Share Capital and Shareholders in Local Companies

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  • #5400

    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 ?

    #5401

    Either way, when another national comes in they must always have a local sponsor.

    #5402

    …. if they bring in additional investors they need a local UAE national sponsor
    … the local sponsor always has 51%
    UAE national is the Sponsor. He doesn’t invest anything but has 51% in the agreement
    … when international investors come in as partners they share the 49% in local companies

    However, in freezone companies, they can have 100%

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