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What information do Dubai companies need to prepare to open an account?

Released Date: May 07,2021 Article Source: HUANZE

 If you want to open a bank account in Dubai, what information do you need to prepare for the Dubai company to open an account? Including: company registration certificate, trade license after the latest annual inspection, articles of association, identity and address certificates of shareholders and directors, specific information of associated enterprises (business license, tax registration certificate, articles of association), business documents, information filing of important controller of Dubai Company, economic substance investigation of Dubai Company.

If you want to open a bank account in Dubai, what information do you need to prepare for the Dubai company to open an account? Including: company registration certificate, trade license after the latest annual inspection, articles of association, identity and address certificates of shareholders and directors, specific information of associated enterprises (business license, tax registration certificate, articles of association), business documents, information filing of important controller of Dubai Company, economic substance investigation of Dubai Company.

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.

With the tightening of account opening policies of major banks around the world in recent years, the account opening information and account opening requirements are more stringent than in the past, and double audit is implemented within the bank. When Dubai company opens an account, in addition to the authenticity and integrity of the client company's main information and the legal and compliant business, the bank also requires: the minimum daily deposit balance100Wandiram.

What information do Dubai companies need to prepare to open an account?

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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