1. 1. The Insurance Consultant (Corporate Person) shall not open branches within the State unless he obtains the approval from the Authority for each branch separately and in accordance with the following conditions:
2. A. Issuing a decision by the Board of Directors or Board of Managers of the Insurance Consultant to open a branch within the State.
3. B. Appointing a responsible officer to the branch who fulfills the conditions and requirements specified under this regulation.
4. C. The new branch shall operate under the direct supervision of the Director General or the Chief Executive Officer or the likewise at the Head Quarter of Insurance Consultant.
5. D. Submitting proof of ownership of the location of the branch office or its tenancy contract attested by the concerned authorities.
6. E. Provide a statement showing the technical equipment in the branch, as well as a statement of the names of employees and their job titles.
7. F. The lapse of at least two years from the date of obtaining the license of the Insurance Consultant during which the activity was effectively carried out and in which there were no disciplinary sanctions or administrative proceedings imposed on him
8. G. Obtaining the Approval by the competent authority in the respective Emirate to open the branch.
    
9. 2. The application for opening the branch shall be submitted by the legal representative of the Insurance Consultant through the Electronic Means made for this purpose or other means adopted by the Authority enclosing the supporting information, and documents and proof of paying the prescribed fees. The Authority shall issue its decision to approve the opening of the branch or rejection within (20) working days from the date of submitting the complete application to the authority.

3. The registration of the branch shall be renewed pursuant to an application submitted to the Authority and after confirming the compliance of the Consultant with the provisions of this Regulation and paying of the prescribed annual fees for renewal.

4. All the provisions stipulated in this Regulation shall apply to the activity of the branch.
    
5. The Insurance Consultant may request the closure of the branch through the Electronic Means made for this purpose or other means adopted by the Authority. The Authority shall issue its decision to approve closing it within (20) working days from the date of submitting the complete application to the Authority.
    
6. Without prejudice to the penalties set forth in this Regulation, the Authority may cancel the approval issued to the branch if it loses one of the conditions based on which the license was granted or breaches one of the provisions of the law, regulations, instructions, decisions or circulars issued in implementation thereof.