A local sponsor in Dubai is a UAE national or company required for foreign investors looking to establish a business in the mainland. The local sponsor holds 51% of the company’s shares, while the foreign investor retains 49%. However, the sponsor’s role is generally passive, with no involvement in day-to-day operations or decision-making. YWE Business Solution simplifies the process ... https://www.ywe.ae/sevice/trade-license-renewal/