitive pricing contributes to their success.

    • Specialization: Diverse range of food products (cooking oils, condiments, spices, bakery products, beverages)

    12. Bayara

    Bayara is a leading manufacturer and distributor of food products with a focus on Middle Eastern and Mediterranean cuisine. They offer a wide range of products under their own brand “Bayara” and also produce private label goods.

    It is renowned for its high-quality and flavourful Middle Eastern and international cuisine products. Their product portfolio includes a variety of items like tomato paste, jams, canned vegetables, pulses, legumes, nuts, and spices.

    • Specialization: Middle Eastern and international cuisine products (tomato paste, jams, canned vegetables, pulses, legumes, nuts, spices)

    Opportunities for Entrepreneurs in the Food Industry in the UAE

    • The UAE’s population is a beautiful mix of cultures and nationalities. This creates a demand for a wide variety of cuisines, from niche international flavours to healthy and organic options.
    • People are becoming more health-conscious, and the UAE is no exception. This presents opportunities for entrepreneurs to cater to dietary needs with organic, gluten-free, or vegan options.
    • People are increasingly ordering food online. Cloud kitchens with low overhead costs and delivery apps can cater to this demand efficiently.
    • The food industry is broader than just restaurants. There’s a demand for services like catering companies for events and corporate functions, or meal preparation companies.
    • The food industry thrives on creativity. If you have a unique concept, recipe, or food product, there’s a market for it in the UAE.
    • Food trucks are a popular and affordable way to serve up delicious food. Find a unique concept and set up shop at popular locations.

    What is the Food Safety Law in the UAE?

    The main legislation governing food safety in the UAE is the Federal Law No. 10 of 2015 on Food Safety. This law outlines various regulations and standards to ensure the safety and quality of food throughout the entire supply chain.

    Here are some key aspects of this law:

    • The law emphasizes ensuring the safety and edibility of food throughout all stages, from production to consumption.
    • No food can be imported for the first time into the UAE without approval from the Ministry of Climate Change and Environment (formerly Ministry of Environment and Water).
    • All food businesses operating within the UAE, at any stage of the food chain (production, processing, distribution, etc.), require a license or registration from the relevant authorities.
    • The law emphasizes the importance of being able to trace food items throughout the supply chain.
    • The law outlines strict penalties for violations, including fines and imprisonment, depending on the severity of the offense.

    Shuraa Sets the Table for Your UAE Business

    The top food manufacturing companies in the UAE have set a high standard for quality and innovation in the industry. For entrepreneurs looking to enter the market, there are plenty of opportunities for success and growth.

    If you’re interested in producing traditional Emirati delicacies or introducing new international flavours to the market, the UAE offers a supportive environment for food manufacturing businesses.

    To ensure a smooth and successful business setup process, it is highly recommended to seek assistance from professionals like Shuraa Business Setup. Our business setup experts in Dubai can help you with the complexities of setting up a food manufacturing company in the UAE including company registration, licensing, approvals, PRO services, office space, visa assistance and beyond.

    So, contact us today for a free consultation at +971 44081900 or WhatsApp at +971 507775554 or drop an email at info@shuraa.com.

  • How to Find a Local Sponsor in UAE?

    How to Find a Local Sponsor in UAE?

    Finding a local UAE sponsor who is reliable and encourages your business outlook could be a tough task, especially if you are new to the country. Anyone wanting to start a business in Dubai or anywhere across the various emirates, must start by first tying with an Emirati national. 

    Finding a local sponsor in Dubai is the most crucial aspect of setting up a business. This is mainly because if you end up with a wrong sponsor, it will create difficulties in regulating your company. However, before we explore the path of securing a local sponsor for business in Dubai, it essential to learn everything about this process and why is it needed. 

    What is local sponsorship in UAE?

    Local sponsorship in UAE basically means that you need to partner with a UAE national also referred to as an Emirati. According to the Commercial Companies’ Law, setting up a limited liability company mandates you to have a business partner. 

    The partnership or local sponsorship in UAE is contracted as per the Article 10 (1) of the Federal Law No. 2 of 2015, which states that every UAE national entering into an agreement of a local partnership with a foreign investor shall hold at least 51 percent of the shares in the company. Nevertheless, this does not mean that you need to share the income, profits, and loss that are incurred by the company. Local sponsorship in UAE also can be contracted on your terms through an Investor’s Right Protection Contract.

    Watch the video below to get a better understanding of the sponsorship requirement

    Why do you need a local sponsor?

    One of the essential foundations of starting a business in Dubai or anywhere across the UAE is to partner with a UAE national, also referred to as a local sponsor.

    You need a local sponsorship in UAE to regulate in accordance with the UAE commercial companies’ law. Moreover, having a local sponsorship in UAE allows you to take advantage of the exclusive benefits of setting up a limited liability company.

