Banks Representative Office in UAE

Banks representative office in UAE is established by companies for the purpose of marketing and other non-transactional operations. Companies establish representative offices when it is determined that setting up of a subsidiary/branch is not required. These offices not highly regulated as they are only involved in marketing activities. This makes it easy for companies to set up such office than establishing a new branch or subsidiary. Representative offices are used by foreign investors to foray into this new market. They use the representative offices for sourcing products, quality control and general collaboration between the head office and the international representative offices.