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Can someone please explain what is the meaning of the following:
1. Corporate sponsorship fee.
2. Owner accommodation
3. Foreign/English name fee.
A client asked this questions.
Thank you.
1. Local/Corporate sponsorship fee.
A UAE national /Emirati who acts as a service agent of you business if you want to set up a company in Dubai or UAE and to act as a service agent they charge us some fees and you have to pay him every year as agreed between both parties and that you are the business owner..
2. Owner accommodation per expat partner
Any expat who forms a company has to pay this charge
3. Foreign/English name fee.
Its a rule in dubai - if you choose a Arabic name for your business you don’t pay the name fee but if u select a english name you pay a fee to the government
A client asked this questions.
Thank you.
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