Why should you setup a branch company in the UAE
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information.
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information.
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
Please click here for more information on Premium features or contact us.
To learn more about subscribing to our service options, please contact us here
Setting up a branch company in the UAE will help entities established in other jurisdictions gain exposure to a growing business hub within the UAE. A branch office as per company law is an extension of the “mother company”, hence the mother company is liable and takes responsibility for all the operations by the branch company. A branch company can only conduct activities similar to the parent company.
In order to establish a branch, you will need to provide the parent company documents that are certified and, in some cases, attested up to the UAE Ministry of Foreign Affairs. Documents include the certificate of incumbency, Board of Resolution of the parent company along with the passport copies of each owner up to the ultimate beneficiaries. If the parent company documents are in a language other than English or Arabic, they will require legal translation. If the parent company documents are from a UAE licensing jurisdiction it is not required to certify or attest documents as they are already recognized locally.
Key benefits of establishing a branch company in the UAE are:
- Location: Having a branch company in the UAE means meeting your clients in just a few hours due to the strategic location in the Gulf. The UAE is also home to the region’s largest airports and trading ports in the Middle East. UAE is known for its safety and stability, and UAE’s economy is expected to grow rapidly in the near future.
- No share capital: Yup, that’s right. As it is a branch setup, the company liabilities go to the parent company and hence share capital is not required.
- 100% ownership: Setting up a Branch in Dubai would simply require you to have a local service agent allowing you the freedom to run the operations. Only an annual fee is contributed to your local service agent which means he or she does not hold any of the company shares or profit.
It is not uncommon for existing Licenses in The UAE to establish a branch in other Emirates or jurisdictions to expand their reach and tap into new markets. The formalities and process to Setting up Your Company Branch can be simple and straight forward with the right business setup partner.