Article 76 - Application to establish a Branch

(1) A Non-QFC 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 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 if any of the Non-QFC Partnership (including any Partnership Agreement);
(ii) a copy of the audited accounts of the Non-QFC Partnership for the preceding two years, save where the applicant 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 Partners of the Non-QFC Partnership to establish a Branch in the QFC;
(iv) a power of attorney in favour of the person referred to in Article 75(2)(A);
(v) a list of the full Name, Address, date of birth, nationality and Business occupation of each Partner of the Non-QFC 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 Non-QFC 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.