Subsidiary Company in Dubai

Dubai is one of the important Emirate in the UAE’s trading network. It is the host to major companies and corporate organizations that operate in various spheres of business.

Legislation of Dubai’s government permits free trade and this makes Dubai the attractive Emirates for foreign and local investors in the UAE.

Investors can open free zones and onshore companies in Dubai. Many foreign companies establish their presence in Dubai by setting up a subsidiary company or a branch office in Dubai. The subsidiary and branch office differs because of its autonomy in business operations, while the branch office is tied with the parent company. Subsidiary operates independently and branch office depends on the guidelines of a parent company.

Steps To Register A Subsidiary In Dubai

Based on the government of Dubai regulations, companies that conduct business in Dubai have to register with the DED (Department Of Economic Development). You have to appoint a local agent to establish a subsidiary in Dubai, who’ll handle the registration procedure in Dubai and offer relevant advice to their foreign investors. We’ve a team of experts in Dubai’s company registration to help you with the setup process.

As per the Dubai Company Law, foreign companies can register their subsidiaries in Dubai under the LLC. Here are the steps to follow if registering a subsidiary in Dubai.

• Company name reservation
• Get approvals for business activities from DED in Dubai.
• Notarize and draft the articles & MOA for the subsidiary in Dubai.
• Submit the relevant information of directors or shareholders to the DED.

On completion of the registration of the subsidiary in Dubai, the investor has to apply for a business trading license with Dubai’s Chamber of Commerce and Industry.

Get A Trading License For Subsidiary In Dubai

A few information and documents must be submitted to the Dubai’s Chamber of Commerce to get the trading license for the subsidiary in Dubai. Some are:

• Copy of Articles & MOA for the subsidiary in Dubai.
• Trading license application form.
• Name approval letter from DED in Dubai.
• Passport copies of directors or shareholders.

Subsidiaries in Dubai need to get clearance from the Dubai’s Municipality Building Department. It is because the subsidiary must have their company’s registered office in Dubai.

Consult our specialists at Black Swan to get the information regarding your trade license availability to set up the subsidiaries in Dubai.

Originally posted 2022-04-26 02:48:08.