Convert existing license without sponsor| Almalia Consulting

convert existing license without sponsor

The UAE has taken a bold step toward empowering global entrepreneurs and investors by allowing 100% foreign ownership of companies in most commercial and industrial sectors. This groundbreaking reform eliminates the long-standing requirement for a local Emirati sponsor, giving foreign business owners the opportunity to take full control of their mainland companies.

If you currently have a business in Dubai where a UAE national holds 51% shares, now is the perfect time to make the shift. Through our dedicated service for License Conversion – No Sponsor, Almalia Consulting FZCO can help you legally restructure your company, remove the local sponsor, and obtain a trade license that reflects full foreign ownership—without disrupting your existing operations. This is more than a procedural update; it’s a transformational move that strengthens your autonomy, protects your assets, and positions your business for long-term success in the UAE.

Documents Required for convert existing license without sponsor

1. Current Trade License (Issued by DED) – This is the official business license issued by the Dubai Department of Economic Development. It reflects your existing trade name, activities, and ownership structure, and serves as the foundation for the conversion process.

2. Existing Memorandum of Association (MOA) – Your current MOA outlines the legal framework and ownership percentages of your company. We will carefully review and amend this document to reflect 100% foreign ownership and remove the UAE national sponsor’s name.

3. Passport Copies of All Shareholders and Managers – However, Valid passport copies of all individuals listed as shareholders or managers must be submitted for identification and legal verification purposes

4. Emirates ID and Visa Pages (if applicable) – If any shareholders or managers are UAE residents, you will need to provide a copy of their Emirates ID and valid visa page. These documents help verify the residency status and eligibility of each person involved.

5. No Objection Certificate (NOC) from Existing Local Sponsor – The NOC is a mandatory document issued by your current Emirati sponsor, confirming they have no objections to exiting the business and allowing the transfer of 100% ownership to the foreign shareholder(s).

6. Updated/Amended MOA Reflecting 100% Foreign Ownership – We will prepare a revised version of your MOA that removes the local sponsor and reflects the updated shareholding structure. This legal document must be attested and submitted to the DED for approval

7. Tenancy Contract (Ejari) for Business Premises – You must provide a valid Ejari certificate, which is the official registration of your tenancy contract with the Dubai Land Department. This document verifies your business location and is required for any license update.

8. Recent Utility Bill (DEWA or Equivalent) – A recent electricity or water bill linked to your business premises may be required to confirm active tenancy and operational status at your registered office.

How We convert existing license without sponsor

Free Consultation & Eligibility Assessment – Our first step is a thorough review of your current trade license, business activity, shareholding pattern, and company structure. We assess your eligibility under Dubai’s updated foreign ownership regulations and confirm whether your business qualifies for 100% foreign ownership.

Negotiating Sponsor Exit & Preparing Legal Documents – We coordinate with your existing Emirati sponsor to obtain a formal No Objection Certificate (NOC). Once secured, our legal team drafts the revised Memorandum of Association (MOA) and all required shareholder resolutions to reflect your new ownership structure.

DED License Amendment Process – We handle the submission of all updated documents to the Dubai Department of Economic Development (DED) or the relevant free zone authority. This includes payment of applicable government fees and processing of your license amendment. Upon completion, you receive an updated trade license showing you as the sole or full owner.

Immigration, Establishment Card & Visa Updates – It is crucial that your immigration and labor records reflect the new ownership. We update your establishment card and ensure all employee and partner visa records are properly aligned with the amended structure, so your operations continue without any disruption.

Banking & Financial Compliance Support – After the license conversion, we support you in updating your company’s KYC records with your corporate bank. This ensures there are no banking delays or restrictions and that your financial operations continue uninterrupted.

Ongoing Regulatory Compliance & Renewals – Our support doesn’t end once your license is converted. We continue to assist with annual license renewals, VAT and tax filings, ESR/NNS compliance, and other government obligations to keep your business fully compliant in the UAE.

Why Choose Almalia Consulting for convert existing license without sponsor

Unmatched Experience in License Structuring – We have successfully converted the ownership structures of companies across a wide range of industries. Our deep knowledge of DED regulations and legal drafting ensures that your transition to 100% ownership is both compliant and secure.

Speedy, Transparent Process – We typically complete the full license conversion process within 7 to 10 working days, assuming all documents are ready. We provide clear, upfront pricing and timelines, with no hidden charges.

Complete Legal Protection & Compliance – Your license conversion is carried out strictly in accordance with UAE commercial law. We protect your rights as a shareholder and ensure that the new structure is legally binding and officially recognized.

Confidentiality & Professional Integrity – Your business details are handled with the utmost confidentiality. From document preparation to sponsor coordination, we ensure complete discretion and professionalism at every stage.

Long-Term Business Support – We are more than a one-time service provider. We become your ongoing partner—supporting your business with visa processing, tax advisory, compliance, and strategic planning as you grow in the UAE market.

Frequently Asked Questions –

Q: Can I really remove the local sponsor from my existing Dubai mainland license?

Yes. Most commercial and industrial business activities now allow 100% foreign ownership. We will assess your business activity and confirm whether you are eligible.

Q: Do I still need a local service agent after conversion?

Only if your business activity falls under the professional license category. In such cases, a local service agent may still be required, but they will have no ownership or control in the business.

Q: How long does the license conversion process take?

On average, the process takes 7 to 10 business days, depending on the readiness of the required documents and how quickly the NOC from the sponsor can be obtained.

Q: Will my visas or corporate bank account be affected?

No, as long as the transition is managed properly. We help update all related records—including your establishment card, visa files, and banking details—to reflect the new ownership structure without interruption.

Q: Is the entire process secure and confidential?

Absolutely. We follow all regulatory procedures under the Dubai DED, and your data is treated with strict confidentiality at every step of the process.

Q: How do I start my license conversion?

Simply contact Almalia Consulting FZCO. We’ll assess your company’s current status, confirm your eligibility, and manage the entire conversion process until your updated trade license is officially issued with 100% foreign ownership.