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Did you know that you can quite easily set up a branch of a foreign company in the UAE? The law in UAE allows foreign businesses to set up a branch office or representative office of their foreign company in the UAE. With proper support, it will be no hassle for a foreign branch of you set up in UAE. Read this article by Consultzone to know how you can do a business setup agency in dubai, UAE.
Setting Up A Branch Of A Foreign Company In The UAE
If a business owner follows the proper legal steps to start a branch of a foreign companies in Dubai, it will be an excellent opportunity to grow their business. Most foreign investors know that the UAE has favorable economic conditions and an environment to host enterprises. Therefore, business setup consultants in dubai is not complicated at all.
Setting up a branch of a foreign companies in the UAE is not very tricky. First, the investor must choose a proper location or zone. Each zone in the UAE has a different set of rules for the setup process; for example, the setup of a branch of a foreign company in the UAE is governed by its authority. Similarly, it is better to choose the ideal location beforehand to speed up the process.
How To Set Up A Foreign Company In The UAE
Once a location has been decided, it is ideal to have a local service agent to deal with the process to start the process of business setup in Dubai. If the local service agent is a UAE national, then it becomes easier to handle the procedure. The local agent can obtain approval from the necessary authorities; for example, the DED (Department of Economic Development) approves the documents for setting up a branch of a foreign company in the uae. Hence, it would be beneficial to acquire a local service agent like Consultzone to do the tricky job. It is compulsory to provide certain documents to go further. Let’s know more about the documents required for the registration process.
What Are The Necessary Documents For UAE Branch Office Registration?
- Memorandum Of Association (MOA) & Articles of Association (AOA)
- Official documents to start running the branch company in Dubai.
- Reports and accounts of the main company as proof.
- Records of the main company and branch company notarized by legal authorities.
To complete the process of business setup in Dubai, foreign investors must pay relevant fees to the necessary legal bodies to complete the procedure. In addition to the costs, the registration process may require additional steps. Following is a list of actions to obtain company registration in Dubai.
How To Obtain Foreign Company Registration In The UAE
To register a branch of a foreign company in the UAE, an investor has to complete the following steps:
- Obtain the certificate of incorporation of the main company.
- Submit MOA & AOA (Memorandum of Association and Articles of Association).
- Submit audited account statements of 2 years of the main company.
- Submit a report including all the business activities of the main company.
- Submit a written statement to prove the recruitment of a regional General Manager.
- Necessary documents of the Regional General Manager such as their CV, Bank statements, and Passport.
By following the above steps suggested by Consultzone, investors can quickly establish a foreign companies in the UAE. Reach out to the best professional business consultants like Consultzone in Dubai to make the process easy and obstacle-free; start the setup of a branch of a foreign company in the UAE to expand your company today.
