How to Open Free Zone Company Bank Account in UAE
A free trade zone company bank account enables a company owner to make transactions and also to deal with other cash matters. A Free Zone Company Bank account opening is a complicated task to do. This is the point at which you need an expert account opening assistance to get the issues effectively. Banks in the UAE are the best entities in the region.
Advantages of Opening a Free Zone Company Bank Account in UAE
- Manage your resources easily.
- Helps in productive development of your business.
- Also, Manages business finances.
What are the Required Documents?
- Presence of all shareholders with original passports
- Passport copy of shareholder (s)
- Incorporation documents of the Company (Certificate of Incorporation, Trade License, Memorandum of Association (MOA) and Articles of Association, Share Certificate (s) and also Lease Agreement)
- Personal Profile/CV of shareholders
- Business Profile /Plan of the Company
- 3-4 (potential) customers of the Company (preferably with contracts, invoices, etc.)
- 3-4 (potential) suppliers of the Company (preferably with contracts, invoices, etc.)
- Amount and also a source of initial funds to be credited in the account
- Monthly and annual turnover
- List of countries that the Company do business with
- Personal bank statement for last 6 months (in English) from the existing account
- Corporate bank statement for last 6 months (in English) from an existing account (if applicable)
- Bank reserve a right to request additional documents, depending on the client’s profile.
MSZ Consultancy at your service
We MSZ offer our services to each sort of small and also a large business in the UAE. We help companies to set up and also to develop in the United Arab Emirates market zone. Moreover, we help our customers in getting as well as in opening a bank account in various best prime banks. For further information, please email us on info@mszconsultancy.com
Find out how much it cost you to setup your Dream Business
Other Recent Blogs
Visa Reforms in the UAE Are Set to Drive Foreign Direct Investments
The UAE has long been a promising business destination for foreign investors and entrepreneurs. With progressive laws and regulations that promote a business-friendly economy, it's no surprise that people from all over the world travel to the region to take advantage...
How to Create a Winning Culture for Your Business Startup
Planning to Start a Business in Dubai? Make Sure to Get Your Company Culture Right! Creating the right company culture from the get-go will give your startup a much better chance of success in Dubai and in the UAE – and anywhere else, for that matter. And it’s MUCH...
Guide to Buying a Ready-Made Offshore Company in Dubai
Are you an investor looking to form a business in Dubai's offshore? You're not alone! Many business owners and entrepreneurs travel to the UAE to take advantage of the region's growing business potential. And while company setup in Dubai is built to be a...
Sole Proprietorship Business Registration in the UAE
What’s a sole proprietorship? Also known as a sole trader, proprietor, or solo establishment, a sole proprietorship is one of the simplest and most common vehicles for starting your own business. This is a great choice for an individual who’s ready to go it alone in...
Name Changes and Procedures of Activity Changes for an LLC Company
Business setups in UAE are some of the most popular and also recognized to be some of the most successful amongst all of the world’s economic centers. The modern infrastructure and many attractions here persuade many expats to launch their own business right here in...
Accounting and Bookkeeping Services in Dubai
Developing proper accounting and bookkeeping procedures is critical for a business's success, no matter the size or scope. Per the regulations of the UAE government, maintaining detailed books of your business accounts is a mandatory requirement that must be completed...
Subscribe to Our Newsletter
We’ll keep you updated on the latest trends and news
WhatsApp us 
