Hello,
We are looking to establish a cosmetics manufacturing facility in Jafza or Dubai industrial city, and the requirement is to have 51% local partner. Where can we get those partners, and do we have to give them 51% share? Some have advised us hat some locals would collaborate and sign a side agreement for an annual fee. Is this legal? if so, where can we find them? also what guarantees do we have that they will not come back in the future and request an actual share of the business?
I would appreciate your help... thank you
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Establishing A Cosmetics Factory, Looking For Local Partners
- metechjobs
- UAE, Dubai Forum starter
- Posts: 1
- Location: Dubai AE
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