Appointing A Commercial Agent
A foreign company can supply goods or services from abroad in Dubai through a licensed importer on a supply-of-goods basis or through a commercial agent/distributor. The commercial agent is entitled to statutory exclusive rights to distribute and market products and goods within a certain territory; they receive a commission for services. The agent must register this agency agreement with the Ministry of Economy (MOE).
Prerequisites
- Agent must be a UAE national or a wholly-owned UAE entity incorporated in the UAE.
- Agent must be listed on the Ministry of Economy’s Commercial Register.
- A commercial agent agreement must include: name, nationality and address of agent.
- If a commercial company, agreement must include company’s name and description.
- If commercial company, include head office, branch addresses and capital amount.
- List of products, commodities and services covered by company.
- Territory that the agreement covers.
- Date on which the agreement comes into effect.
- Duration of the agency and provisions in event of default.
- Agent’s trade licence and MOE Commercial Register certificate (original and copy).
- Authenticated commercial agent agreement (original and copy).
- Registration fee (varies)
- Memorandum of Association (MOA) (one certified/one normal).
- Passport of each partner (copy).
- Certificate proving commercial agent/company is owned by UAE nationals (original and copy).
Procedure
- Ministry of Economy (MOE)
- Notarise the commercial agent agreement in Dubai, or in country of principal draft.
- If notarised in the country of principal draft, agreement must be attested by the UAE Embassy.
- If notarised in Dubai, it must be attested by the Ministry of Foreign Affairs.
- Register the agreement with the Ministry of Economy’s Commercial Registration department.
- Submit application form and all documents to MOE.
- Pay fees (varies)
- MOE will reply within 15 days
- If accepted, agent will receive authenticated certificate confirming registration.
- Details of the commercial agent agreement will be published in the MOE’s Commercial Bulletin.
- If declined, MOE must provide reasons for dismissal.
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