BANK ACCOUNT OPENING ASSISTANT IN UAE
Right Hand Corporate assists you with services like corporate bank account opening in Dubai
Setting up a business is never complete with opening an account with any of the leading banks in UAE. From effectively managing your company’s money transactions to availing various services and enhancing your business operations, a business bank account is a must. Like any other business setup process, opening a company bank account is still a tedious task, especially for first-time entrepreneurs.
As the most-preferred and advanced Consultancy Company in Dubai, we customize our consultancy services in UAE to remove the hassles of manual account registration by preferring – Setup business bank account online.
How To Open Company Bank Account?
Step1: Secure your Trade License
Obtaining your business’s trade license is one of the crucial steps in opening a bank account.
The three simple steps associated with getting your business license approval are:
✓ Select your business activity
✓ Propose a name for your company
✓ Complete the paper words related to your business incorporation
Step 2: Get all your must-have papers in order
Even though the documents that are to be submitted slightly vary from bank to bank, the general documents asked by these banks include:
✓ A business bank account opening application form
✓ An official resolution passed by the board of directors notifying the opening of the business bank account
✓ Your company incorporation certificate
✓ Trade license certificate
✓ All documents related to the company shares
✓ Memorandum and articles of association of your company.
✓ Copy of passports of your partners.
Step 3: Visa requirements for your shareholders
If your company has other foreign nationals or expatriates, it is important to understand their visa related requirements while opening a bank account. Depending on the bank you have chosen to open the account, they will ask ok for the proof of the resident visa details of your partners.
Step 4: Select your most-preferred Bank
You need to choose your bank with which you intend to open a business bank account based on following factors like the ease of doing business transactions, customer-friendliness, and the reliability of their services. Some of the top banks in UAE are Emirates NBD, First Abu Dhabi Bank(FAB), Mashreq Bank, etc.
Step 5: Bank account opening application process
Being the low-cost business setup agency in Dubai that has in-depth expertise on how to open corporate bank account, we offer the finest bank account opening assistance for our clients at your disposal. You can make an appointment with us when you are available and we will help you how to set up a business bank account with ease!
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