Opening a bank account may have different kind of documentation required. A country like U.A.E where paperwork is something that is important to deal with any kind of legal work requires expertise so that you may not face any problems in the future. Bank account opening assistance depends on which type of account you want to open, and which bank you should choose so that your company could have smooth transactions in the future.
We at Bizvirtue try to accommodate all the requirements you need to open a bank account by understanding the needs of your company and suggest you according to company needs in the future. We have experts that may analyze and guide you through the whole process and help you in each and every step of your way. Start your journey towards financial security and growth today with our seamless bank account opening assistance services.
Some facts should be known to open a bank account in U.A.E
There are 4 types of banks in U.A.E:
Commercial, industrial, merchant and Islamic.
There are 23 local banks and majority of them are listed under private Joint stock companies.
There are 26 different foreign branches in the U.A.E.
- Labor department paperwork
- Memorandum of association
- Document of board resolution
- Passport of the shareholders copy and Emirates ID
- Letter of reference of all partners
- Copy of directors’ passport
- Shareholders registry
- Certificate of authorization
- Business plan
- Information of the company