    How to Find a Local Sponsor in the UAE?

    It’s vital to collaborate with a reliable local sponsor for business in Dubai to carry out risk-free business activities. Here are a few pointers that’ll help you find the perfect business sponsor: 

    Step 1. Ensure that the sponsor is legitimate, especially if you’re collaborating with an individual local sponsor. Perform a brisk background check to understand who they are and make a contract only when you’re fully satisfied with your findings.

    Corporate sponsors in the UAE who come from credible families and are respected in society are the best individual sponsors. Moreover, you can also get in touch with the business advisors at Shuraa, and we’ll help you with your incorporation requirements. 

    Step 2. You should look for a UAE company local sponsor based on your operational requirements. For instance, an investor who wishes to explore the government sector and procure such projects should hire government personnel as their local sponsors. Furthermore, inquire about their linguistic expertise to avoid any language obstacles that might lead to unwarranted confusion.

    Step 3. Discuss everything about the local sponsor fees in Dubai, compensation, and advantages of the local sponsorship contract. Keep the progress well documented. In addition, ensure that you’re not paying anything more than the standard compensation fee. 

    You might come across individuals who’ll claim that they have a sizable business network, but it’s your responsibility to examine their claims and make a researched decision. 

    Types of Local Sponsors in Dubai

    Expatriates must have a local sponsor for business in Dubai if their business activities don’t satisfy the criteria for 100% foreign ownership in the Dubai mainland. The same is administered under the commercial Companies’ Law, and any non-compliance can lead to repercussions. Hence, you should know the different types of local sponsors in case you need a local sponsor in Dubai: 

    Corporate Local Sponsor

    Corporate sponsor in Dubai can be a government or local body that concurs to partner with you for your business incorporation. As per Article 10 (A) of Federal Law No.2 (2015), any Emirati that agrees to become a local sponsor for the foreign business must possess a minimum of 51% equity shares in their organization. The type of venture and company framework you want to have also plays a critical role in finalizing the corporate sponsorship in Dubai. 

    Individual Local Sponsor

    You can collaborate with an individual local sponsor in the UAE to launch an LLC in the Dubai mainland. Entrepreneurs looking to establish a commercial business in the UAE prefer to partner with an individual local sponsor as they usually don’t get involved in the operational activities. 

    Just like in the case of a corporate local sponsor, the individual local sponsor should also possess a minimum of 51% shareholding in the foreign firm. The UAE’s government is a vehement supporter of gender equality. Therefore, both males and females are eligible to become local sponsors for setting up a business in Dubai.

    Local Service Agent as a Sponsor 

    If you wish to secure a professional business license and provide services to your consumers in the mainland region, you should go for a service agent as a local sponsor. This agent is an Emirati resident. 

    Roles and Responsibilities of a Local Sponsor in Dubai 

    Your sponsor would have a lot more responsibilities than just having a 51% shareholding in your company. Local sponsors assist in: 

    • Procedures involved in bank account closure.
    • Settlement of outstanding debts (if applicable)
    • Help in the license renewal process and translation work (in Arabic)
    • Provide signature on behalf of the foreign business owner in several contracts and government applications.
    • Cancellation of employee’s labor status and employees work visa.
    • Provide their opinion on local law enforcement and suggestions that’ll help you grow your business in the UAE.

    How to change a local sponsor in Dubai?

    Follow the steps mentioned below to change your local sponsor in Dubai: 

    1. Discuss with your current sponsor

    Try to clear out any confusion and disputes with your current sponsor. Consider their point of view and come up with solutions that can settle the argument outside the court.

    2. Involve other stockholders

    It’s imperative to ensure that all your partners are on the same page with regard to the future of your current sponsor. Therefore, discuss with them and share your collaborative opinion with your existing local sponsor.

    3. Prepare the documents

    You need to submit the required documents (notarized MoA, labor and immigration documents, etc.) within the defined time frame for a smooth transition of your sponsor. All the paperwork should be confidentially shared with the court or the concerned jurisdiction handling your case.

    4. Approach the court

    The next step is to lodge an application requesting the change of your current local sponsor. Your UAE sponsor also needs to acknowledge this transition formally in the court to legitimise the procedure. Once everything’s verified, a new application would be filed by the legal authorities for the regeneration of your trading license.

    5. Find a new local sponsor

    Once all the above steps are legalised, you can onboard a new local sponsor for your business in Dubai. Ensure that you choose a reliable one like Shuraa because changing UAE sponsors is a hectic process that consumes a lot of time, energy, and money.

    What is the Local Sponsor Fee in Dubai? 

    The average local sponsor cost is somewhere around AED 8,000 per year. However, you need to consider several factors before the final fee for a local sponsor is drafted and agreed upon. These include:

    • Nature of your business
    • Local sponsor’s involvement in legal formalities
    • Local sponsor’s involvement in day-to-day business activities
    • Partnership tenure

    We, at Shuraa, become your sleeping partners for an annual remuneration and empower you to enjoy complete operational ownership of your business.

