Local Sponsorship
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 to 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.
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.
We as a business setup company ensure that your business is entirely yours and you alone enjoy all the profits.
Thus, Hotline Holding Group becomes your “silent partner”.
Business Benefits of Corporate Sponsorship
- No Interference from the Sponsor – one of the main advantages of corporate sponsorship is that we will let you maintain complete control over your business and not interfere everyday running of your business plan. You will have complete control over the management, staff, clients and service offering, regardless of the company holding majority of the shares.
- 100% Financial Benefits – even though the sponsorship company has 51% of the shares, the financial benefits belong completely to the foreign investitor, which is another advantage comparing to individual sponsorship programs.
- Succession Planning is not needed – if for whatever case something happens to the individual sponsor, you are exposing yourself to the risk of going through “succession planning” or keeping a legally-binding plan in place, which is time and money consuming. Cooperating with Corporate Sponsorship is saving you from avoiding this potential risk.
- In-depth Protective Contracts – Corporate Sponsorship comes along with all the legal protection you need. Most corporate sponsors provide detailed contracts drafted by first-tier legal counsel with each term very clear, wich ensures that rights of business owners and their shareholders are fully secured.
- Fast and Structured Document Completion – Corporate sponsorship is more structured and takes documentation completion period hassle free and in short amount of time.
- Branding Advantage – when you are just starting your business in UAE, you have a long road of reputation to build. When the right corporate sponsor associates with you, their positive image, respected identity and favorable public opinion benefits yours and increases you credibility.
- Demographic Reach Increase – another aspect of every start up business that is hard to achieve in beginning is high demographic reach. Having a Corporative Sponsor helps new customers that are already in sponsor’s base learn about you.