In order to open a Bank Account in UAE, there are several steps to follow and documents to submit. We have put together a guide to help you. Follow these steps to open a Bank Account, hassle free.
Document List for opening a bank account in UAE
- Trade License
- Certificate of Incorporation
- Share Certificate
- Memorandum & Articles of Association (MOA/AOA)
- Board Resolution
- Passport copy of all Ultimate Beneficiaries (UBO) – one UBO should be available to meet with the bank
- Organizational Structure of the company on official letterhead
- Lease Agreement
- The signatory must sign passport copies for owner and shareholders (only the signatory is required to show original passport)
- Visa copies of all Shareholders, Partners, and Signatories
- Owner’s Resume/CV(mandatory)
- Proof of Address (DEWABill, Tenancy Contract). Alternatively, in the event the client is a new resident, a Declaration Letter from a relative can be provided
- Business Model of the company, detailing cash flow
- Registered address, website, and line of business along with invoices, agreements, CV’s and company stamp for 3 suppliers and 3 clients
If you need help or assistance with opening a bank account, kindly get in touch with us.
Email: sales@aaconsultancy.ae
Phone: +971505302603
