Dubai Trade Representative Office

Trade Representative Office

If your foreign company is looking for exposure in the UAE market, you may want to set-up a Trade Representative Office. This type of representation is useful in promoting a foreign company and introducing your products to UAE companies as a non-trading ‘shop-window’.

Bear in mind, your Trade Representative Office cannot export, import or sell in the UAE. A Trade Representative Office may only practise promotional business for the products and services provided by the parent company.

More Information about Trade Representative Offices:

• Activities – A representative office does not engage in sales, services or any type of commercial activity. It only promotes/markets the activities of its parent company, gathering information and soliciting orders and projects to be performed by the head office of the parent company.
• Sponsor/National Service Agent – Each Trade Representative Office requires a local sponsor. The local sponsor has no equity participation or liability for the business, nor can the person represent the Branch Office or participate in its management.
• Bank Guarantee – As a Trade Representative Office you will be required to deposit a refundable bank guarantee of AED50,000 for the duration of your licence and this cannot be withdrawn or used as working capital.

Advantages of Sovereign PPG being your National Service Agent:

• As your service provider, we will use our experience to handle all the necessary paperwork to establish your business in a timely manner. This includes applying for visas and licences, obtaining labour quotas, translation services and assisting with the opening of corporate bank accounts.
• 100% Management Control.
• 100% Financial Control.
• Fixed annual fee.
• Simple 3 month exit strategy [no penalties].
• Full Management Team on hand 24/7.
• Suitable for entrepreneurs, SMEs and MNCs entering the UAE market.
• Transparency, reliability and realistic timelines enabling you to be fully informed at all times