Simplifying Business Setup: Local Service Agent Costs in Dubai Explained
Foreign entrepreneurs seeking to establish a business in Dubai's mainland must engage a local service agent to comply with ownership regulations. Local service agents in Dubai are UAE nationals who hold 51% ownership in mainland businesses, allowing expatriates to retain operational control. The cost associated with hiring a local service agent can vary widely, influenced by factors such as business type, size, and the agent's experience. A local service agent agreement is essential, outlining the terms, fees, and responsibilities of both parties. This ensures a clear understanding and smooth cooperation, making the business setup process more manageable and legally compliant.