Dubai Representative Office License
As per the Commercial Companies Law, Representative offices in UAE can be 100% owned by foreign nationals, provided a local service agent is appointed. THE NEXT ERA GROUP OF COMPANIES will provide the advantage of corporate partnership acting as the corporate local service agent.
However, a representative office can only promote its parent company’s activities, i.e. gathering information and soliciting orders and projects to be performed by the company’s head office.
For this license one must have an office space in Dubai. Next Era can help you to identify such premises.
Corporate Features
Company Type
Representative Office
Licensing Authority
Department of Economic Development Dubai
Legislation
UAE Companies Law
Confidentiality
Complete Confidentiality
Accounts and Audits
Mother Company’s Audited Accounts Required
Minimum Share Capital
No Minimum Share Capital
Taxation
No taxes
Currency
UAE Dirham
Time to Form
10 working days
Issuance of Visa
10 working days
Local Sponsor Requirement
Local Service Agent is required
Foreign ownership
100%
Office Space Required
A 1 year Tenancy Agreement for Office Space is required in order to issue the Trade License.