    Does your business need local sponsorship in the UAE?

    As per the law, anyone willing to start an LLC company should partner with a UAE national. Mainland companies under a limited liability company structure are subject to local sponsorship in the UAE.

    Business such as general trading, contracting, real estate, advertising, technical services, industrial and manufacturing license, cargo and logistics industries, textile businesses, cosmetic and perfume businesses, electronic industries, cleaning equipment industries, fuel and petrochemical industries, jeweler business etc. need local sponsorship in UAE. To check whether your business needs a local sponsorship in the UAE. click here and connect with an expert.

    The best way of finding a local UAE sponsor:

    Are you looking for a UAE local sponsorship? The best way to find a local UAE sponsor in Dubai is with SHURAA BUSINESS SETUP. We at Shuraa Business Setup can secure your partnership! We ourselves become your contracted local partner as per your terms guaranteeing complete protection. This law is not restricted to all business activities but certainly to commercial and trading businesses. We as a business setup company ensure that your business is entirely yours and you alone enjoy all the profits.

    Thus, Shuraa Business Setup becomes your silent partner or sleeping partner. A contracted court agreement called the Investor’s Right Protection Contract allows us to offer you 100% business operational ownership. Our lawyers prepare water-tight protection contracts to secure investors’ interests and ensure that the investors are fully protected at all times. Shuraa Business Setup as your local UAE partner only charges a nominal annual partnership fee. 

    We help you with the legalities of setting up a business in the UAE and provide you with FREE PRO services for the year if your company is under Shuraa’s sponsorship. Speak to a business setup consultant today! Contact us or call us on +97144081900. You may also email us on info@shuraa.com or WhatsApp on +971507775554.

  • Local Partner in the UAE: What You Need to Know

    Local Partner in the UAE: What You Need to Know

    Having a local partner to do business is a requirement enforced across the United Arab Emirates. Many of the foreign investors are not introduced to the concept of commercial partnership with a UAE national which is also referred to as a Local Sponsor in Dubai, UAE.

    If you are analysing the need for a local partnership or local sponsorship or are not sure whether you need a local partner to do business in Dubai, then you must read this article.

    So, who is a local partner?

    A local partner or a local sponsor is an Emirati national, who may have the qualification pertaining to the relevant business activity.

    According to the directives specified by the UAE Commercial Companies Law, every UAE national entering into an agreement of a local partnership with a foreign investor shall hold at least 51 percent of the shares in the share capital of an LLC as per Article 10 (1) of the Federal Law No. 2 of 2015. Any company established shall have one or more UAE partners holding at least 51 percent of the share capital of the company as per the rule.

    Does business set up in the UAE need a local partner?

    Not all business setups require a local sponsor in UAE Mainland. For instance, professional companies do not require a UAE local sponsor or partnership with a UAE national and can be under 100% foreign ownership. Even small businesses in Dubai and in other parts of UAE such as a salon, a cafeteria, coffee shops, IT services, consultancy licenses, etc. do not need a local partnership and can enjoy 100% ownership.

    But businesses such as general trading and companies that need commercial licenses do require a local sponsor, who owns a minimum 51% of shares in the company. This clause sometimes becomes a challenging experience for foreign investors.

    What are the types of local partners or local sponsors in the UAE?

    There are mainly 3 types of local partnership or sponsorship, available t businessmen and entrepreneurs across the UAE those are –

    • Corporate Partnership, wherein a UAE company holds 51% of the share and liabilities of a company owned by an individual or group of partners of a foreign origin.
    • Individual Sponsorship is when an Emirati national in his or her individual capacity becomes the local sponsor of a company.
    • Local Service Agent is when a local Emirati merely act as a representative of a company in all administrative dealings with government departments. It is mainly applicable for professional companies and the local service agent does not hold any shares of your company.

    How to get a reliable local partner in the UAE?

    Finding a reliable local partner in a foreign country can be difficult for most investors and entrepreneurs. Also, sharing the majority of shares with a recently know commercial entity could be petrifying. Hence, the best way to get a reliable local partner is through a business setup service provider and who better than Shuraa Business Setup.

    Shuraa Business Setup is a leading business setup service provider in the UAE. Shuraa has registered more than 100,000 companies over the last 26 years. We offer reliable local partners as well as allow you to have complete ownership of your company.

    Shuraa Business Setup does not involve in any of your business proceedings and has no share in the profits and liabilities of the company. We have a documented court agreement that states it all so that your interest is assured at all times.

    To know more about business sponsorship services or business partnership services with Shuraa Business Setup call us on +97144081900 or to request a call back on +971507775554. You can also email us on info@shuraa.com or log on blog.shuraa.com/.