UAE Free Zone Company + Bank account for sale

[SimpleGuy]

Hello everyone, I created a free zone company in Ras al Khaimah (UAE) last year, I opened 2 bank accounts (Emirates Islamic and Mashreq). I don't need it anymore, but I know that opening a bank account is difficult so if anyone is interested I'm selling it with both accounts.

 

[jafo]

How much do you want for them and will the banks keep the accounts opened after the ownership transfer?

 

[SimpleGuy]

Yes accounts can be kept, we just need to change the ownership. I want 10.000€, it's the price that I paid for opening the company and the accounts.

 

[JohnnyDoe]

Wtf I was offering my RAK company established over 10 years ago with an account with ADIB for €1k and nobody bought it 🙁

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[jafo]

JohnnyDoe said:
Wtf I was offering my RAK company established over 10 years ago with an account with ADIB for €1k and nobody bought it 🙁
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Are you still offering it?

 

[JohnnyDoe]

jafo said:
Are you still offering it?
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I have not renewed it. It was expiring in May so it might be possible to still take it with little or no penalties.

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[jafo]

JohnnyDoe said:
I have not renewed it. It was expiring in May so it might be possible to still take it with little or no penalties.
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Well, let me know

 

[JohnnyDoe]

jafo said:
Well, let me know
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You need to contact a local service provider and ask

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[aage]

JohnnyDoe said:
You need to contact a local service provider and ask
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isn't it you selling it, why does he has to contact a third party?

 

[JohnnyDoe]

aage said:
isn't it you selling it, why does he has to contact a third party?
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The company is mine but I have nothing to do with the service provider. I am not a service provider, I'm just a guy who owns a company and no longer needs it.

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[jafo]

JohnnyDoe said:
The company is mine but I have nothing to do with the service provider. I am not a service provider, I'm just a guy who owns a company and no longer needs it.
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This explains a lot now. Got it.

 

[blizz]

OP, you may clarify if the company is clean or have traded before, any liabilities, how would the buyer take over the bank accounts, I think it will never happen, the bank will refuse???

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[JohnnyDoe]

blizz said:
OP, you may clarify if the company is clean or have traded before, any liabilities, how would the buyer take over the bank accounts, I think it will never happen, the bank will refuse???
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For sure you will need to go through a full new dd with the bank, but being the account already opened will simplify things

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