Representative Office / Branch Office in Dubai Main Land
Branch Office in Dubai Main Land
Opening a Branch Office in Dubai Main Land entitles your company to multiple rights and advantages. It unlocks an ocean of possibilities in a foreign location and allows you an opportunity to extend your operations into other markets. Most importantly, a Branch Office has the freedom to perform all activities similar to that of the Parent Company whether it is based in the UAE or not. It also enjoys 100 % foreign ownership. Establishing a branch office in Dubai provides you with numerous growth opportunities in the form of product promotion & Marketing of the Parent Company, undertaking business transactions, and other activities. Such an office is an extension of the Parent Company and is ideal for highly regulated industries including Banking, Financial Services, and Insurance.
Representative Office in Dubai
A Representative Office in Mainland can exercise its rights and undertake business activities. However, unlike a Branch Office, it can only engage in promotional activities supplementing that of the Parent Company. This restricts the scope of Representative Offices to carry on entering into business transactions or market products. For setting up a Representative Office in Dubai, you need to fulfill the following requirements.
– Reliable Local Agent
– Trade Name Reservation
– Initial Approval
– Ministry of Economy (MOE) Approval
– DED License
Documents required for Setting up a Branch Office/ Representative Office in Dubai
– Proof of trade name reservation
– Application forms for registration
– Memorandum and Articles of Association (MAA) of the Parent Company
– A copy of the Certificate of Incorporation of the Parent Company
– The Director’s Passport Copy
– A No-Objection Letter issued by the Parent Company
– Copies of the Passport and Naturalization book of the Local Service Agent
– A power of attorney for the Local Director
– Parent company’s Management Board Resolution for opening a Branch in Dubai
In addition to the above, there may be a requirement for additional licenses in certain situations.
Our portfolio of Branch Office Setup Services include:
– Preparing the Application Documents
– Identifying a reliable local service agent
– Obtaining approvals and permissions from government departments
– Assisting with opening a Corporate Bank Account for the Branch Office
– Discovering the most favorable and suitable location for your Branch Office Setup In Dubai
Why Golden Fortune? The multitude of business setup services in Dubai, UAE may perplex you regarding the right Setup service. However, Golden Fortune has arrived as a ray of hope to new businesses that are seeking avenues of growth, expansion, and massive success. Our holistic and all-embracing approach takes into account each aspect of your business.