The client needs to take 1 SIM card upon arrival which is also required for account opening.
We accompany the client and guide them every step of the way.
Once residence visa is stamp on the passport*, we can initiate account opening process for both Company and personal account.
*if the client has previously visited Dubai we can use last entry visa stamp beforehand.
Upon arrival the client shall have the following documents required also for bank account opening.
- Original Passports
- Copy of Emirates ID form (obtained on the 4th day after arrival)
- 6 Month personal bank statement. It could be from anywhere even outside UAE
- 3 Latest Utility bill under shareholder name
Upon the meeting with the bank the client signs the forms and within 10 days the bank details are being sent to their specified email address.
The client is the sole signatory of the bank account.
Do I need to be there for Bank account opening?
No everything is done remotely.
Do I need to sign anything in original ?
Yes and the forms are sent over to us in Cyprus by courier.
Can I open a personal bank account as well ?
Of course, no additional procedures are needed. A personal bank account can be opened simultaneously as the Company account.