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Branches and Representative Offices

BRANCHES AND REPRESENTATIVE OFFICES OF FOREIGN COMMERCIAL COMPANIES

The Commercial Companies Law also covers the formation and regulation of branches and representative offices of foreign companies in the UAE and stipulates that they may be 100% foreign owned, provided a local agent is appointed.

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Only UAE nationals or companies 100% owned by UAE nationals may be appointed as local service agents. Local agents - also sometimes referred to as sponsors - are not involved in the operations of the company but assist in obtaining visas, labour cards, etc. and are paid a lump sum and/or a percentage of profits or turnover. In general, branches and offices of foreign commercial companies are not licensed to engage in importing activity except for re-export or in the case of products of a highly technical nature. To establish a branch or representative office in Dubai the following documents are required:

  • Company registration certificate
  • Board of directors' resolution for establishing a branch
  • True copy of company's memorandum / articles of association
  • Power of Attorney to the representative
  • Financial statements for the last two years
  • Local service agency agreement
  • Details of local service agent
  • Company profile

SET UP A DUBAI PROFESSIONAL FIRM

In setting up a professional firm, 100% foreign ownership, sole proprietorships or civil companies are permitted. Such firms may engage in professional or artisan activities but the number of staff members that may be employed is limited. A UAE national must be appointed as local service agent, but he has no direct involvement in the business and is paid a lump sum and/or percentage of profits or turnover. The role of the local service agent is to assist in obtaining licenses, visas, labour cards, etc...

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arabbritishWe are not just a web based Dubai company formation business.
Whatever your financial objectives, bring them to us and we make sure you achieve them. Whether you're looking to pay less tax, wish to establish Dubai company formation, a Dubai bank account, safeguard your business, set up a Dubai virtual office, or become immune to over-regulation, it's almost certain that your aspirations can be achieved quickly, easily and professionally by us. 
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