Article 46 - Application to register a Branch

(1) A Non-QFC Limited Liability Partnership 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 Limited Liability Partnership 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 to 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 incorporation documents of the Non-QFC Limited Liability Partnership (including any Limited Liability Partnership Agreement);
(ii) a copy of the audited accounts of the Non-QFC Limited Liability Partnership for the preceding two years, save where the applicant Non-QFC Limited Liability Partnership 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 members of the Non-QFC Limited Liability Partnership to establish a Branch in the QFC;
(iv) a power of attorney in favour of the person referred to in Article 45(2)(A)
(v) a list of the full name, address, date of birth, nationality and business occupation of each member of the Non-QFC Limited Liability Partnership;
(vi) a copy of any written approval for the establishment of a branch in the QFC required to be obtained under laws applicable outside of the QFC to the Limited Liability Partnership; 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 by QFCA RM2012-1 (as from 11th April 2012)