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Existing UAE company with an account in ‌Emirates‌ ‌NBD‌ ‌Bank‌ ‌

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Acquiring an existing company in the UAE with an active account

Pros of buying an existing company in the UAE Free Zone with a bank account in Dubai:

  • Prestigious jurisdiction with a high level of economic development;
  • The presence of business incentives offered by Fujairah Creative City FZ, including 100% foreign ownership and tax benefits;
  • The company has active accounts in one of the largest banks in the UAE;
  • A relatively fast process of registering a company in the name of a new owner.

Buying an existing business –  € 15,200

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The acquisition of an existing company in the UAE with a corporate account is a current solution for those who want to start business operations as soon as possible.

As of 2020, the United Arab Emirates is ranked 16th in terms of ease of doing business. An open economy, high level of GDP, a developed banking sector, and tax incentives are the indisputable advantages of jurisdiction.

We suggest that you consider the option of buying an existing company in the UAE in Creative City Fujairah, one of the leading FEZs in the region.

Company overview

When planning to acquire an existing company in Fujairah with a corporate account, read the following:

  • Year of registration: September 2018;
  • The name of the company is consonant with IT-activity (if necessary, it can be changed);
  • The company has obtained an IT Solution license for a period of 1 year (annual renewal is possible);
  • Free Economic Zone: Creative City Fujairah;
  • Availability of settlement accounts in Emirates‌ ‌NBD‌ ‌Bank‌ (USD/EUR/AED‌);
  • Availability of the Flexi Desk: the lease agreement will be valid until September 26, 2020;
  • The company was registered as a VAT payer.

If you want to buy an existing UAE company with an account in Emirates‌ ‌NBD‌ ‌Bank‌, you should know that the company passed the audit for 2018-2019. There is a positive audit opinion, as well as complete financial statements.

About the bank

If you are interested in buying an existing company in the UAE with an active account, then we propose you considering the key advantages of Emirates‌ ‌NBD‌:

  • Leading bank of the Middle East;
  • A wide range of services, including: mobile and online banking, deposits, lending, currency exchange and business projects finance;
  • High level of asset protection;
  • It is possible to order the services of a personal manager for conducting banking operations.
Additional opportunities

The acquisition of an existing company in Fujairah Creative City with an account in Emirates‌ ‌NBD‌ ‌Bank‌ ‌is possible with 100% foreign ownership.

Also, our specialists are ready to provide legal support in opening an account in the ‌Payoneer payment system.

Read also:
Important notes

When intending to buy an existing UAE company with an active account, pay attention to the following:

  • Registering a company and an account in the name of a new owner requires a personal visit to the UAE;
  • ‌Company‌ maintenance: ‌about‌ ‌5‌ ‌500‌ ‌USD/year.

More detailed information about the cost of renewing a license, as well as renting a virtual office, you can learn by receiving personal advice on the purchase of an existing company in the United Arab Emirates.

The cost of acquiring an existing company in the UAE: EUR 15,200

You can order legal assistance in registering an existing UAE company in the name of a new owner, as well as a corporate account with Emirates‌ ‌NBD‌ ‌Bank‌ by calling IQ Decision experts at the contacts listed below.

  • The information outlined in the article is actual at the time of its publication.

  • Please refer to our specialists for checking possible solutions for your business.

  • Still have any questions?

    Fill out the form or contact us as you find convenient: skype, telegram, etc. Our experts will help you resolve the issue.

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