Expanding your Business in Dubai - dda
Funding & Expanding your Businesss
Establishing a Branch Office in Dubai
With the branch office, companies can perform the same activities as per the parent company. You can apply for the respective trade license for these activities, with the parent company responsible for the branch office's obligations, also ensuring the branch has the same name as the parent company. With the branch office, your company can perform the same activities as per the parent company. To establish a branch, you will need to assign a local service agent, submit an application to open a Branch Office, obtain necessary approvals from the Ministry of Economy and the Federal Foreign Companies Committee, and finally apply for a Trade License from The Department of Economy & Tourism (DET).
Funding your business in Dubai
Securing Funding for Your Business in Dubai:
Government Initiatives: Access funding through government-backed programs like
Bank Loans: Consider loans from banks registered with the UAE Central Bank
Venture Capital & Private Equity
Incubators & Accelerators: Join government supported incubators and accelerators
Khalifa Fund
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Dubai Future District Fund
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UAE Central Bank
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Find support for your business here
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For funding, providers usually ask for these documents:
Completed applications for the opening of a Branch Office
The trade name reservation certificate
The passport copies of the Company’s Director(s)
The board resolution of the Parent Company for opening a Branch Office in Dubai UAE.
The Memorandum and Articles of Association (MAA) by the parent company.
A copy of the Certificate of Incorporation of the parent company.
A no-objection letter from the parent company.
A power of attorney for the Director of the Branch Office.
Dubai Next
DubaiNext is an innovative crowdfunding platform designed to support businesses in Dubai by connecting them with potential investors. The platform offers entrepreneurs and startups the opportunity to raise capital for their ventures by showcasing their projects to a wide audience of contributors.
With an easy-to-use interface and secure online transactions, DubaiNext provides businesses with a convenient and efficient way to fund their growth while engaging with a supportive community of investors interested in their success. By utilizing DubaiNext, businesses can access the financial resources they need to thrive in the competitive market of Dubai.
Start using Dubai Next here
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