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Changing the local partner in a limited liability company
Hello,
I am looking for the sponsor change of LLC company, may I know what are the procedures?
The license will expire on 31st June.

Mohamed Al Marzooqi Advocates & Legal Consultancy
29 Mar 2018, 06:41
He is a partner not a sponsor in the legal language, and he has some shares in this company.
So, if he agrees he can transfer his shares to your new Emirati person that you have to sign a share transfer contract and that should be attested by the notary public.
Please feel free to contact me on 0557409575 (call& Whatsapp)
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