A Dubai branch company is a popular way for international companies to access the booming local Dubai economy. The following information will help you determine whether a Dubai Branch company is the optimum solution to fulfill your Dubai business objectives:

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A Dubai branch company can be 100% foreign-owned.

International companies open a Dubai branch company to access the local Dubai market and obtain UAE employment and residence visas for staff.

Through a Dubai branch company, international companies and entrepreneurs rent business premises in Dubai.

Healy Consultants assists clients open a Dubai corporate bank account to support their Dubai branch company. Healy Consultants works with internationally-recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services.

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The functions of a Dubai branch company are restricted. For example, a Dubai branch company cannot trade products or provide services within the UAE.

A Dubai branch company requires a UAE national sponsor, even if the company is 100% foreign-owned. The sponsor has no direct involvement in the company's operations, but assists with obtaining staff visas and other day-to-day administrative issues.

Setting up a Dubai branch company is inefficient. According to the World Bank's Doing Business 2008 Survey, the UAE is poorly ranked as the world's 68th easiest place to do business. The survey measures factors including business start up procedures, time, cost and minimum capital required to start a business.

International entrepreneurs should budget for Dubai branch company engagement costs ranging between US$50,900 and US$60,000, depending on the range of professional services required, the location of the parent company and the rental of business premises.

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