If you are thinking about company formation services in Dubai as a part of expansion plans or establishing a new venture, opening such an office is a good idea. You should know many things when setting up a division office. Here are some important details to know pertaining to starting such a new division office. Read on to know more.
What Do You Mean By a Branch Office?
Firstly, such an office in the country is not an exclusive legal entity. It is an ancillary of the principal office that performs the same activities, complying with the activities of the principal office of the business.
Step 1 – Appointment of Local Service Agent
Appointing a Local Service Agent is the first step to setting up a branch office. Only local service agents know how to finish the paperwork in Arabic. You will need their guidance to complete processes smoothly.
Step 2 – Filing the Information with the Local Administration
The next thing on which you should focus is filling in the informative details and informing authorities at the local level about your venture in Dubai. Transparency is of paramount importance at this stage. Don’t try to hide any crucial details from the authorities.
Step 3 – Getting Licenses and Permits
One must obtain licenses and permits to kickstart a business with no hassles. The Ministry of Economy would check requests and grant permissions to open office.
Step 4 – Obtaining the Trade License from DED
One must obtain a trade license from the Department of Economic Development. It gives validation, so entrepreneurs don’t have to face any hassles in the future. This is an important step to setting up a new division.
Step 5 – Registration
The ultimate step is to register business with the authorities in Dubai. One would get a registration number for your business. This is the last step in the procedure. One can begin operations after the registration process is completed.
Documentation
Opening a branch office in Dubai requires important documents to be submitted. These include an application form, passport copies of the Director of the company, papers related to the parent company, etc.
Form a Company Without Any Hassle
Consulting with professionals with deep experience is important in matters related to Dubai freezone company formation. You can confidently rely on their prolific expertise to get through the comprehensive procedure without any doubt.
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