As the corporate world grows, it has become evident that a newly emerging center of commerce is Dubai, UAE. With multiple multi-national companies setting up branches in the “Pearl of the Arabian Gulf.” If you’re looking to join the race to establish yourself in the Arabian Peninsula, then you’ll want to know the details about setting up a branch office for your company in Dubai.
A branch office refers to an offshoot of a parent company that is located abroad. The benefits of having a branch office is that your company can explore new areas and expand its horizons. Making new deals and partnerships becomes easier. A branch office in Dubai is ideal for tightly regulated industries like Banking, Financial Services and Insurance (BFSI).
THE PROCESS
After you have decided that you want a branch for your company in Dubai, you need to follow some steps to solidify the deal.
THE COST
The cost for the whole process can be divided as:
Applying at the Ministry of Economy AED 5,000
Registering with the Ministry of Economy AED 10,000
Deposit with the Ministry of Economy AED 50,000
Registering and licensing with the local government (approximate) AED 10,000
Dubai Local service Agent fee (approximate) AED 15,000
Why Us?
We provide all the services required to make the process of setting up a branch office as easy as it can be. No one else provides pro services in Dubai and UAE better than us. The services include:
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