What documents are required to open a business bank account in the UAE after setting up a company?
To open a business bank account in the UAE after establishing a company, essential documents include a local business license and the resident visa of the shareholder. Additional documentation may vary based on the specific nature of the business and its activities.
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It is possible to establish a company in the RAK free zone with a single visa allocated for the shareholder. This arrangement allows for streamlined operations and management within the free zone, catering to the needs of individual entrepreneurs and small business owners.
Establishing a company in Fujairah Free Zone requires the submission of specific information, including the intended business activity, the number of shareholders, the nationality of shareholders, and the number of resident visas needed as per the company license. This information is essential for the processing of the application and compliance with local regulations.
To open a business bank account in the UAE after establishing a company, essential documents include a local business license and the resident visa of the shareholder. Additional documentation may vary based on the specific nature of the business and its activities.