What are the requirements for opening a branch of a limited company existing in anther emirate with a capital of Dhs. 150,000 (one hundred & fifty thousand Dirhams)?
A company shall first increase its capital of its main office in order to conform at least to the minimum capital required in the Emirate of Dubai (please vide Question no. 20 above). It shall submit a copy of the Commercial Register as proof, as well as submit the following documents: -board of directors decision of opening a branch and authorizing a manager-in-charge. – a copy of the main company’s license. – copies of all partners’ passports, and of national registration cards of partners who are United Arab Emirates nationals. – approval by the respective government authorities concerning the required activities. – a copy of a lease of a premises at which the activity will be operated.
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