How to Start a Branch Office in Dubai UAE?
Opening a branch office in Dubai is a way through which foreign investors and entrepreneurs can expand their business in the UAE. While the country provides various benefits of setting up a company, there are also several perks of having a branch of a foreign company in Dubai.
Investors are steering extensive due diligence to ensure that the business structure they opt for best suits their commercial objectives. Furthermore, setting up a branch office in Dubai gives you a geographic advantage too, thanks to Dubai’s strategic business location.
Businessmen with well-established companies or high-brand value in other countries seek the opportunity to open a branch office in Dubai. Comprehending this, the authorities have permitted an easy and quick way to establish a representative office in Dubai or any other Emirates. The business experts at Shuraa will help you establish a branch office by taking care of all your business requirements, while also minimizing the cost of opening a branch office in Dubai.
If you want to start a branch office in Dubai, UAE, here is what you need to do:
File an application
For opening an office in Dubai, the foreign investor is required to fill in an application with the Ministry of Economy. It is also essential that during the submission, a service agent agreement is provided. The condition of having a UAE national as your service agent during the process of establishing a representative office is a must.
Take Consent from the Ministry of Economy
The UAE Ministry of Economy will provide an agreement only after the Economic Department of Dubai or the emirate in which you wish to open your branch approves. Thus, the Ministry of Economy will send the application to the local government body for consent.
Get Approval from UAE Federal Foreign Companies Committee
The next step in the process of starting a branch office in UAE is to get approval from the Federal Foreign Companies Committee. The application is subsequently forwarded by the economics department to the committee, with a permit letter from the Ministry of Economic and Commerce for the business activity dealt by the company.
Get the License from the Ministry of Economy
After the above-said authorities approve of the branch office, the ministerial license will be provided to the company. The license that will be given by the Ministry of Economy will also specify the business activity undertaken by the company.
Obtain your Business License
Opening a branch of a foreign company in Dubai, the registration process will take place at this stage. The branch office in Dubai will be registered by the local Economic Department, after which the Business License will be issued.
Get Registered with the Commercial Authorities
Once you have all the required documents and the licenses at hand, the branch office in Dubai can register with the authorities in the region and start the business. The branch office in Dubai is required to be registered with the Ministry of Economic Companies Register and the Dubai Chamber.
If you would like to avoid this lengthy process or running around from one commercial authority to another, call Shuraa Business Setup and we will take care of the rest. Shuraa Business Setup is a leading business setup service provider in Dubai offering company formation services all over UAE. So, in case you would like to know more about opening office in Dubai or UAE, or how to start a business or even what business to start – speak to our business consultants today!