There are several important factors

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The fingerprints and biometric photo.Obtaining a resident visa electronically.Obtaining an Emirates ID plastic card is the main document for communicating with banks mobile operators and government agencies in the UAE.To obtain a residence visa for the founders and license manager you only need a foreign passport photo and personal data. If the license manager is not part of the founders he needs to legalize a higher education diploma.Standard resident visas are issued for a period of years. To avoid a fine and blocking of a visa its holder is required to visit the UAE at least once every months.

The UAE residence visa is represented by two documents This is a resident visa in electronic form in a file in PDF format and Emirates ID a plastic card with a chip. Both documents are interconnected and are necessary in the future. Dont lose your resident visa file Opening an accountOpening a bank account in my opinion is the most difficult stage when registering a company in the UAE. Local banks have strict and Food and Beverage Email List very stringent requirements for companies and also carefully analyze the documents of both the organization itself and its founders including the business plan and planned activities. Companies in the UAE cannot make payments through personal accounts with the only exception being freelancers.



How much does it cost to open a company in the UAESelecting a bank. to considerminimum required balancea range of online services offered by the bankselection of corporate cards for clientsthe planned number of cash withdrawals from the account each monthfees for new checkbooks debit cards and ATM withdrawalsthe ability to transfer money abroad if necessary as well as the timing of transfersthe likelihood of your account being blocked by the bank and ways to avoid it.Here are some useful sites where you can compare bank terms for business accounts MyMoney Souq Yallacompare Dubai SME Required documents. After choosing a bank.