Bank Account Opening Assistance
After acquiring a license, the next crucial step for any business is opening a bank account. We offer assistance with banking across the United Arab Emirates (UAE) and facilitate the account opening process. Our services extend to both free zone companies and mainland corporations, leveraging our connections with numerous institutions.
Banks have various criteria concerning paperwork, minimum balances, and sector-specific expertise. The approach may vary based on specific circumstances. We provide our clients with a list of appropriate and reputable banks based on their requirements and preferences.
The timeline for opening an account depends on factors such as the nature of the business, the domicile of operation (free zone/offshore or mainland), and the nationality of the signatory. For example, in the mainland, General Trading requires compliance approval before opening an account, making the process more time-consuming. Trust us to navigate the complexities of bank account opening in the UAE, ensuring a smooth and efficient process for your business across the entire country.