Are you planning to expand your business operations in the Middle East region or globally? Dubai’s growing business landscape could be your ideal choice. The city offers a wide range of opportunities and a favorable growth environment for different industries. Entrepreneurs who wish to start a branch office in Dubai can leverage the strategic location to connect with the global market.
Before diving into the details of the necessary documents, let us understand what exactly the branch office is.
What is a Branch Office?
The Dubai Development Authority (DDA) defines a branch office as a business setup that is a “legally dependent” part of your parent company located elsewhere in the world. A branch office performs the same business activities as its parent firm.
Now that you know what the branch office is. Let us learn about the necessary documents and approvals required for setting up a branch office in Dubai.
Required Documents to Start a Branch Office in Dubai
You can either set up a branch office in Dubai mainland or a free zone. Here is a list of key documents and approvals you will require to open your branch office:
Application Form
Once you have decided on the jurisdiction, submit your application form to the relevant authorities. Your application will be reviewed and approved by the UAE Ministry of Economy.
Trade Name Registration Certificate
To start a branch office in Dubai, you need to register a trade name with the relevant authority and obtain the certificate. The branch office should have the same name as the parent company.
A trade name registration certificate proves that your business is valid and authentic.
Memorandum and Articles of Association
This document outlines the management details and governance of the parent company with all the necessary details.
Copy of the Certificate of Incorporation of the Parent Company
You need to have a company incorporation certificate that proves the legal existence of the parent company.
Passport Copies
Submit a copy of the passports of all shareholders and managing directors to the relevant authorities.
No Objection Certificate
You must get a no-objection certificate (NOC) from your parent company. This confirms that your parent company has approved to set up a branch company in Dubai.
Power of Attorney
Another crucial document required to open your branch office is the power of attorney for the branch office director. This certificate will legally authorize the branch office director to manage all the operations of the branch company.
Board Resolution
The final approval to start the branch office is a board resolution, which is provided by the parent company’s board members.
To understand more about the process of opening a branch office or explore in detail the process for company formation in Dubai, you can reach out to Commitbiz experts.
