What activities to be conducted for ESR in Dubai, UAE?

Banking Business

• Raising funds, managing risk that includes credit, currency, and interest risk.
• Taking hedging positions.
• Providing loans, credit, or other financial services to customers.
• Managing capital and preparing reports for investors or any government authority with functions relating to the supervision or regulation of such business.

Insurance Business

• Predicting and calculating risk.
• Insuring or re-insuring against risk.
• Providing Insurance Business services to clients.
• Underwriting insurance and reinsurance.

Investment Fund Management Business

• Taking decisions on the holding and selling of investments.
• Calculating risk and reserves.
• Making decisions on currency or interest fluctuations and hedging positions.
• Preparing reports for investors or any government authority with functions relating to the supervision or regulation of such business.

Lease-Finance Business

• Agreeing with funding terms.
• Identifying and acquiring assets to be leased.
• Setting the conditions and duration of any financing or leasing.
• Monitoring and revising any agreements.
• Managing any risks.

Headquarters Business

• Taking management decisions.
• Incurring operating expenditures on behalf of group entities.
• Coordinating group activities.

Shipping Business

• Managing crew that includes hiring, paying, and overseeing crew members.
• Overhauling and maintaining ships.
• Keeping a watch and tracking shipping.
• Managing the order and delivery of the goods and overseeing voyages.

Intellectual Property Business

(a) where the Intellectual Property Asset is a –

• Patent or an asset that is similar to it, research, and development.
• Non-trade intangible like trademark, branding, marketing, and distribution.

(b) If the Relevant Activity conducted by a Licensee that is a High-Risk IP Licensee, the Activity must include any of the following additional activities:

• Taking strategic decisions and managing the principal risks related to the development and subsequent exploitation of the intangible asset.
• Making the strategic decisions and managing the principal risks relating to the acquisition by third parties and subsequent exploitation and protection of the intangible asset.
• Carrying on the ancillary trading activities through which the intangible assets exploited that leads to the generation of income from third parties.

Distribution and Service Center Business

• Transporting and storing parts, materials, or goods ready for sale.
• Managing inventories and Taking orders.
• Providing consulting or other administrative services.