Banking in UAE
UAE related forum posts
Right start is essential for a Perfect Business”UAE provides a reputable and international Platform for all kind of businesses. Setting up in the UAE is an excellent choice because of the regulatory regime and the geographical time belt.Dubai has created a business environment that is well regulated without being unduly restrictive and offers operating conditions that are amongst the most
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HelloI have been trying to get a loan for some time now. due to the large sum amount of the money to expand my business in Finland but i was unable to get a loan because to my credit score All other corporation/bank turned me down.Till i was introduced by start up overseas to Discovery Investment LOANS and i was able to get a loan from them without any delay, So i am using this opportu
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Banking in the UAE
Setting up a bank account in UAE is a little more tedious than it is in, say, European countries. There are many formalities, including much paperwork.
You cannot open an account without a UAE residency permit. You may be asked for your tenancy agreement to prove your address. Most banks will also ask for a photocopy of your passport. It is recommended that you take copies of all these documents, as well as identity photographs.
There are cash machines across the Emirate and internet banking is available. Banking hours are usually 0800 - 1200, Saturday to Thursday.
Organisations that can assist with Banking
Business Banking advice Advice on which type of bank account would best suit your business. Help making payments – and getting paid.
Sovereign offers a range of advisory and support services to assist companies of all sizes to establish successful business operations in foreign markets.
Company formation in Dubai is not a straightforward task. Despite this, Dubai has a unique set of appealing features that attract entrepreneurs and established businesses alike, to make Dubai a base for their operations