LOOKING TO SET UP A SISTER CONCERN IN DUBAI…?
Need Business setup service in DUBAI FREE ZONE and DUBAI MAINLAND?
If your quest is for Business setup in Dubai then knock-knock TVG for the best business setup services in Dubai, Emirates, or Global
1. Well-versed in UAE/International Treaties
2. Dedicated Immigration Team per Nation
3. Specialize in Company Set-up in the Middle East
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.
Investor to set up Branch Office in UAE Free Zone
Investors can open a business branch in any of the UAE Free Zones following the immigration and company registration rules of UAE. Under normal conditions, it may take up to 30 days for the approval process.
Setting up a Sister Concern in the free zones mandates necessary document obligations. Free zones business setup in UAE best suits entrepreneurs, MNCs’ and SMEs. There are around 50 free zones in UAE that attract offshore investors luring their offerings.
Cost of setting up a branch office in Dubai
The total cost of setting up a Branch Office in Dubai amounts to 130211.39 AED on average per engagement.
Benefits of setting up a Business office in the free zones in the U.A.E.
1. 100% Ownership of Management Control
2. Ownership of Financial Control 100%
3. Option to incorporate a company under common law
4. Flexible branch premise option
5. 0% income tax & corporate tax
6. Remote Incorporation available
Business branch setup of foreign company in Dubai
You can open a branch office in any of the Emirates as an extension of the parent foreign company and can manage their businesses. The immigration laws of the UAE provide two options for foreign companies to open a branch office in Dubai, UAE.
100% Branch Office of Foreign Company in UAE
The foreign company can exercise all the business activities the same as the parent company.
1. Sister Concern acts as the marketing office of the parent foreign company but cannot engage in industrial/commercial trade.
2. The liability of the UAE branch office in UAE, it’s business activities, and legal obligations is on the offshore parent company.
In both statuses of the branch, availing registration service of a local agent in UAE is important.
To set up a new business or a branch in the U.A.E.involves time, expertise, documentation, legal formalities, and labor requirements.
Filling applications with correct and authentic credentials makes the whole process easy, but if time is an issue owing to a busy schedule, then reach us as no one serves the way TVG does.
Quality business setup consultants in Dubai – TVG
Business and Business setup services in Dubai is TVG’s cup of tea