MSZ provides expert assistance to individuals and businesses worldwide, helping them establish and expand their operations in the United Arab Emirates and Saudi Arabia. Whether you're launching a new venture or seeking to grow an existing business, MSZ.ae is committed to helping you make informed and strategic decisions for your company's success.
Under Commercial Companies Act No. 8 of 1984 & Ministerial Decision No. 69 of 1989, a branch office of a foreign or international company is not a separate body. It only represents the parent company and carries out business under its name.
Generally, a branch office may endorse and sometimes market the products of its parent company, execute transactions and settle agreements in the name of its parent company, and provide services to its customers. In the United Arab Emirates, the Ministry of Economy and Commerce issues the license to a branch of a foreign company for business setup.Other than the foreign or international companies licensed by authorities to operate from the free zones in UAE, a foreign corporation can go ahead and carry on its Business activity in UAE or it can establish an office or its branch after issuance of a license by the Ministry of Economy and Commerce.Requests or application for business set up a branch office in the UAE must have the trade name, legal form, address of headquarters of the parent company and the name of the country where it carries its business activities, type of business activity intended to be carried out in the UAE, name of the national agent and case agent is a legal firm or entity, then its legal form, investment or capital, partners name, and their nationality and other related information.The initial step to open a branch of a foreign company in the United Arab Emirates including a branch office of an international business organization is to discover and appoint a local agent. Our experts at MSZ corporate services provider in Dubai and all over the United Arab Emirates offer company registration and business incorporation services.
First of all local agent needs to visit the Department of Economic Development (DED) to take the name reservation and then it needs to apply for initial approval from the Ministry of Economy and commerce for opening a branch office of the foreign office in Dubai or UAE.
Documentation Requirements for Initial Approval
For business set up a branch of the foreign company following documents may require by authorities:
- Company formation as a branch of the foreign company requires registration and licensing application form with proof of reserved trade name of business organization.
- A business set up as a branch requires a no-objection letter from the director’s sponsor.
- A Photocopy of the director’s passport and national agent’s passport & identification of UAE naturalization.
- Company formation as Branch requires approval from the Ministry of Economy & Commerce (to carry out commercial activities).
- A duly Arabic translated Company’s Board of Directors’ Resolution authorizing the opening of the branch in UAE.
- Business setup as branch requires Power of attorney issued in favor of the director of the business.
- Memorandum of Association of the parent organization.
- Parents Company certificate’s copy of Incorporation duly translated in Arabic.
- Business setup requires approval by other Government authorities according to the nature of the activity.
Additional Documentation Required to Setup a Branch of a Foreign Company
After getting initial approval from concerned authorities in UAE following documents may be needed:
- Receipt of an initial approval
- All other documents that were submitted before authorities to get an Initial Approval.
- Photocopy of office lease agreement including the number of plots.
- The national agent’s original appointment contract duly authenticated by the Notary Public.
Benefits of Business setup as Branch Of a Foreign Company
By business set up as a branch in UAE, you can get unlimited benefits, however, few benefits are the following:
- Business setup in UAE as a branch office offers state of the art developed transportation infrastructure.
- Business setup in UAE as branch office provides free creativity system
- The United Arab Emirates has a State-of-the-art telecommunications system.
- The United Arab Emirates has Top international exhibitions and conference venues which will benefit greatly to your business setup.
- The United Arab Emirates has high-quality offices for your business setup.
- The United Arab Emirates offers Inexpensive Workforce and flexible Recruitment Procedures
- Reliable energy, power, utilities, and other facilities
Our services:
MSZ corporate services provider can help you start your business as a branch office. With a stronghold on the legal system and business environment of UAE, we can help your business set up at very cost-effective rates. For inquiries please Click Here to Contact MSZ or Email to info@msz.ae
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Why MSZ for your Business?
We help individuals and enterprises from across the world launch and grow their operations in the United Arab Emirates. Whether they are new companies or existing ones. We at MSZ.ae are ready to help you make wiser decisions for your company. Expertise in offering Accounting & BookKeeping Solutions & assistance for establishing a business formation in the UAE, helping customers with their establishment & maintenance needs.
What types of services does MSZ provide?
MSZ specializes in business setup, accounting and bookkeeping, and product registration to support companies in the UAE and Saudi Arabia.
Can MSZ help with registering products in the UAE & Saudi Arabia?
Yes, MSZ offers expert assistance with product registration to ensure compliance with local regulations, making it easier for businesses to launch products in the market.
Does MSZ handle accounting and bookkeeping for businesses?
Absolutely, MSZ provides full accounting and bookkeeping services, helping businesses maintain accurate financial records and meet regulatory standards.