Branch
A company in this category is formed to act as the branch or representative entity form of foreign company. The commercial company law stipulates that such companies must have a 100% foreign ownership. However, a local service agent must be appointed. Only a UAE national or company’s 100% owned by UAE national can be a service agent. The local service agent will not be involved in the activities of the foreign branch, but assist the company in acquiring visas, labor cards etc. The service agents are paid a lump sum and/or profits on turnover. In general, branches and offices of foreign commercial companies are not licensed to engage in importing activity except for re-export or in the case of products of a highly technical nature. Branch office will be required to complete the same activities of the parent company and Branch office is not considered a separate legal entity form the foreign company.
Documents required for Initial Approval:
- Registration and licensing application, as well as proof of reserved trade name.
- Photocopy of the director’s passport, and no-objection letter from the director’s current sponsor.
- Photocopy of the national agent’s passport & UAE naturalization identification.
- Approval from the Ministry of Economy & Commerce (commercial activities only).
- The Company’s Board of Directors’ Resolution authorizing opening of the branch in Dubai, duly translated into Arabic.
- Power of attorney issued in favor of the director.
- Main company’s Memorandum of Association.
- Photocopy of the main company’s certificate of Incorporation duly translated into Arabic.
- Approval issued by other Government authorities according to the type of activity.
Documents required after getting the Initial Approval:
- Initial Approval receipt
- All documents submitted before in order to get the Initial Approval.
- Photocopy of office lease including the plot number.
- The original appointment contract of national agent duly authenticated by the Notary Public (Engineering Consultancy Companies are excluded).
The following are the steps involved in the formation of a branch/representative firm:
- Initial Approval from licensing department of the economic department
- Attestation of Service Agreement by a Notary of Court
- Inspection & registration of office space of company
- Getting approval from the economic department for entry into the commercial register
- Once approval is granted, the company will be entered in the commercial register. The license will then be issued by the Economic Department.
- Registration of the firm in Chamber of Commerce and Industry
Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about Branch/ Representative office set up.
Global Business Services DMCC has helped many individuals and corporate entities to set up their businesses in Dubai. Our company acts as a one stop solution for Branch/Representative office incorporation services.
If you are looking for Branch/Representative office setup, please get in touch with us for professional assistance.
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.
GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:
Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)
GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:
Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)
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Copyright © 2020 Global Business Services.