A bank account is a must. You will require the following documents to open your corporate account so you can start your business:
RAKBANK, also known as The National Bank of Ras Al Khaimah (P.S.C), is one of the UAE’s most dynamic financial institutions. Founded in 1976, it underwent a major transformation in 2001 as it re-branded into RAKBANK and shifted its focus from purely Corporate to Personal and Business Banking.
Any UAE National Resident or Non-Resident, any expatriate Resident in the UAE, any GCC national resident / non-resident, any company with a Trade License to operate in the UAE, and any Government / Quasi Government entity.
Yes we have a Islamic variant also.
Accounts denominated in Dirham, US Dollar, Pound Sterling or Euro . In other currencies subject to Treasury approval.
As standard, we will issue your cheque book in AED currency.