Unlike a branch a representative office cannot conduct business operation or market its services and products. In order to engage a branch office to conduct its business operation in UAE it should obtain license from the Ministry of Economy and Planning. The licensed company should not start their activities unless it is registered in the Ministries register of foreign companies.
A branch or a representative office are required to submit a bank guarantee of AED 50,000 (may differ from activity to activity) in favor of the authority for being a part of the license processing procedure. The license of the foreign company has to be renewed within two years after the expiry date and the fees due to the authority shall be deducted from the guarantee.
N R Doshi & Partners helps you take care of the entire process of establishing your branch and representative office. We would guide you with strategic inputs, help select local sponsors, assist to select locations suitable to your line of business, with your business plan, and also documentation formalities.
With us on board, you get combination of deep local knowledge and extensive experience which would enable us to precisely understand the specific need of your business. This would enable us to recommend you the best possible business solutions which would ensure your business is up and running with minimal challenges.