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How to Find Local Service Agents in Dubai
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Dubai Mainland is a lucrative place for starting a business as it gives the maximum freedom to conduct a business locally and internationally, with over 2,000 business activities to choose from. However, one would need a Local Service Agent in Dubai if they wish to conduct a business in the Mainland under a professional license. This license is service-based and is most commonly issued for doctors, engineers, architects, accountants, and more.
What is a Local Service Agent in Dubai?
Local Service Agents (LSA) are particularly required when registering a professional or services license such as engineers, lawyers, and the likes who set up their businesses in their areas of expertise. For commercial and industrial licenses, however, an investor may not be required to obtain a local service agent. LSA mainly acts as a representative for fulfilling all government-related tasks and neither has the financial rights nor company involvement.
Previously, the business setup of a Mainland Limited Liability company foreign investment mandates the involvement of a local sponsor who is either a UAE national (a citizen known as Emirati) or a corporate entity. The local sponsor does not interfere in the business operations of the LLC company unless agreed otherwise, but they hold 51% of company shares.
However, this has been amended recently and the need for a local sponsor no longer applies to more than 1,000 commercial and industrial business activities.
By partnering with a local service agent, foreigners can enjoy 100% company ownership of their business under a professional license.
How to Find a Local Service Agent in Dubai?
Finding a reliable local service agent can be challenging, especially considering that he is supposed to represent the company for government dealings and take care of the paperwork are both quite important for the business’s survival. Thus ending up with the wrong agent will help the business, but it can create difficulties for running a business and regulating the company.
To ensure whether a business requires working with a local service agent, foreign entrepreneurs must consult with a business setup consultant to easily facilitate the procedure of seeking an efficient and reliable LSA, which in most cases proves to be a huge asset for companies to run smoothly. Finding an LSA in UAE for the business always remains a demanding task for startups and new entrepreneurs in the Emirates, hence it is vital to hire a company formation specialist for these kinds of tasks. Learn more about its cost.
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How Can Choose UAE Help
Choose UAE provides reliable Local Service Agents to those who are setting up in Mainland Dubai. Our company formation specialists will not only assist in finding the right local service agent, but we can also provide a wide range of business support services upon your Dubai Mainland company setup.
As official partners of UAE Government authorities, you can benefit from our fast, efficient, and hassle-free process. Contact us to schedule a free consultation.
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