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──Mar 15 , 2021Is it easy for a Dubai company to open an account in a local bank in Dubai

The UAE government has been pursuing an open and free trade policy, striving to create a favorable investment environment for foreign investors and formulating preferential policies that are difficult for other countries to achieve. In the United Arab Emirates30Several free trade zones, there are quite a few companies from all over the world registered in Dubai.

If a Dubai company wants to open a local bank account in Dubai after registration, what information do you need to open an account? Including: company registration certificate, trade license, articles of association, identity certificate of shareholders and directors, specific information of associated enterprises (business license, tax registration certificate, articles of association), business documents.

Bank account opening requires the attendance of the director (or authorized person) in person. The bank will check the basic registration information of the company in advance. After the pre-check is passed, the bank will make an appointment to open the account. Requirements of the bank:1, minimum daily deposit amount100Wan Diram, pay - net bank free, international remittance monthly200Dirham And so on. Uae's largest bankEmirates NBD,FABThe bank. So as long as your Dubai company does legitimate business, good management and active bank transactions, it is not difficult to open an account.

Is it easy for a Dubai company to open an account in a local bank in Dubai?

CycloseThe company is committed to providing domestic and foreign customers with corporate audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many private enterprises, listed companies and large state-owned enterprises.

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