Foreign Company Branch Setup in UAE

 How to Open Branch Of Foreign Company Setup In Dubai, UAE?

An existing business can extend as an office with the same legal identity as of existing business. It is like any parent company opens it’s another branch with the same name. To promote its business and marketing of the products. It is a very fruitful and profitable business in the UAE. If they go into to Foreign Company Branch Setup in UAE.Branch Of A Foreign Company In Dubai

For opening a foreign company branch in Dubai, a local service agent (LSA) is required. Foreign company formation in Dubai can be done with the help of business setup consultants, they will help you to perform administrative functions of obtaining permits, visas, and licenses, etc.

The process and documents required to Setup a Branch of a foreign company in Dubai 

  • Apply application to the Ministry of Economy (MOE) for approval.
  • Reserve the trade name and initial approval of the relevant Dubai’s department of economic development (DED).
  • After getting approval from MOE, then submit a further application to the department of economic development (DED).
  • Then DED will issue a commercial license to a representative office. Annually it can renew and it is valid for a year.
  • After this the process for leasing office space get starts.
  • Then your company’s branch can open bank accounts in Dubai, can obtain visas, and labor cards for your employees.
  • After having bank accounts, you can register as a member of the Chamber of Commerce and Industry. business setup in uae

Benefits of Opening a Branch Office in Dubai, UAE

Parent Company Retains all the money: The money earns by branches of foreign companies has no corporate tax charged by UAE. In this way the parent companies can retain all the money with them can enjoy the UAE’s favorable tax system.

Globalized Location of UAE: The UAE has a perfect location from the business point of view, which means you do business globally, and can reach your clients in Asia, Africa, and Europe easily.

Easy Operations and audit processes: There is no need to set up separate finance functions for the branch office in Dubai. The administrative processes and all other operations are easy to handle in the branch office. So you can open a branch office in Dubai easily and in no time. Tracking of branch office and parent company can be done legally, therefore the audit can be done easily.

Exposure of new market: It requires a big capital amount and many legal formalities to open a new business.  As the foreign company formation cost is affordable to open a branch of a foreign company in Dubai. Exposure of the new market of UAE is beneficial for the parent company and it is a cost-effective way of entering the market of UAE.

Open a branch office of your foreign company in Dubai or anywhere in UAE efficiently with the help of Business Link and expand your business easily. You can contact us if you have any doubt about foreign company formation cost in UAE and can get guidance from our professional consultant Setup your company branch office in UAE with us.

Business Setup Process in UAE

UAE is the center of business in the middle east with investors flying in from around the globe to set up businesses in the country. Business setup in this nation requires you to go through many legal procedures and documentation. Coming from another country, the Visa services will also be necessary for legal entry.dubai mainland company setup
 

How does Business Link help to set up business in Dubai?dubai mainland company setup

 
A business set up in a competitive city like Dubai requires some professional expertise and in-depth knowledge of the market. A consultant is a leader in the market known for their understanding of business activities and the cost involve. Business Setup in uae
 
They can help you set up a business at the smallest cost and will provide you with the best options available. The consultants will guide you through every process such as obtaining visas, getting a trade license, and even provide strategies to outperform the other businesses in the market. With Business Link you will have the best experience in setting up a business.
 

Company Formation in Dubai, UAE

 
When thinking of company formation in Dubai, UAE the best agent is the Business Link. There is allow Business consultant for the Company Formation in Business Link. The service is available for free zones, the mainland of Dubai, and even in other parts across the country. The experts are well known for the rules and regulations of the UAE government. The business should be handle with great care. Business Link is concerned with providing solutions that will sustain the business growth for the long term and align with your business goals.
 

 

Steps to follow for Business Setup Process in Dubai :

 
Dubai is the prime location for a successful business in the UAE. The city is full of opportunities and the scope of business growth is high. Many steps need to follow while setting up a business.
 
Finding a local sponsor for mainland setup
 
To set up a mainland business in Dubai you will need to have a UAE citizen as your local sponsor. The sponsor will have to provide a no-objection letter to start the business.
 
Memorandum of Association (MoA)
 
The MoA is a contract containing all the clauses. All partners and shareholders sign this document. It mentions the type of business, shares issued, capital investment, and other details about the company.
 
Preliminary Business approvals
 
This is a stage where is it best to seek help from expert consultants like Business Link. The consultancy has direct contact with many government bodies like economic development, labor, immigration, etc. Investors only need to submit the correct set of documents and approvals. With preliminary approval, business activities can begin.
 
Registration of business name
 
A unique name for the business needs to be submitted to the Department of economic development. It is subject to change or rejection in case of similarity with existing brand names.
 
Trade license
 
To apply for the license, you need to submit documents to the DED. With the help of Business Link, this process can be fast and chances of rejection are less.

