Don't Think It's Tricky to Have an Offshore Bank Account Dubaiby Simply Offshore Labuan Offshore Company
Gone are the days when thinking of having an offshore bank account Dubai seems difficult and hefty to those who are not residing in Dubai. If you are anxious about the banking system or any other services related to banking in Dubai then you shred off all the worries as the banking system in Dubai provides both economic and financial stability and also imparts extraordinary customer support which you might not get anywhere else. However, there are certain restrictions before you open a bank account in Dubai but the good part is that you don't have to go through several hectic processes in order to have an offshore bank account Dubai because the government of UAE doesn't place any restriction for offshore banking. So, moving on further let's just have a look at a few of the basic requirements for opening of an offshore bank account Dubai.
While going through an application process the presence of a shareholder is sometimes required by the Dubai bank from any offshore company for the account proceedings. If due to any reason the shareholder cannot turn up, then either a representative of a bank will arrange a meeting with the client in his or her native country or the client can visit the branch office of the bank for identification purposes.
This part is important in almost all types of banking proceedings which conforms to both bank and the client about the necessary policies and rules. So, staying cautious about documentation is highly essential in order to smoothen the opening of offshore bank account Dubai successfully. The things required are shareholder's passport copy with the stamp of entry in UAE, a copy of the main pages of the MD passport and company license.
The KYC policy or Know your Customer Policy required by banks help the bank to clearly identify the individual who is opening an account. The KYC policy can't be ignored by the banks when you are opening an offshore bank account as is directed by the Central Bank and therefore the bank collects all the necessary information from the client like his business area, deposits, revenues and customers.
Now, these are few very basic steps required for you to have an offshore bank account Dubai, if you are really interested in knowing more about the rules then you can call Offshore4Asia Corporate Services FZE at 006-03-21613430 for more details.
Created on Nov 28th 2017 23:10. Viewed 401 times.