Saturday, 3 May 2014

Representative office of a Foreign Company in UAE

Representative office of a Foreign company or a local company in UAE. Representative office is incorporated to facilitate their own trade in this region or extending their arm in different emirates. This will enable the investors to grow their business and save tax 100%. 
The other advantage of having the representative licenses is the ownership and the control will be 100% by the investor and any time the local service agent can be changed without notice. . . Representative offices of foreign professional firms may be 100% foreign owned provided UAE nationals or 100% UAE owned companies are appointed as local agents. As mentioned previously, such agents are not involved in the operations of the firm but assist in obtaining visas, labor cards etc and are paid a lump sum as remuneration. 
The Economic Department is the authority in charge of licensing such branches or representational offices A representative office can be incorporated of a foreign company in UAE and they are allowed to promote their product and services, multinational companies can reach the prospects locally and in the middle east region. They can arrange the meetings and can provide customer service to the clients with in the region

Advantages 

Hundred percent ownership
can reach the market locally
can do the advertisement and promotion

The UAE economy is clearly divided between the onshore sector, dominated by local business interests, with restrictions on foreign ownership, and the offshore sector which consists of a number of Free zones. SME Consultant is a professional company based in Dubai specializing in company incorporation services in both of these sectors. For over 5 years our professional business advisors have been providing a comprehensive range of services to individuals and corporates around the world, adhering to the highest international quality standards and in full compliance with the existing rules and regulations to incorporate your business and get you set up in Dubai, UAE or GCC.

The company has a reputation as a reliable and competent service provider in Company Registration Professional, Commercial and Trade Business Incorporation â€" Limited Liability Company Formation, Joint Ventures, Branch Offices, Representative Offices, General Partnership Company, Partnership-en-commendam, Public Shareholding Company, Private Shareholding Company, Share Partnership Company
  • Business Set up in UAE Free Zones
  • Home Business set up
  • Business Legal Structures, Documentation and Agreements
  • Company Name Selection
  • Office Rental, Purchase, Virtual Office Services and Employee Accommodation
  • Corporate Bank Accounts
  • Corporate Finance
  • Marketing and Advertising
  • Business Intellectual Property Protection
  • Employee Recruitment and Procedures
  • Document Processing and Clearing, Work Permits, Visa's, Identity Cards
  • Employee Relocation and Orientation â€" Residency Visa's for Family, Housing, Education, Medical & Health Card, Insurance, Shopping, Hobbies, Groups & Associations, Driving Licence, Transportation and Domestic Helpers.
Economic activity is regulated separately in each of the seven emirates as well as by the Federal Government. Dubai authorities have created an environment which is well ordered without being unduly restrictive and offers operating conditions that are among the most liberal and attractive in the region. There are many options available to international companies and the advantages of having a presence in the Middle East are considerable. It is well known now that businessmen and women in the region prefer to deal with people they know and trust. Relationships are far more important in the Arab world than in western regions. Our strategic business development consultants can provide valuable advice on how best to enter and position your brand in the UAE market.
Buying patterns of some countries served by Dubai can be unpredictable, making accurate market intelligence and feasibility studies a must. The common occurrence of fraud, and the ease at which it is directed against foreign investors, is a grim reality in a fast growing economy, and must be taken into consideration when making any realistic plans for a business investment or relocation.
We don't encourage our clients to get caught up in the hype endemic of this country's supersonic economic growth, and rush their investments. With our attention to detail and personal approach we ensure the efficient, safe and cost effective set up of your business from company registration and incorporation to employee relocation and orientation services

Vithul V Murali
Dubai Mobile : +971 50 55 73 538
Skype : Vithul.murali

8 comments:

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