UAE Sponsorship

Companies established in the United Arab Emirates and more specifically Limited Liability Companies (LLC) must appoint a UAE national partner or partners who hold at least 51 percent of the company’s capital as per the Commercial Companies Law.

The Next Era Group of Companies is the leading firm providing corporate sponsorship and partnership. We act as the local corporate nominee partner so that our clients can appoint a corporate sponsor rather than an individual. The foreign party (49% shareholder) has 100% control in all the operational, financial and management fields.

The Next Era Group of Companies also acts as Corporate Local Service Agent for companies engaging in professional business activities and for Branches of Foreign Companies as well as Representative Offices.

Please give us a call today to find out more about corporate sponsorship solutions.

Corporate Local Sponsorship

Foreign equity in the company cannot exceed 49 percent therefore a UAE national sponsor must hold a 51 percent shares.

Sponsors are mostly individuals who are appointed by foreign investors to form an LLC. We, at Next Era offer the privilege to our clients to appoint a Corporate entity to act as a “Sponsor” rather than an individual offering greater benefits and security to the foreign investor and giving more prestige to the company. The Next Era Group of Companies, namely, Next Era Alliance Investment will act as your Local Sponsor.

The main Advantages of appointing a Corporate National Sponsor rather then an individual are:

  • Your company will be sponsored by a Corporate Entity and not an individual
  • More prestige to your company
  • A Corporate Sponsor cannot fall ill or pass away or become unreachable
  • More professional approach
  • More structured arrangement
  • Keeping a professional relationship with an entity taking out the emotional side when dealing with an individual.
Corporate Local Service Agent Partnership

Branch of Foreign Companies and Professional Activities must appoint a Local Service Agent to be able to establish a legal entity. The expatriate will retain 100% ownership of the company provided that a local entity or individual would act as Local Service Agent.

We, at Next Era offer our client the privilege to appoint a Corporate Local Service Agent rather than an individual. The Next Era Group of Companies, namely, Next Era Alliance Investment will act as your Local Service Agent

Advantages to have a Corporate Local Service Agent:

  • Your company will be sponsored by a Corporate Entity and not an individual
  • More Prestige to you company
  • A Corporate Local Service Agent cannot fall ill or pass away or become unreachable
  • More professional approach
  • More structured arrangement
  • Keeping a professional relationship with an entity taking out the emotional side when dealing with an individual