Foreign Branch Companies
Foreign companies are permitted to establish wholly owned branches and representative offices in the U.A.E.; however, these offices are limited in the activities they may conduct within the U.A.E.
Only UAE nationals or companies 100% owned by UAE nationals may be appointed as local agents. Local agents (sometimes referred to as sponsors) are not involved in the operational side of the company, but merely assist in obtaining visas, labor cards etc, and are paid a lump sum and/or a percentage of the profit or turnover.
The main difference between a representative office and a branch office is that a representative office theoretically is limited to gathering information and soliciting orders and projects to be performed by the company’s head office. In this regard, representative offices are also limited in the number of employees they may sponsor (typically three or four). A representative office serves as an administrative and marketing center for the foreign company. By contrast, a branch office is a full-fledged business, permitted to perform contracts or conduct other activities as Specified in its license
Consulting WP – we help companies assess their skills and choose a new direction which utilizes the talents of the team and resources most productively.
Safety net & build wealth
You can transform your business to a revenue-producing asset that lets you work as much or as little as you want.
Business planning & strategy
Our clients are often surprised by the possibilities we present to them; by thinking outside the box we present exciting new ventures:
- Work fewer hours — and make more money
- Attract and retain quality, high-paying customers
- Manage your time so you’ll get more done in less time
- Hone sharp leadership skills to manage your team
- Cut expenses without sacrificing quality
- Automate your business, so you can leave for days,
Research beyond the business plan
We also ensure that the whole team is included in the process and that no one is left out during the turnaround. The most crucial part is ensuring some degree of financial stability during the turnaround.
This is the most worrying part for most clients going through or needing a turnaround; it means that incoming cash flows will change completely. We help ease these issues through fantastic financial projections and a realistic view of what can be accomplished.
Creating a list of potential qualified prospects for your service or product can be daunting when you’re beginning your business. However, this needs to be considered as a follow up on your Target Market Analysis so you can hit the ground running.
Business plan market
Financial projections are a necessity for any company. As the leader of the company you need to know how your finances will look the next year. This also has the benefit of alerting you to any red flags you may be unaware of:
- Don James/Semplice – Article and News research
- HighVoltageBusiness – Company and Industry Research
- Goovers – Company and Industry Research
- IRISpace – Industry Research
- Lexos-Nexos – Company, Industry, Market Research
- Plombett – Industry Research
- Pronounce – market analysis report “slices”