A branch is a legal entity that is individually enrolled but considered as a feature of a parent company. A parent organization holds 100% possession for branch.
A large portion of the international organization have their representative office in UAE, we help our customers from over the world to complete the process related to commence a branch/representative offices.
The foreign organization which opens a branch office in the UAE is allowed to do the activities of its parent company, though the representative company can perform promoting activities for the products and services of its parent company.
To build up a branch or representative office in Dubai the following documents are required:
Company registration certificate
Board of directors’ determination for setting up a branch
Power of Attorney to the representative
True copy of organization’s memorandum
Financial statements for the previous two years
Details of local service agent
Local service agency agreement
Getting approvals and consents from concern divisions
Setting up the mandatory documents and MOA
Recognize a trusted and qualified local service specialist
Help with opening the bank accounts
Helping to discover reasonable office premises
Handle other documentation formalities
Are you looking to enter into new market? Can’t choose if a branch or a representative office is ideal for your business. Kindly contact us for setting up of branch/representative office. Our business development counselors are waiting to speak to you today.