Article 117 - Requirement for registered Branch

(1) A Non-QFC Company shall not engage in or carry or purport to carry on any trade or Business activity in or from the QFC unless it is registered as a Branch with the CRO in accordance with Article 119 of these Regulations and shall comply with these Regulations in all other respects.
(2) A Branch shall:
(A) appoint and retain at all times a Principal Representative in the QFC who is authorised to accept service of any Document or notice on behalf of the Branch and to undertake any other function as may be prescribed by these Regulations or any subsequent Regulations;
(B) have a principal place of Business in the QFC to which all communications and notices may be addressed; and
(C) file with the CRO a notice of any change in the details of the:
(i) persons authorised to accept service;
(ii) Principal Representative of the Branch;
(iii) address of the principal place of Business in the QFC;
(iv) any restrictions or revocations in the power of attorney in favour of the person referred to in Article 117(2)(A);
(v) constitutional documents of the Non-QFC company; and
(vi) directors of the Non-QFC company.
(3) All documentation required to be submitted to the CRO shall be in the English language, or accompanied by an appropriate translation into the English language.
Amended (as from 5th April 2015).