Banking Representative Office License UAE

ISIC classification: Activities of head offices (7010)

Typically requires Designated Zone status for VAT purposes

About this activity

Local liaison office for foreign licensed banks to promote banking services and conduct market research. Strictly prohibited from booking loans or taking local deposits.

Regulatory requirements

Requires external approval — Central Bank of the UAE

100% foreign ownershipYes

Facility requirementCommercial Office Space

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