Bank Account Opening Support Services
UAE is an investor-friendly destination with world-class business infrastructure, banking facilities, business ecosystem, political stability, improved lifestyle, and more. Bank Account Opening in UAE is the next important step after the successful company incorporation. The business owners are generally unaware of domestic banks policies and their requirements. Proceeding with Bank account opening without expert consultation mostly results in applying at wrong banks where your case might not fit in as per that banks policies and risk parameters. Moreover presenting the case with a solid company profile which in full compliance with the requirements of banking KYC-procedures plays a significant role in deciding whether the bank decides to onboard the company or not.
We provide assistance in opening of:
Mainland Account
Mainland Accounts are opened for Company that are incorporated as an onshore company licensed by the Department of Economic Development. It opens up business opportunities in the local markets of the UAE and are entitled to perform business activities in the regional market without any limitation. Bank account opening for main land companies is comparatively easy as per current bank policies but applying in the right bank with a solid company profile with proper introduction plays a very critical role in determining in banks decision in determining to onboard the company or not.
Offshore Account
An offshore account is a bank account that can be opened outside your home country. Offshore bank account offers tax benefits, admission to international markets & currencies, asset protection and permit international transaction and access to investment & asset products. The services offered are stable rate of local currency against USD, online financial transactions, no limits on repatriation. Although offshore company have all the above mentioned highlights to avail same company needs to be introduced in right bank with right documentation and company profile which fully covers all the aspects of banks advanced due diligence checks, only such an comprehensive and well thought out process will ensure the offshore account opening.
Freezone Account
A freezone company requires a bank account to make transactions as well as to handle other money related matters. Opening a Freezone Account in United Arab Emirates is a little tricky task. You need an expert account opening support to get through the matters of opening business bank account easily. Banks in United Arab Emirates are the most dependable entities in the entire region. But at the same time it's not easy to open anbank account for a free zone company as it was in past due to strict Advanced Due Diligence checks for free zone companies. But don't worry, we at Innovate Visa Solutions are here to assist you in clearing all the hurdles and guide you till the time your account is opened.
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