HOW INDIAN PARENT COMPANY CAN BUSINESS SET UP BRANCH IN DUBAI?
Indian Investor to set up Branch Office in DUBAI – UAE Mainland
The United Arab Emirates is liberal in its policies when matters relate to boosting the economy.
It allows foreign investors to invest in the UAE encouraging new business or branch setup.
A foreign investor can set up a business set-up branch in Dubai UAE which may be a sister concern of the parent company that is outside the UAE.
But the UAE business setup branch cannot carry out any industrial or commercial activities.
Steps in setting up a branch office in UAE Mainland: ASK TVG
1. You need to have documents of your Parent Company for authentication
2. Submission of documents to the DED (Department of Economic Development) for verification
After document verification, the DED issues an initial approval certificate. Meanwhile, investors may register their branch names as per the guidelines.
TVG is one of the reliable business setup consultants in Dubai
1. Signatory/Promoter needs Immigration approval
2. Documentation formalities for the Branch office
3. Notarizing Local Service Agent Contract Agreement
4. Opening of Bank Account
5. Registration application to the Ministry of Economy
6. Registration of Lease/Rent/ Tenancy Contractual
7. Agreement of the Branch office
8. DED issues license post verification of submissions
9. Registration E- channel for visas, residency, and entry permits
10. Application for obtaining E- Signature Card
11. File Opening – Labor and Immigration
12. Quota Application and Initiating Visa Process
UAE authorities allow the investor to open a business branch set up in the Mainland of Dubai, or in any Emirates, subject to document verification.
The DED regulates the issuance of licensing for the UAE Mainland.
