Things to know about Branch and Representative offices in UAE

HLB HAMT

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HLB HAMT - Accounting Firm in UAE

Phone:- +971 4 327 7775
Mobile:- +971 55 160 1291
WhatsApp:- +971 56 219 1607
Email:- dubai@hlbhamt.com

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    The UAE is a destination for business innovation, investment, and reaping the rewards of one’s labour. It has all the advantages an entrepreneur could hope for in terms of potential, favourable business environment, location, rules and laws, and liquidity options.

    Is there any plan to establish a branch and representative offices in the United Arab Emirates? It’s the right step that assists your business’s faster global expansion. HLB HAMT Business Consultants has helped numerous clients establish their businesses in the UAE, experienced with the establishment process as a business advisor.

    Setting up Branch and Representative Office in UAE

    • Under UAE Federal Law No. 2 of 2015 on Commercial Companies, foreign enterprises, including those wholly owned by non-UAE residents, are entitled to establish a Representative Office in the UAE.
    • Opening a branch office is a great option that can help your company’s global expansion.

    With a competent and knowledgeable workforce, HLB HAMT understands the setup process and has assisted various clients in establishing companies in the UAE.

    A. Representative office in Dubai

    A representative office offers marketing activities for the parent company’s goods and services in the UAE.

    Why Set Up a Representation in Dubai or the United Arab Emirates?

    • The key benefit of opening a representative office in Dubai is that it is affordable. No capital investment is needed to open a representative office.
    • Most resources remain with the parent company, resulting in lower operating costs and small commercial activities. With a free zone configuration, you may maintain complete control of the business because it’s an extension of the parent company.

    A representative office can be an effective tool for marketing and promotion for established businesses. It provides you with a solid base in the market for goods and services in UAE, which is expanding quickly. You can grow your company domestically with minimal costs and under advantageous tax circumstances.

    Benefits of Establishing a Representative Office

    • Dual-interested shareholders establish a representative office with several other shareholders, up to a maximum of 50.
    • No share capital.

    B. Branch Office in Dubai

    Branches are separate operations from the main headquarters of a company. Typically, branch offices are of smaller divisions that handle various aspects of the business, including marketing, accounting, and human resources. A branching legal system exists in both the Mainland and the Free Zone.

    Why a Branch of a Foreign Company in Dubai?

    One of the most crucial business structures that a foreign organization might set up in Dubai to make investments in specialized industries is a branch office.

    • They are a more practical option compared to the liaison office because they conduct business and make money. The branch office of the parent company is an addition to it.
    • Under Dubai’s tax regulations, branch offices offer the same advantages, including the capacity to repatriate income.

    Benefits of Establishing a Branch Office

    • 100% ownership is possible for foreign investors.
    • Obtaining access to a bank account
    • Confidentiality in the workplace is strictly maintained.
    • MENA region exploration from a safe base.
    • Personal taxes are zero.
    • A place of geographic significance.
    • Cost-Effectiveness.

    How can I establish a branch office in the United Arab Emirates?

    To open a branch or representative office in Dubai, HLB HAMT will provide complete assistance, including documents and paperwork. Our team is proficient at organizing the documents required to open a branch or representative office in Dubai and supporting you throughout the process.

    • Obtain a trade name reservation

      Applicants must apply for trade name and office registration approval to the Emirate’s Department of Economic Development (DED).

    • Submission of application to the Ministry of Economy

      The application must include a detailed picture of the company, the headquarters, the type of business, the name of the general manager in the UAE, and any other documentation needed for approval.

    • Get a license from the DED

      The Abu Dhabi Department of Economic Development or the Dubai Department of Economic Development will only get a clearance letter from the Ministry of Economy (MOE) following the submission and evaluation of the necessary paperwork. A deposit of AED 50000 is also required at MOE as a bank guarantee.

    • Perform activities related to administration

      Following receipt of the license, you can concentrate on other elements of business formation, such as locating office space, opening bank accounts, and getting employee visas and labour cards.

    • Chamber of Commerce and Industry Membership

      The last step is to apply for membership in the Abu Dhabi Chamber of Commerce and Industry and attach copies of the office lease contract and a business license issued by the Department of Economic Development.

    HLB HAMT To Assist!

