LOCAL SPONSOR An individual local sponsor is where a UAE national in their own personal capacity holds 51% of shares in a mainland limited liability company. The Emirati sponsor – being the majority shareholder of the LLC may give a Power of Attorney to the foreigner in exchange for a fixed annual fee. There are a few business activities where the requirement is for a local sponsor to have certain qualifications and experience and they must hold 100% of the shares in the mainland company again in exchange for a fixed annual fee. CORPORATE SPONSOR / CORPORATE NOMINEE Referring to Article 10 – UAE Commercial Companies Law (CCL) specifies that a UAE mainland Limited Liability Company must have a minimum of 51% share capital owned by a UAE national. Often this arrangement is required for a mainland Department of Economic Development (DED) commercial license type or an industrial license business registration. Creation Business Consultants provide a corporate sponsor or corporate nominee agreement to satisfy this legal requirement. CORPORATE – LOCAL SERVICE AGENT Article 329 – CCL specifies that a professional license company must have an appointed agent. Often this arrangement is required for a mainland DED professional license registration. Creation Business Consultants provide a National Service Agent (NSA) also known as a Local Service Agent (LSA) to satisfy this requirement.