Rigel Corporate services Local sponsor services typically refer to the assistance provided by local individuals or companies acting as sponsors for foreign-owned businesses in the United Arab Emirates (UAE). In the UAE, certain business entities require a local sponsor or local service agent, depending on the type of company and the jurisdiction (free zone or mainland).

These services might include:

1. Acting as Local Sponsor: A local sponsor (UAE national or a company wholly owned by UAE nationals) is required for mainland businesses. They hold a minority share (usually 51%) without involvement in the company's operations but often have legal obligations and responsibilities.

2. Local Service Agent: In some free zones, a local service agent is required instead of a sponsor. They facilitate all the related activities and paperwork but don't have ownership or involvement in the business operations.

3. Facilitating Official Transactions: The local sponsor or service agent assists in mandatory procedures, including visa applications, licensing, and other administrative tasks.

4. Legal Representation: They might act as legal representatives for the business in certain dealings with official entities or authorities.

These services are crucial for foreign companies seeking to establish a presence in the UAE while complying with local regulations. It's important to understand the terms of engagement with the local sponsor or service agent and ensure legal agreements are in place to protect both parties' interests.