Board Resolution For Opening A Branch Office Template for United Arab Emirates

1. Additional Business Activities: Used when the branch office will conduct multiple licensed activities requiring specific approval

2. Local Sponsor Appointment: Required if the company decides to appoint a local service agent for the branch

3. Property Authorization: Include when authorizing lease or purchase of property for the branch office

4. Bank Account Authorization: Used when specifically authorizing the opening of bank accounts for the branch

5. Employee Authorization: Include when delegating authority for hiring and managing branch employees

6. Intellectual Property Rights: Used when specifically addressing use of parent company's IP by the branch

1. Board Meeting Minutes: Copy of the minutes of the board meeting where the resolution was passed

2. List of Authorized Signatories: Detailed list of authorized signatories with specimen signatures

3. Power of Attorney: Power of attorney for local representatives managing the branch setup

4. Company Registration Documents: Copies of parent company's registration documents and licenses

5. Proposed Branch Activities: Detailed list of proposed business activities for the branch office

6. Financial Commitment Letter: Parent company's undertaking to support branch office operations