Office in Dubai City Center, No Emarati Partner

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  • #5385

    I have Saudi Partner who with me and another Indian partner want to open an office in Dubai city center, not in FTZ.
    Is this possible without taking an additional Emirati partner to form the company ?

    #5392

    Saudi Partner + Indian partner = Local Sponsor is required

    Saudi partner alone wants to form a company = No sponsor is required

    Indian partner + Saudi partner = Local Sponsor is required

    #5393

    Yes. GCC nationals can form their own local company. But if another nationality comes in with him then an Emirati partner is needed.

    #5397

    Ok then I will tell my Saudi partner to start the company alone in UAE and invite us 2 to join him as partners. Is that allowed in Dubai ?

    We have 2 options:
    Option 1: Saudi Citizen has already established UAE entity in Dubai and invites us 2 to be equal partners 33.3%. Is this allowed ?

    Option 2: We bring in Saudi Investor to open office in Dubai with minority stake awarded to him at 20%. 80% equity is kept with us 2.
    Is this possible ?

    #5405

    To form a local llc company 51% share will owned by duabi sponsor and 49% can be will be ( you, saudi citizen, indian anyone)

    Option 1: Saudi Citizen has already established UAE entity in Dubai the he will be 100% owner of the company.
    If he adds indian or any expact then he will require dubai local sponsor who will be 51% share holder of the company

    Option 2: The moment you have a local sponsor he automatically becomes 51% share holder and you become 49% and within 49% you can decide how much % you want to give to saudi national

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