In order to open a bank account for a Company incorporated in any other jurisdiction, the Company will be required to provide the following: The Account opening form (AOF) to be signed by the authorized person (s)  either in the presence of Bank Officials in Dubai, or otherwise to be attested by the UAE Embassy; A copy of the Certificate of Incorporation/Formation; * A copy of the  Memorandum of Association & Articles of Association; * A copy of the Share Certificate;* A copy of the Share Register/Incumbency Certificate (if available);* A Board Resolution to open a bank account (or Power of Attorney);* Passport copies of all Shareholders, Directors and Signatories. An original Bank Reference Letter in the name of the Authorized Signatory. If the Shareholder is another Company, then copies of all legal documents of that company including the … Read entire article »

To open a bank account for a RAK Offshore Company in the case that the Shareholder  and the Director are legal entities, the following are required: If the Shareholder of the company is a legal entity: The Account Opening Form (AOF) to be signed by the Authorized Signatory/ies. This can        be established through a board resolution by the Parent Company / Shareholding Company; A copy of the Certificate of Formation/ Incorporation issued by RAK FTZ; A copy of the Memorandum & Articles of Association issued by RAK FTZ; A copy of the Share Certificate (if share details are not mentioned in the MOA issued by RAK FTZ); A Board Resolution to open a bank account (or Power of Attorney); A copy of the Certificate of Formation/ Incorporation of the Parent Company; A copy of the Memorandum of … Read entire article »