SORP Group provides suitably qualified personnel to fulfil corporate roles as nominees. They can represent the company in front of the authorities, for example to obtain licenses and to prove that the company has economic substance in the UAE.
Using nominee services to fulfil corporate functions is a very common and useful practice when incorporating in the UAE. Local UAE nationals are required by law to occupy some corporate roles in certain scenarios. They can also act as nominee directors, shareholders, nominal staff and more while having no beneficial or executive rights in the company but solely carrying out the directions of the beneficial owners who may live abroad. Nominees can shield the identities of beneficial owners from non-governmental inquirers and confirm that the business is managed from the UAE in order to comply with the Economic Substance Act.
Using an Emirati company as an instrument to own and protect real estate and assets provides a variety of valuable and unique benefits as well as business opportunities. There are some factors to take into account when designing an ownership scheme. Understanding the law comes first and foremost, and SORP Group’s experienced specialists will guide you professionally.
To register a mainland company
Provision of a local partner or agent as well as other nominal suitably qualified staff needed to fulfil the licensing criteria for a company.
To confirm economic substance
Provision of a nominee director and nominal staff to prove economic substance in the UAE and that the company is managed in the UAE.
To perform special functions and tasks
Nominee services help to keep beneficiaries’ information, and their interest in a business, confidential, and to hold non-affiliated entities.
All SORP Group’s services are highly professional and fully licensed. Before beginning a client engagement we sign a Non-Disclosure Agreement. Nominee relations are formalized under executive Nominee Services Agreements that ensure safety for both parties and are drawn up in accordance with the standards for international expertise.
Free
Provided for a one-year period when setting up a company and renting an office in our Business Center
30% discount
Tax, accounting and legal support, assistance in obtaining a residency visa in the UAE
Free
Provided to hold meetings with partners if ordering the nominee services offered by SORP Group.
Submit your details and receive a tailor-made proposal for Nominee Services based on your business activities and objectives.
SORP Group’s experts follow the latest global trends and developments very closely indeed, and are ready to provide highly professional support for your business.
Contact our specialists and get prompt assistance in choosing the best fit solution!