Branch of Foreign Company in Abu Dhabi
How to set up a Branch of a Foreign Company in Abu Dhabi?
Opening a branch of your company in a foreign company is like embarking on a thrilling adventure full of untapped opportunities. And if you’re eyeing the UAE, Abu Dhabi should be at the top of your list! As the capital of this dynamic nation, it’s a melting pot of cultural diversity and a booming economy.
With a staggering $1 trillion invested in this city alone, it’s no surprise that Abu Dhabi has become a hub for start-ups and well-established companies alike. So, if you’re ready to take your business to new heights, Abu Dhabi is the perfect launchpad for your global aspirations!
Foreign companies can fully own their branch offices in the UAE as long as they appoint a local service agent. Moreover, as per the new, they can have 100% ownership of the company.
A Foreign Branch Office in UAE is essentially a registered company that operates as an extension of the foreign parent company. Unlike a separate legal entity, the commercial activities of the branch office must mirror those of its parent company.
It must obtain a trade license with the same name and for the same activities as the parent company. The sole purpose of a foreign branch office is to promote the products and services of the parent company and cater to its customers.
List of documents required for branch of foreign company Registration in Abu Dhabi
- Certificate of incorporation (or equivalent)
- Memorandum of Association
- Good legal standing certificate (proving parent company’s validity in the country of registration)
- Board resolution authorizing the branch or RO opening, appointing a general manager, and granting power of attorney to the general manager. The resolution should affirm that the company accepts responsibility for the liabilities of the office in the UAE.
- Audited accounts of the parent company for the last 2 years (if required)
- A statement describing the company’s main operations and activities
- Passport and CV copy for the General Manager
- A brank or professional reference letter for the General Manager
Don’t let the thought of setting up a branch of your foreign company in Abu Dhabi intimidate you. With Corpin Consultants by your side, the process becomes seamless!
Our team of experts will handle everything from start to finish, including paperwork, liaising with government entities, and preparing all necessary documents. You can sit back and relax, knowing that everything is being taken care of by us.
