Open a Business Bank Account
in Dubai with our Support
With Connect Group help, you can open a business account in Dubai in no time. Our company can serve as a bridge between you and a banking entity to allow you to have a local commercial account. Subsequently, you can have a place to make your financial dealings and obtain most of their benefits.
Our agents will make sure that you can have access to business loans, savings accounts, credit, and checking accounts. All of these services are especially dedicated to companies. Opening a business bank account is very important. So, we will ensure that you can take this important step towards your organization’s success.
Learn more about How to Open a
Business Bank Account in Dubai
We take care of ensuring that you can open a business account in Dubai as soon as you establish your company. Consequently, you will be able to have your personal and business incomes separate.
Therefore, this practice can make it easier for you to keep track of your company’s finances. In the same vein, you will be protecting your savings in case of any financial issue with your organization. Lastly, with a business bank account, you can save time in case you need to complete a tax return.
Additionally, by having a commercial account you can have a safe place to store your income, accept non-cash payments for your clients, and have extra benefits for your business. Small companies must know that hiring banking services can help their business grow in a short amount of time.
Have your Business Account in Place
with our Support
With our banking services, you can obtain financial and consultancy services for your local business. Our agents will ensure that you can enjoy all the benefits of opening a business bank account in the United Arab Emirates. It does not matter if you are a small, medium, or large corporation. All of our solutions cater to any kind of company.
We offer banking services such as non-interest-bearing products, deposit accounts, commercial loans, real estate loans, and credit card services. In addition, we will make sure that the bank entity that we are working with provides you with asset management and securities underwriting to meet all of your expectations.
Connect Group has years of involvement in helping companies open a business bank account in Dubai. We work closely alongside banks to make sure that our customers are obtaining a great service from them. Moreover, we provide you with all of our solutions so your company can operate within our region with no hassle.
In summary, we want to inspire you to navigate through new opportunities. We are dedicated to our craft, so we want to help you make the most out of your company. Our agents want to provide you with all the banking services your organization needs to thrive.
From facilities to investments, cash management to payments accounts to transactions. With us, you can make sure that your company is on the right path towards success. We want you to be the paramount company in your field.
Initially, you need to get in contact with us, we recommend you to give us a call or send us an email and we will shortly schedule a meeting with you. Secondly, in the meeting, we will make sure you understand every step of the bank account opening process.
Thirdly, we will provide you with the list of requirements you are going to need to open your business bank account. Fourthly, we will be submitting all your paperwork for you to the bank entity. Then, you need to provide the minimum capital to open it, and finally, your commercial account will be in place.
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No local incorporation
If your business chooses the do-it-yourself approach; the first thing you must undertake is to set up a local entity via registration and incorporation. However, this will be an expensive and consuming process, requiring accounting and skilled legal support to ensure the most important thing in this area; compliance.
Similarly, of course, there are some businesses that can bear the cost and time of setting up a branch office; but there are some instances where taking advantage of a local EOR service provider like us is a better option. In addition, we have an already existing legal entity that will handle immigration and labor requirements in the UAE. Further, we have massive expertise being the intermediary between the organization and its workers; ensuring full compliance with all regulations and laws.
Inmigration Compliance
In the UAE, immigration policies and regulations are constantly changing. Moreover, there is more scrutiny by the government regarding visas, types of organization activities, and work permits. Thus, this makes compliance the most important challenge for relocating businesses since immigration violations have several consequences for a business and the involved.
However, instead of risking non-compliance issues with the immigration authorities; many businesses decide to work with us through our EOR and PEO services. Likewise, with this practice, your staff working in the UAE will have no problems with the overuse of business visas, multiple entries, and remote payroll.
That is to say, we will handle all visa and work permit necessities and avoid complications from the immigration authorities.
Local Payroll
Most countries will mandate businesses with workers on assignment to manage a payroll complying with the local standards and a registered entity. Similarly, this practice of “remote payroll” is not always allowed, especially for long-term assignments.
Likewise, a key aspect of doing businesses in the UAE is the withholding and calculation of the different pay deductions, such as health insurance, taxes, and pensions. We take care of these crucial areas; ensuring full accurate compliance for all your business workers.
EOR and PEO services are your best employment solution; we provide the needed legal entity to run payroll with experience in tax regulations. Therefore, ensuring an issue-free process with the local authorities.
Any Query Contact Us
Location
City Tower 2 – Dubai Sheikh Zayed Road, United Arab Emirates
City Tower 2 – Dubai Sheikh Zayed Road, United Arab Emirates
Email Address
[email protected]
[email protected]
Phone Number
+97143316688
+97143316688
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