Article 118 - Application to register a Branch

(1) A Non-QFC Company wishing to establish a Branch in the QFC shall apply to the CRO for prior approval to establish a Branch in the QFC.
(2) An application by a Non-QFC Company for approval to establish a Branch in the QFC shall:
(A) be made to the CRO in such form and manner as the CRO may require from time;
(B) describe the type of Business activity to be carried on from the Branch;
(C) state the full address of the principal place of Business in the QFC;
(D) state the full name and address of the person authorised to accept service on behalf of the Branch;
(E) be accompanied by the following Documents, verified in such manner as the CRO may require:
(i) a copy of the constitutional documents of the Non-QFC Company;
(ii) a copy of the audited accounts of the Non-QFC Company for the preceding two years, save where the applicant Non-QFC Company has been in existence for less than two years in which case a copy of the most recent audited accounts;
(iii) a copy of the resolution of the board of directors of the Non-QFC Company to establish a Branch in the QFC;
(iv) a power of attorney in favour of the person referred to in Article 117(2)(A);
(v) a list of the full Name, Address, date of birth, nationality and business occupation of each director of the Non-QFC Company;
(vi) a certified copy of the certificate of incorporation or other instrument evidencing the incorporation of the Non-QFC Company; and
(vii) such other Documents or information as the CRO or QFC Authority may in their absolute discretion require from time to time;
(F) contain or be accompanied by such further particulars, verified in such manner, as the CRO or QFC Authority may require; and
(G) be accompanied by any Prescribed Fee.
Amended (as from 5th April 2015).