Foreign companies may establish branches and representative offices in the UAE. This form of incorporation suggests 100 per cent foreign ownership with the mandatory participation of a local service agent, who represents the interests of the cоmpany in Government institutions, but does not interfere with its operations.
In contrast to a branch office, a representative office in the UAE only performs representative functions in the interests of the parent cоmpany and does not have the right to engage in commercial activities. A branch has the right to provide services, trade and engage in activities aimed at profit making, and performs the same functions as the parent cоmpany. Unlike other legal forms, branches and representative offices are not subject to mandatory share capital requirements, and audit reporting is obligatory only for the companies registered in Free Zones of the country. It should also be noted that the representations are limited in terms of the number of resident visas for their employees in the UAE.
Opening of a branch / representative office requires meticulous preparation of documents, including a number of permits and certificates in the country of registratiоn and their attestation in the United Arab Emirates. The preparatory phase and the process of registratiоn in the UAE can be greatly simplified if you refer to the services of «ADQF Consulting». Equipped with extensive professional experience and knowledge of the local economic environment, our company will help you register a branch or a representation of your cоmpany in a quick and legally competent manner.