Representative Office / Branch Office Of Foreign Company in Dubai
The Companies Law, in article (313) allows a foreign company to conduct its main activity in the UAE by opening a branch or a representative office.
The difference between Branch & representative office is that the foreign company which opens a branch in the UAE may conduct freely the same activities for which it is licensed whereas a representative office may exercise only promotional business for the products and services provided by the parent company.
Branch or or representative of the Foreign company are required to submit a bank guarantee of AED 50,000 favoring the Ministry of Economy as it is a part of the license processing procedure.
To open a branch or or representative in Dubai, a manager must be appointed to represent the company; the manager must have an approved motion by the Board of Directors to open the branch.
Branch Office / Representative Office – Details At Glance
Branch office is allowed to exercise the activities (Licensed) of its parent entity
Branch Companies are permitted to enter into contracts and conduct local business
Representative offices are only for promoting the business of the parent companies
Representative offices are not permitted to conduct any local business
Additional approval is required in some cases for the Branch of foreign company from Ministry of Economy
Getting approvals and permissions from concern departments
Preparing the obligatory documents and MOA
Identify a trusted and qualified local service agent
Assistance in opening the bank accounts
Assisting to find suitable office premises
Handle other documentation formalities
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