Offshore company in Dubai / UAE who?

[Andy Korzh]

Also used it on Cyprys and Malta

 

[AMD]

Is that how it is? someone can confirm it?

 

[kinglion]

is not correct.
i have researched the internet and found out that if you have a‌ residency visa you can open an account without any problems

i have no personal experience‍ yet. only what i have read

 

[AMD]

thanks for commenting and taking the time to reply. Now I just wonder if what‌ you read is also the truth. Many incorporation services, not just the one in the‍ UAE but all over the globe, tend to advertise with services they are unable to⁠ fullfilm.

You can check the mentor group there are 2 great examples about too of⁤ such s**t services.

I have also read many times that an agent is able to⁣ help you setup a bank account for your RAK or Dubai company and no personal⁢ visit is required, unfortunately I'm unable to travel no so I can't say if it︀ is true or not.

 

[kinglion]

could you please send me the︁ 2 examples via PM?

About bank account:
if you hire an agent you pay so︂ much money for nothing.Because they don't do anything else but fill out a form with︃ your data. To open an account you still have to go to the bank personally.︄

 

[erni]

I assume @AMD referred to this one
https://www.offshorecorptalk.com/forums/removed-from-the-public-forums-secrets.55/

 

[CaptK]

RaK offshore (RAK ICC) doesn't give you residency and bank account in the UAE is impossible.‌

Only good for holding domain and assets.

 

[erni]

what does it require in your opinion ?

 

[CaptK]

Any of the offshore jurisdictions but it's a discussion for another thread.

 

[cyprusbanker]

The title of this thread says Offshore company in Dubai / UAE so now I‌ would like to ask, what would be the very best place in the UAE where‍ it also would be possible to get an EMI or bank account for the company?⁠

 

[CaptK]

My opinion‌ is if you want a cheap set up go Ajman Freezone, Ajman Bank are looking‍ for customers but they are a bit antiquated.
Fujeirah are quick and a little more⁠ expensive.

 

[sonato]

you mean‌ I can go there myself once we can travel and they can set it up‍ within a weeks time?

 

[CaptK]

You can register remotely‍ before you go but budget a week for biometrics, blood test and ID card.

 

[lory]

Can someone avoid all the noise and just answer the above question?

 

[JohnLocke]

second that, we should consider to make a list of providers of company‌ formation services in the UAE.

 

[AMD]

How complicated can it be... there are several mentioned on OCT already. I would say‌ it is just to go ahead.

 

[gmbh]

This is‍ strange because @Fred guarantees a bank account in UAE.

Anybody else who has experiences to⁠ get a corporate bank account in UAE?

 

[Gediminas]

No one can guarantee a bank account. Period.

 

[Spinat]

We need to see some reviews from people that succeed to setup a bank account‌ in UAE!

It read to me a little like the story about US bank accounts,‍ everyone claim they can do but no one say they did.

 

[Gediminas]

Well, we use a UAE bank account for our UAE business. It's doable, I⁤ am just saying it's not guaranteed.

The banking in UAE is so far so good.⁣