Oryx World Business Centre,
Dubai - UAE
info@oryxworld.com
+(971) 44 46 2000
Innovative Business Solutions
Types of licenses provided
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For some commercial and industrial licenses, a UAE national acting as a sponsor is required to hold no less than 51% shareholding in the business.
A UAE national appointed as a local service agent (LSA) has no shareholding in the business, which means the foreign entrepreneur retains 100% ownership of the business. The LSA is merely required to assist labour and immigration matters. This is usually the case with professional licences.
To set up your onshore business, the following process will take place:
Citizenship | Finance | Property | Business Setup | Employment Services
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