Book traversal links for Article (32) Attachments to the Branch Opening Application
Article (32) Attachments to the Branch Opening Application
IA-BOD-RES 2/2009 Effective from 31/1/2010The following documents shall be attached to the application to open a branch for a company established in the State:
- The board of directors' resolution to open the branch.
- An economic feasibility study and work plan of the branch.
- The organizational structure of the branch and name list of the branch manager and the senior officers therein provided; including names of those persons authorized to sign on behalf of the branch.
- Emiratization percentage rate shouldn't be less than that as determined by the pertinent official authorities.
- An undertaking by the company to render specialized training courses in the field of insurance for UAE nationals working therewith.
- Any other documents as determined by the Authority.