BRANCH OF FOREIGN COMPANY

BUSINESS SETUP

We believe in solutions, therefore as experienced consultants, we understand our client’s requirements, further our feasibility team analyses the information gathered and proposes the right business activity and right jurisdiction to perform the business. Our work does not stop with business set-up, our services extend to all initial requirements for easy functioning of a business for a minimum one year with limited cost.

MAINLAND COMPANY SETUP

FREEZONE COMPANY SETUP

OFFSHORE COMPANY SETUP

Expanding your business operation on foreign soil is one of the profitable steps in your company’s growth. It’s a long-term investment that leads your products or services to the other parts of the country. And what’s better than having a branch office in the UAE, where you can meet all the business giants in one place. Opening a branch of business is one thing that every business person conducts here in the UAE. A branch office is an offshore company that is located abroad. The purpose of a branch office is to market and promote products/services of the parent company into the current region or other regions. It also performs transactions and finalizes agreements in the name of the parent company. However, it is not allowed to perform any activity which is not permitted by the parent company.

A branch office in Dubai is an ideal choice for regulated industries like Banking, Financial Services and Insurance (BFSI). The ownership of the branch company belongs to the parent company and is licensed under the same name.

Benefits of Branch Office in Dubai

A branch office extends a business organization to the other parts of the world. Opening a branch office in Dubai is more convenient because they can make profits compared to liaison offices and can engage in commercial activities.

100% Foreign Ownership

As branch office is not considered as a separate legal entity, so basically it provides complete ownership. A branch office in Dubai doesn’t require a 51% local Shareholder. Instead, you’re required to have a Local Service Agent. The service agent doesn’t have any right in the branch, however, they provide services like visa

Set up a branch office in Dubai

To set up a branch office in Dubai, the following steps are performed:

Appoint a local service agent (UAE national or company)
Reserve a trading name by the Department of Economic Development
Apply for initial approval from MOE
Once the Ministry of Economy approves the application, apply for a license
Select office Space
Open a bank account
Arrange a labor card and visas for employees
Register as Dubai Chamber of Commerce and Industry
Setup Dubai Business – Business made easy

We can assist you with your application documents, Identify the right local service agent, obtaining approvals from government entities, support for opening a corporate bank account, and assisting with branch office location and business setup. We at Tafeel Businessmen Services have our expert team of Management Consultant that you help your firm to set up their office in Dubai.