ME-ALLIANCE LEGAL UPDATE
The Administrative Decision No. (47) of 2024 regulates the licensing of branches of economic establishments that are licensed in another Emirate or in a free zone of another Emirate, and clarifies the conditions under which these establishments are exempted from the requirement to have a physical office in the Emirate of Abu Dhabi. This decision aims to facilitate procedures and enhance business opportunities within the Emirate.
✅Companies licensed by any other emirate are exempt from the requirement to provide a physical office for a period of one year from the date of the license issuance. The temporary exemption will be revoked if the company engages in activities not specified in the regulation.
✅Examples of permitted economic activities include:
1. Ship management and operation / Marketing operations management / Management of theaters and cinemas.
2. Space consulting / Mortgage consulting / Food safety consulting.
3. Metal and iron works / Artistic works for handicrafts.
4. Logistics investments / Heritage investments.
5. Research and development in the field of robotics / Research in intelligent systems / Research and development in monitoring phenomena.
القرار الإداري المتعلق بترخيص فروع المنشآت المرخصة في إمارة أخرى
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