All companies begin their work with a main headquarters in one city and then expand geographically to other cities and other countries to support their commercial activities in different markets. This expansion is done by establishing branches. As it is possible to open a branch for an existing company in Dubai very easily when dealing with Tasyeir business company, and this is because it is among the approved companies. It is responsible for establishing companies and their branches and is responsible for all matters, starting from documents to procedures for obtaining the necessary licenses. This is because the company’s branch is a commercial entity affiliated with it that represents it in another region and carries out the commercial activities that it provides directly. And therefore it is no less important than establishing the main headquarters.
Opening a branch of an existing company in Dubai
Dubai, or the UAE in general, has an open economic structure that provides support for many commercial activities. Which made it a target for many investors in various countries. Whether with regard to establishing companies for the first time in the country or opening branches of their own companies. When it comes to establishing a new branch of a company in Dubai, only a company should trust.
Tasyeir business because it ensures that you obtain all services with the utmost ease and ease and without problems. It also guarantees that you enjoy the various benefits that Dubai offers to the branches of companies that are established there, which are as follows:
- The branch of the company that will be established in Dubai is not a separate legal entity. Because it is an extension of the parent company, which has already been established and established. Therefore, it has 100% ownership, meaning it can establish without the need for a national partner.
- The company’s headquarters can purchase or rented anywhere the investor desires. Ehether on the mainland or free zones. Where an office appropriate to the work requirements only needs to be provided.
- The local market can be easily accessed through the company’s branch on the mainland. Without the need to deal with a local distributor or agent, which ensures a better profit return for the investor.
- When opening a branch of a company in Dubai, the matter does not cause the imposition of dtee based on the double taxation avoidance agreement, meaning that taxes are not paid in the same amount or manner as when opening a branch of the company in Dubai. Since the parent company cannot charge additional taxes in another country, and therefore the value of the taxes is lower.
- It is necessary to conduct legal tracking of all daily financial transactions between the new company branch and the parent company. In order to obtain periodic review reports on a regular basis through it.
- The administrative cost when establishing a new branch of a company in Dubai is lower than the cost of establishing a new company or establishing it from the beginning.
Documents required to open a company branch in Dubai
There are some papers and documents that the company owner must provide in order to be able to open a branch in Dubai. It is worth noting that obtaining these papers, documents or documents is considered one of the tasks of Tasyeir business company. Which can be done in your place. And the most important documents and attachments for opening a new branch for a company in Dubai as follows:
- A copy of the parent company’s commercial license to clarify the name and types of the company. In addition to the commercial activities and the jurisdiction to which it belongs.
- A copy of the parent company’s articles of incorporation in order to identify the list of partners. In addition to the members of the Board of Directors authorized to sign the documents.
- A certificate of good conduct, which explains the current status of the company and its financial position. In addition to its position in the local market.
- As well as, Approval from the UAE Embassy in the home country of the parent company in order to open a branch in Dubai.
- The decision to appoint the branch manager along with a copy of his passport.
- As well as, obtaining the required commercial licenses based on the company’s activity.
- A decision by the parent company’s board of directors approving the opening of a new branch in the Emirates.
- As well as, financial data reports that audited for the parent company for the past two years.
- An approval obtained through the UAE Ministry of Foreign Affairs confirming the possibility of opening a branch of the company in Dubai.
It is worth noting that all documents must be translated into Arabic. And after completing their approval, stamping, and ratifying them through the competent authorities. The following procedures must take in order to register the company branch, which is the responsibility of Tasyeir business company.
Procedures for opening a company branch in Dubai
There are some procedures that an investor must follow in order to be able to open a branch of his own company in Dubai, which are as follows:
- Registering the application to open the branch through the Department of Economic Development in Dubai. The application can also submitt electronically or registered at the Authority’s headquarters.
- Approval by the Ministry of Economy after evaluating the work requirements. And the nature of activity related to the parent company. In addition to the activities practiced in the new branch.
- Paying the fees due at the discretion of the Ministry. In addition to issuing a license to open the new branch.
- Register the company with the UAE Chamber of Commerce to benefit from all the logistical and commercial services that granted to members of the Chamber.
Types of company branches in Dubai
If you want to open a branch of a company in Dubai. You must first know the types of companies that allowed to establish branches in the Emirates, which are as follows:
- Branch of a local company: this type of branch relates to local companies that are present in the Emirates. And that want to reach all cities and enhance their share in the local market.
- A branch of a Gulf company, which provides commercial companies for investors from the Gulf Cooperation Council countries with the ability to be present within the Emirati market through branches without a local agent. Therefore, it is possible to open a branch of a Saudi company in Dubai without the presence or imposition of a service agent.
- Branch of a foreign company: this enables foreigners to open branches in free zones without a service agent.
- A free zone company branch enables all investors to open a branch in any free zone in the Emirates.
The first steps to success with Tasyeir business
A lot of time and effort can shorten when opening a branch of an existing company in Dubai if one contacts Tasyeir business company. Which has multiple advantages, including the ease of obtaining approvals. In addition to providing all services related to establishing companies. And establishing their branches in the United Arab Emirates.
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