How to open a foreign office branch in Dubai?


setting up a foreign company branch office in Dubai



Do you really think it is necessary to open a foreign branch office in Dubai as an extension of your parent company? It would be a more convenient way of retaining 100% ownership over your business by foreign companies in Dubai. Deep promotion and product marketing are the main purposes of the branch office, it also extends the services to their customers. Foreign branch company formation in Dubai is 100% foreign-owned one that provides a local service agent is appointed. A foreign branch office or representative office should obtain the trade license from the ministry of an economy based on their activities(same as a head company). There is a major difference between the two foreign offices, unlike a parent branch, branch offices cannot undergo a business operation, they are allowed to freely practice the promotional activities.

Following are the documents should be submitted prior to open the foreign office branch,

  • Memorandum of association
  • incorporation certificate
  • Certificate of board resolution
  • legal standing certificate 
Depends on the activity of the segment the office needs additional documentation must submit it to the concerned authorities. You can consult business consultant experts for complete business setup in  Dubai and registration services in free zones too.

Key steps to open a branch office

  • Find the right Local service agent or UAE national to handle the whole process. The UAE national is responsible for dealing with reservation of trade name, trade license, and trade license renewal in Dubai through the Department of Economic Development.
  • Getting approvals from the Ministry of Economy and commerce UAE, by filing the application by the foreign investors which is highly essential for business setup company in Dubai. Business nature, manager name, details of share capital, and main office are mandatory in the application. Thus, the ministry of the economy will forward your application to take consent from the Jurisdiction authority.
  • After getting initial approvals, you have to look forward UAE federal foreign companies committee and it will also consist permit letter from the ministry of economy, copies of documents, an engagement letter from the local UAE confirming the company's validity, and a 2-year financial statemnet.
  • After getting all post approvals, you have to get the license from the ministry of economy and commerce.
  • Finally, obtain your business license, after that, you can search for office spaces in UAE, You can apply for bank accounts and get visa and employee Ids. The bank will need to check out the UBO information on the main office and shareholder details. Make sure that all foreign documents are legally attested for use in UAE.
     

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