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Branch of Dubai Freezone Company SetupIf you have a business whose primary license was issued by a Dubai free zone company, you can obtain a branch license to grow your functioning to mainland Dubai. If you don’t have a local investor with any less than 51% proprietorship, you require an authorization from the Ministry of Economy and have a local service representative.
Representative WorkplaceA representative workplace is definitely not an entire structure business and is somewhat an activity that a branch of an overseas company will do. It has permission to market and promotes the parent organization’s business, however, cannot interact in business operations. Such branches should have a local service representative. Branch of a Based Company Setup DubaiA Branch of a based Company Setup Dubai should accept all or one of the activities integrated into the main firm license. For a company with various branches, all branches can accept various activities as long as they were all integrated into the new license for the primary company. Branch of a Foreign Company Setup DubaiA company registered in a foreign country will have a branch in UAE, Dubai, which will be its Dubai head office and under the business authority of Dubai. No import of products is permitted by the branch and this must be done through a local trade organization. The branch is under 100% proprietorship of the parent firm. These structures are appropriate for new companies set up in Dubai, without all Dubai Freezone Company Setup. If you’re a foreign nationality, you may want to go for a Dubai Freezone Company Setup license, if you want 100%proprietorship of your business. Reach us Spiderbc today for help with your business set up without any issues 100% Ownership. Read More: Starting a Business in Dubai Legal business Structures
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Dubai CentersDubai Center is Dubai News Archives
November 2020
Business Center |