Setting Up in Dubai: Comprehensive Guide to Local Service Agent Costs
When setting up a business in Dubai as a foreigner, understanding the role and costs of a local service agent is vital. Local service agents in Dubai, who must be UAE nationals, hold the required 51% ownership of mainland businesses, ensuring legal compliance while allowing expatriates to manage daily operations. The costs associated with hiring a local service agent can vary, with fees typically negotiated annually. A local service agent agreement formalizes this relationship, detailing the compensation, responsibilities, and terms of service. This agreement is essential for a transparent, legally compliant, and efficient business setup process in Dubai.