Emirates NBD Account for Business Consulting Businesses

Why Emirates NBD

Emirates NBD usually expects a resident signatory and a clear business plan with projected turnover. Account opening at Emirates NBD is a compliance process, not a sales process: the bank wants to understand who you are, what you sell, who pays you and where the money comes from. GoldenKey has licensed business consulting in Emirates NBD for clients ranging from solo company owners to groups opening a regional branch, so we know which sub-activities to list.

How Emirates NBD works with GoldenKey

1. 
   Step 1

   Profile review

   We review your licence, activity, shareholder nationalities and expected turnover and confirm that Emirates NBD is a sensible match.

2. 
   Step 2

   Document pack

   We compile the licence, memorandum, passport and visa copies, address proof, business profile and sample contracts in the layout Emirates NBD expects. For an Emirates NBD account for a consulting practice this step rarely needs your presence; scans and e-signatures are enough.

3. 
   Step 3

   Introduction and meeting

   As a rule, we introduce you to an Emirates NBD business banking officer and sit with you for the file meeting, in person or by video.

4. 
   Step 4

   Compliance and activation

   The bank's compliance team reviews the file, may ask follow-up questions that we help you answer, and activates the account on approval. If the authority raises a query on an Emirates NBD account for a consulting practice at this stage, we handle it the same day.

Documents required

Here is what you will need for an Emirates NBD account for a consulting practice; GoldenKey checks every item before submission.

• Proof of residential address for each signatory
• Office tenancy contract or flexi-desk agreement
• A CV for each shareholder and the company's website or social links
• A business profile describing products, customers, suppliers and countries of operation
• Sample invoices, contracts or purchase orders where available
• Trade licence, certificate of incorporation and memorandum of association

Pricing

Pricing for an Emirates NBD account for a consulting practice depends on the package you choose; every option below includes GoldenKey's service and the government fees stated. For most clients, the figures below for an Emirates NBD account for a consulting practice are updated by GoldenKey whenever the issuing authority changes its fees, so the price you see is the current one.

Why the UAE

Banking, logistics, telecoms and digital government services in the UAE are among the most advanced in the region, which keeps the running costs of an Emirates NBD account for a consulting practice predictable. The dirham has been pegged to the US dollar since 1997, which removes currency risk for an Emirates NBD account for a consulting practice and makes international pricing simple.

Why GoldenKey

As a rule, after your Emirates NBD licence is issued, the same team handles renewals, visa additions, amendments and tax registrations, so you never have to explain your business twice. For most clients, we speak the languages our clients speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for an Emirates NBD account for a consulting practice. GoldenKey's consultants have handled an Emirates NBD account for a consulting practice for traders, consultants, tech founders and family offices, which gives us a realistic view of what each authority approves quickly.

Frequently asked questions