UAE Branch Company Formation Services in Dubai, UAE
Are you considering expanding your business into the thriving markets of the United Arab Emirates (UAE)? The business ground is equally rich whether you are a UAE national or an expat living here. Yes, some grants are exclusively for residents, but it doesn't matter if your business ideas in Dubai have a strong market in the UAE. Dubai is an incredible area to build your business because of its favourable tax domain, academic workforce, access to monetary and natural resources, and trading opportunities. You can contact more than 1 billion prospective clients thanks to its central area and proximity to countries in the Middle East, Asia, Eastern Europe, and Africa. You can enjoy a higher level of profitability with no company tax and a cheaper cost of living. Dhangurad specializes in providing comprehensive UAE branch company formation services, helping you establish a strong and legally compliant presence in this dynamic region. With a focus on efficiency, expertise, and customer satisfaction, we are your trusted partner for UAE branch company formation.
Why Choose UAE for Branch Company Formation?
The UAE is a global business hub known for its strategic location, strong economy, and business-friendly policies. Setting up a branch company here offers numerous advantages:
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Strategic Location: Located at the crossings of Asia, Europe, and Africa, the UAE provides unparalleled access to international markets.
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Economic Stability: The UAE's stable economy, low tax rates, and robust infrastructure make it an ideal destination for business expansion.
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Tax Benefits: Certain UAE free zones offer tax exemptions and incentives, allowing businesses to maximize profits.
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Global Connectivity: The UAE's world-class airports and ports facilitate international trade and logistics.
There are three categories under which you can open and operate your Company in the United Arab Emirates and start its respective branches. They are-
Mainland Company
A Mainland Firm is an inland corporation that can operate in the UAE's local market and outside the UAE. Regarding commercial and professional licensing, mainland businesses have unlimited freedom. To start a mainland firm in Dubai, a local sponsor or a UAE national is necessary, and the regular shareholding arrangement for a Dubai Mainland Firm is that the UAE nationwide Sponsor holds 51% of the Company, and the Foreign Shareholder (s) has 49%.
The mainland corporation provides a bespoke legal arrangement in which the local sponsor is paid an annual fee or a share of sales/profits. The foreign investor controls the Company, while the local partner is uninvolved in day-to-day activities. The Department of Economic Development (DED) oversees enrollment, licensing, commercial compliance, and customer protection for mainland businesses in Dubai.
Advantages of Mainland Company
The advantages of a Mainland Company are enlightened below-
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Employment across Dubai and the UAE is unrestricted
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Having the ability to trade globally and grow your footprint
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Freedom to expand your business and team
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Ability to expand your product line
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Ability to operate with the management of the UAE and the Gulf Cooperation Council (GCC)
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Ability to start an elastic business
Freezone Company
The Free Zone Company is a separate legal company operating under its own laws and regulations. Each free zone is permitted to conduct business within and outside the UAE.
The primary distinction between mainland and free zones is that a free zone firm cannot operate in a non-free zone without the assistance of a local agent. Still, a mainland company can conduct business anywhere in the UAE. In Dubai, there are various free zones. Foreign investors choose free zone ventures for multiple reasons, including total ownership privileges, access to world-class infrastructure, asset protection, and tax incentives.
Advantages of a Freezone Company
There are several reasons to pick a free zone to start a business in the UAE:
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It's simple to set up a freezone company.
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Taxation and duties
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100% Foreign Ownership
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Doing business in the United Arab Emirates
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Assistance and support
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Protection of personal information
How can you open a Mainland/Freezone/Offshore Company Branch in the United Arab Emirates?
Choose the best business jurisdiction for you:
The foreign Company must select the proper business jurisdiction - Mainland, Free Zone & Offshore to establish the Branch Office.
When starting a branch business on the UAE's mainland, hiring a Local Service Agent to handle the administrative work with the government authorities is legally required.
Determine the identity of the local service agent:
The Local Service Agent is allocated for one year for an annual charge. The contract is automatically renewed each year, allowing agents to be changed if there is a disagreement.
