06 May Opening a branch of a foreign company in Dubai in simple steps with mastery
Opening a branch of a foreign company in Dubai
Opening a branch for foreign companies in Dubai is the first goal for Arab and foreign investors from all over the world, in order to achieve their goals of expanding in Dubai, due to what it enjoys. Dubai has a diversified economy, a thriving technical sector, a tax-free investment environment, and modern infrastructure, in addition to the political and economic stability that makes it a destination for every investor…
These things together were the reason why many foreign investors went to Dubai to expand their activities towards it and open branches of their companies and businesses there.
For this reason, if you are one of the investors who wish to expand their commercial activities and intend to open a branch for their business in Dubai, you can contact Itqan Company to assist you in completing all transactions and legal papers.
But first, get acquainted with us with the legal procedures, steps and documents required to open a Lisha branch in Dubai
Steps:
Likewise, get to know us about the most important steps and procedures
Submit a request to the Department of Economic Development .
Pay the due fees
Obtaining a license
The required documents:
- Initial approval
- A letter from the institution or company to open the branch and authorize a manager for the branch
- A copy of the branch manager’s passport with details of residency, visa, Entry stamp
- A copy of the economic license translated and approved by the embassy that follows the nationality of the partners, It must also be approved by the UAE Ministry of Foreign Affairs.
- A copy of the Memorandum of Association certified, translated and approved by the embassy that follows the nationality of the partners, And approved by the UAE Ministry of Foreign Affairs.
- Governmental approvals for the concerned authorities according to the activity
Costs of opening a branch of a foreign company in Dubai
- Trade license cost
- Rent / purchase of the company’s headquarters
- Fees for permits, approvals and employee visas
- Opening a company bank account and depositing the minimum capital.
Itqan Services
Itqan Company specializes in working on establishing companies, and it also performs all services for businessmen. Among the services provided by Itqan:
- It works to establish companies in the local areas, equipping them with all equipment, working on finishing them, and placing all decorations in them.
- Establishing companies in free zones in Dubai and obtaining all necessary licenses for that.
- Registering and obtaining commercial licenses.
- Complete all necessary licenses to establish a company .
- Obtaining a business license for your business.
- Providing offices for rent .
In the end, we would like to remind you that you can contact Itqan consultants at any time to assist you in completing all procedures for establishing companies , branches and businesses. On the other hand, Business Consultants in Itqan will obtain all licenses and approvals on your behalf.