    “Leap to the Edge of success by establishing a Branch or Representative Office with HLB HAMT Consultants”

    Establishing a branch or representative office helps the parent firm expand and serves as a pillar of support, which ultimately helps them win over the large market in various regions of the world. HLB HAMT Business Consultants with years of expertise in business formation make up your ideal business to grow.
    If you decide to establish a representative office in the United Arab Emirates with us, we guarantee that we will provide you with the information you need to make it successful. To ensure our services meet international standards, we work closely with our auditors and lawyers when setting up a Representative Office or Branch Office in Dubai.

     

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    Varun R Chandra
    Varun R Chandra
    07:38 25 Apr 21
    HLB Hamt is highly recommended! They have the quality of services that would satisfy your needs. I'm glad I found them.
    Giuseppe Assi
    Giuseppe Assi
    06:20 31 Jan 21
    I HAD A GOOD EXPERIENCE WITH HLB HAMT DUBAI. THEY HAVE A VERY PROFESSIONAL TEAM, GOOD QUALITY OF SERVICES, GOOD VALUE... FOR PRICE.I RECOMMEND THIS COMPANY.read more
    Mohamed Sheriff
    Mohamed Sheriff
    16:16 28 Jun 20
    Experience with HLB Hamt in audit experience is great pleasure. They deploy well qualified accounts team for audits.... And the amount of checking they perform give the management of the company confidence that internal controls are well in place. We are glad to see they have high standard of audit practices.read more
    218141 JOSEPH THOMAS
    218141 JOSEPH THOMAS
    16:20 23 Jun 20
    Professionally managed firm with commitment to the engagements taken. My company and its group are assigning our... requirements for last 12 years to HLB and we don’t have any negative remarks on any assignments.read more
    PMI
    PMI
    07:14 23 Jun 20
    In my opinion, HLB Hamt is one of the best professional firms in UAE after big4. Excellent client service, professional... and competent staff and timely delivery are their strength. Over the years they have developed the infrastructure and skill set to handle multiple verticals ie, audit, tax services, consulting, IT support etc.Wishing HLB Hamt team all the very best.read more
    RAVI CHOKSI
    RAVI CHOKSI
    08:28 21 Jun 20
    Thank you Team HLB hamt...Your internal auditing team put the good amount of time and inputs in helping the... organisation making considerable improvements throughout the organisational working structure and helps in building the better business.Thanks.read more
    Maharajan Subramaniam
    Maharajan Subramaniam
    18:17 06 Jun 20
    High-Performing IT Teams, I'm impressed with the knowledge level of their deputed staff, audit procedures, and... checklist adopted. Mr. Vimal especially understand the requirement and provide solution not only technical feasibility and also considered budgeting. We’re confident in their abilities.read more
    Mohammed L
    Mohammed L
    08:07 05 Jun 20
    We have been working closely with them on payroll services for quite sometime.They provide very professional... services,experts in domain and excellent support. Would recommend them.Cheers.read more
    ROY ROSHAN VIVIAN
    ROY ROSHAN VIVIAN
    06:32 04 Jun 20
    Very professional team. Vimal has always given us good solution advice for various Software and IT Infra projects. We... are very Extremely satisfied working with him and his team. Wishing them success.read more
    Basil Daniells
    Basil Daniells
    05:55 03 Jun 20
    I have worked with HLB as a partner of Sage for about 2 years, they were dedicated to the success of the partnership... and kept aligned with the business plan that was agreed between our two companies. They are always ready to go the extra mile for a customer and don’t shy away from challenging circumstances. Keep up the good work and wish you all the success in the future.read more
    Amar Kashyap
    Amar Kashyap
    19:28 02 Jun 20
    Team of well qualified and organised professionals. Their reports are not based on numbers first they will understand... their client and their business. They are highly recommended and trust worthy.read more
    Radz de Jesus
    Radz de Jesus
    16:03 02 Jun 20
    We're glad to have found HLB Hamt to conduct the IT audit and risk assessment for our organization. We have learned a... lot from their team during that first project. And since then, we've continued to be in touch with them. Mr. Vimal especially is very good at presenting technical concepts in simple yet interesting ways that non-IT and business people alike would easily catch. We are very happy with the professionalism and quality of service they provide. They leave their clients nothing short of satisfied. Highly recommended.read more
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