There is no need to appoint a Local Sponsor in Free Zones or Offshore, and the Manager/Director will be the authorized person to oversee the commercial activities of the Branch Office.
Get a Trade Name:
The Branch Office and the Parent Company in the Home Country must have the same name.
To get Mainland Company's name approved, an application must be submitted to the Department of Economic Development (DED). If the investor decides to create in one of these jurisdictions, an application must be submitted to the respective Free Zone/Offshore authorities.
Document attestation by the Government of the United Arab Emirates:
The firm paperwork must be certified by the UAE embassy in the home country and counter-attested by the UAE Ministry of Foreign Affairs. UAE authorities must license the following documents in their original country before being counter-attested in the UAE.
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Memorandum of Association (MOA)/Certificate of Incorporation
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AOA (Article of Association)
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Good Standing Certificate issued by the Board of Directors stating the foundation of a Branch Office/Subsidiary Parent Company
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Power of Attorney granted to the General Manager, authorizing him to open/operate/manage bank accounts on behalf of the Parent Company.
Obtain a License from the Appropriate Government Agency:
Submit the necessary documentation to the appropriate government agency. A fee must be paid to the authorities before submitting the papers. When the documents have been reviewed, the investor will be issued a Branch Office License.
Ensure that all administrative requirements have been met:
The investor can now apply for a UAE residence visa, open a corporate bank account, appoint a Director/General Manager, hire employees, process immigration cards and labour contracts, expand office space and conduct business in the UAE.
Prepare a Branch Office Application
One can open a branch office in Dubai by preparing the necessary paperwork, filling out the application form, and submitting it to the Dubai Economy.
It's vital to remember that a local service agent is required for a branch office. Dhanguard will examine your company requirements to help you locate your branch office's ideal local service agent.
The consent of the Board of Directors is required:
To open a branch office, the board of directors must pass a resolution signalling the opening of a new branch office. The Board of Directors may appoint one director to form the branch company and oversee its operations.
Branch Office Registration:
Once the board resolution is passed, the Company can begin registering the branch. The Company can obtain a business license and register a branch on Dubai's mainland by completing the steps outlined above.
Dhanguard will provide end-to-end business support services to assist you in smoothly registering your Company's Dubai branch office.
The name of the branch office will be the same as that of the parent firm, with the suffix 'Branch' added. It is in charge of all of the parent company's business operations.
What are the Documents required to open a branch?
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Each shareholder, director, and manager must complete a Know Your Customer (KYC) form.
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Copy of each Shareholder's/Director's/valid Manager's passport
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Company Name Suggestions
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Registration & Licensing Application
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The Parent Company's Certificate of Registration
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Certificate of Incumbency or recent extract from the Commercial Registrar
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Valid Trade License
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Original Certificate of Good Standing of the Parent Company
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The Parent Company's Memorandum and Articles of Association
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Proof of the parent company's physical address
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Shareholder Resolution or Board Resolution
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Each Shareholder/Director/Manager must provide proof of physical address.
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The Parent Company's most recent audited balance sheet
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The Parent Company's Beneficial Ownership Declaration (List of Shareholders)
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For each Shareholder/Manager, a letter of no objection (NOC) from the current sponsor is required.
Why Choose Our Services?
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Expertise: With years of experience in UAE business consultancy, our team possesses in-depth knowledge of local regulations and market dynamics.
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Tailored Solutions: We understand that each business is unique and customize our services to match your needs and goals.
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Customer-Centric Approach: Your satisfaction is our priority. We provide transparent, efficient, cost-effective services to ensure peace of mind.
The United Arab Emirates (UAE) is one of the best places to do business in the world due to its low tax rates, low import levies, free trade agreements, competitive economy, strategic position, cutting-edge infrastructure, and numerous other advantages. So, if you want to reward the entrepreneur within you with the best of the best, doing business in the UAE is unquestionably the most incredible option.
Ready to embark on your UAE branch company formation journey? Contact us today to discuss your business goals, and let us guide you through the process. We are your trusted partner for establishing a strong presence in Dubai and the UAE.
