So you want all the perks of a UAE Company but don’t want to actually be a resident? Thats whats known in the game as a Zero Visa Package company with bank account in Dubai, essentially one of the cheapest methods to obtain a company without becoming a resident so not effecting your home country tax at all and of course you still want the bank account so you can make financial transactions.
Having a UAE bank for this is now proving difficult, the banks don’t really want to just open their doors to people with very minimal checks and they now need to present that you are actually living in the UAE. Now this may not be financially viable or geographically viable or you may just dam right not want to get a visa at all. Thats fine and thats where we come into the picture.
We have a fantastic new partnership with a bank in Europe who will allow you to use your home residency as your identification to open your account. This means you can setup though us a company which has no employees other than you as the director and shareholder (you could add more if you wish) we would once we have the documents (a matter of days) begin the on-boarding process for you to get your account open which through our fantastic connections takes generally 24 hours to be activated and allow you to begin receiving transfers world wide.
This as I’m sure many of you are aware is not the case if you try to take a one visa package and open up a UAE bank account.
Rejections and months of compliance are just the beginning in most cases and we are seeing several companies come to us and say accounts were closed after the first transaction. Now whist we cant promise that this wont be as simple as this forever what we can say is now is the time to get involved.
Lets be honest, the offshore sector has been getting hammered with regulatory issues, the EU going nuts and trying to blacklist areas and of course every one knows “someone” with money frozen or compliance that has been ongoing for the last few months, the way around this we know at the moment is quite simply don’t use one of this type of “offshore” company, base yourself out of a free zone and we can remove that naughty word and still get you the service you need!
Another change we have seen in UAE banking is the reoccurring compliance requests from offshore bank favourites in the UAE (Mashr……) that simply seem to make little or no sense to clients, requests for information about transactions on occasion several years in the past are going to be difficult to answer given todays fast paced world.
Now we aim to provide a service through our new banking partner that of course they will require supporting documents on occasion for transactions but at least they ask for them this week not next year when you perhaps have better things to be thinking about.
Now if the above hasn’t tipped you quite towards the chat box on my right hand side to ask where to pay for such a setup then perhaps this extra bit will tempt you.
We know that banks in UAE have stopped giving out debit cards for company bank accounts which makes it a real pain to get money out or pay for marketing bills or just pay for staff lunch. With our new banking partner this will not be an issue and you will be able to issue multiple debit cards to your account thus allowing you direct instant access via debit card to your account.
So what are you waiting for ? Call Zak our Zero Visa specialist on 00971 0508754417 today to get your setup done now.
We also have WhatsApp Telegram and a chat box on the right if you prefer.