Subject to approval from the Department of Economic Development (DED), clients can establish a foreign branch setup onshore in the UAE and maintain 100% ownership of the company.
The activities on the UAE trade licence will mirror that of the foreign company’s constitutional documents. According to the Companies Law, a national service agent must be appointed and ISPR, through a portfolio of LLC’s, act as the local corporate partner, assisting the client with administrative formalities such as trade licence renewals, permits and visa services.