Distinct Types of Company Formation in the UAE

UAE is a country booming with business, both local and international. The country is friendly to international investors which brings many of them to the nation. There are three distinct types of Company Formation in the UAE to choose from. Certain factors influence the choice of a particular jurisdiction like the type of business, activities involved, and shareholding properties.  Each jurisdiction has its own rules and regulations as well as advantage associate with it. types of company formation in dubai

Distinct types of Company formation in UAE

Mainland Business setup in UAE

This particular type of business setup is suitable when one wants to do business within the UAE, also known as an onshore business set up. Department of Economic Development is the governmental organization that issues trade licenses for businesses in the UAE mainland. The mainland industries have no geographical limitations and enjoy some excellent deals for office areas and other business needs. Business Like consultants values the time and money of an investor, making them the leading consultants for mainland business setup. types of company formation in dubai

Key Points to know

  • Mainland companies require Office space.
  • A local sponsor is a must for licensing and other formalities.
  • Business can be feasible with locals as well as international markets.
  • Annual auditing of finances is essential. VAT regulations apply to this type of business set up.
  • The business needs clearance from various other ministries of the UAE government, once the trade license is approve.
  • Issuing visa to the employees determine upon the office and work environment.

Free zone Business Set Up in UAE

Investors or business owners looking for complete control over their businesses can opt for the free zone business setup. There is no tax on the income generated from such businesses. Unlike mainland business set up, with Freezone one can enjoy 100% foreign ownership in the free zones of the nation. Business Like provides you with cost-effective and time-efficient services for setting up a business in the free zones of UAE.

Key points to know

  • Even without a physical office license can be incorporate.
  • Business can be done only within the free zones in the country.
  • The business is free from VAT.
  • Virtual business is possible without any office in the UAE.
  • To setup, the Freezone Company Residence visa can obtain.

Offshore Business Set up in UAE

Investors looking for a private business set up and protection of assets can opt for the offshore business set up in UAE. The business is usually located in a foreign country while it serves the clients in UAE. There is no physical presence of the offshore company in the Emirates. It is meant for international business while having the tax-free privileges of the UAE marketplace.

Key points to know

  • The offshore company does not operate within the UAE.
  • The local point of contact is the certified agent’s address.
  • No need to make capital investments.
  • Such business owners do not get a residence visa.
  • Business aspects are not determined.
  • While there is no physical presence of the business in the country, the ex-pat will have total possession of the business.

 

Why hire Business Consultant in UAE?

The Advice of Business Setup Consultant is the best in Setting up Business in UAE. A consultant with years of experience can provide you with cost-efficient ways of business setup. Also known for having the best business consultant dubai who make business much easier to do.

Top 5 perks of hiring business setup consultant in Dubai

  1. Business setup cost assessment

If you approach the free zone authority, you might get some information on saving costs. However, there are multiple packages and offers that can reduce the setup cost significantly. A business consultant will provide you with all available options. They compare all the options and help you choose the ways that save both money and time.

  1. A clear understanding of licensing and other legal procedures

Before setting up a business, every investor needs to get a license and complete all legal formalities. Business consultants in Dubai are experienced and know how to go through legalities smoothly. Hiring one will make the setup process easy. They also educate you on all risks involved with the legal procedures.

  1. Expert advice on every step of the setup

Business consultants in UAE have a lot of experience in setting up businesses. They possess a deep understanding of the market in which your business will operate. The consultants can provide you with multiple ideas on how to compete and outperform the contemporaries. They also tell you a lot about the business requirements and what risks come along with it.

  1. Ownership of business

There are 40 free zones in the UAE, each with separate rules and regulations. To be able to choose the right one, investors need advice from professional consultants. They are aware of all risks and can save you from violating rules that might lead to fines.

  1. A hassle-free registration

Consultants have years of experience in business registrations. In Dubai, the business consultant will take care of the business registration, keeping the investor free and relaxed.

Business Setup Services in Dubai

The primary services provided by the business consultancies in Dubai include the following:

    • help with jurisdiction
    • business activity categorization
    • drawing protection contracts between partners and investors
    • assistance in obtaining a license
    • services related to PRO
    • translation of business documents

 

Top Leading Business Consultant in Dubai

Business in Dubai is a highly competitive domain with new entrepreneurs and investors setting up companies every year. To stand tough in this market, you need support from the best business consultant in the UAE. Business Link UAE is currently the top leading business consultant that can help you achieve the business goals with which you have landed in Dubai.

The consultants at Business Link value their client’s time and money, therefore the brand is known for its pace and simplicity with which the business is set up. They lay out the best options for company formation in Dubai and come up with cost-effective solutions that make your business a success. Therefore, if you are thinking of a business set up in Dubai or any other Emirates, Business Link is where you go.