Corporate bank account in UAE

The procedure of Dubai bank account opening for business use as it differs bank to bank.

Required Documents for Opening a Corporate Bank Account in UAE is following below

For UAE Resident Limited Liability Company (LLC)

The required documents must include

  • Trade License and also the Memorandum of Association (MOA)
  • Passport copy of the authorized parties with visa page/Entry Stamp page.
  • Passport copy of the Local Sponsor
  • Chamber of Commerce Certificate copy and also the Power of Attorney

For UAE Offshore Company (AFZA, JAFZA & RAK IC):

The required documents must include,

  • Certificate of Incorporation and also the Shareholder’s Passport copy
  • Memorandum of Association (MOA) and also the Article of Association (AOA)
  • Share Certificate (if share percentage is not mentioned in MOA or AOA)
  • Passport Copy of the ultimate beneficiary provided (if any).
  • Signatory’s passport entry stamp page or visa copy
  • CV of all the partners
  • Company profile and also
  • Board Resolution/Power of Attorney in favor of the Authorized Signatory (If required)

For UAE Free Zone Company:

The required documents must include

  • Incorporation Certificate or Trade License
  • Share Certificate (if share percentage is not mentioned in MOA or AOA)
  • Passport Copies for all partners (if any)
  • Memorandum of Association (MOA) and also Article of Association (AOA)
  • Board Resolution (if any)

Note: Required documents will differ based on the Bank and also the Business Activity of the company.

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We at MSZ Consultancy, we provide the entire support on preparing your personal documents as well as registering companies in the UAE and providing all its documents to banks.

If you want to open a corporate bank account in UAE then feel free to Contact us: +971589827842 or Email us: info@mszconsultancy.com

 

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