HSBC UAE Account for Construction & Contracting Businesses

Why HSBC UAE

HSBC generally prefers businesses with substantial turnover and international links. GoldenKey prepares a one-page business profile, a projected cash-flow summary and a document pack in the format HSBC UAE relationship managers expect. For construction & contracting, HSBC UAE offers the office options such a business actually needs and a visa quota that can grow with the team.

How HSBC UAE works with GoldenKey

1. 
   Step 1

   Profile review

   GoldenKey studies your licence, activity, ownership and expected turnover to judge whether HSBC UAE is the right match before any form is filled. Nothing is submitted for a HSBC UAE account for a contracting company until you have reviewed and approved it.

2. 
   Step 2

   Document pack

   We compile the licence, memorandum, passport and visa copies, address proof, business profile and sample contracts in the layout HSBC UAE expects.

3. 
   Step 3

   Introduction and meeting

   As a rule, we arrange the meeting with a HSBC UAE relationship manager and sit alongside you to answer compliance questions. We keep a written record of this step so your file for a HSBC UAE account for a contracting company is audit-ready.

4. 
   Step 4

   Compliance and activation

   Importantly, after compliance review by HSBC UAE, any queries are answered with our help and the account is opened.

Documents required

Here is what you will need for a HSBC UAE account for a contracting company; GoldenKey checks every item before submission.

• Passport, visa and Emirates ID copies of all shareholders and signatories
• Sample invoices, contracts or purchase orders where available
• Office tenancy contract or flexi-desk agreement
• Proof of residential address for each signatory
• A CV for each shareholder and the company's website or social links
• Personal or corporate bank statements for the last three to six months

Pricing

All prices for a HSBC UAE account for a contracting company are indicative, shown in AED and confirmed in writing ahead of payment. Importantly, use the table below to compare packages for a HSBC UAE account for a contracting company; we will confirm the exact total for your case in a written quotation.

Why the UAE

In practice, the UAE sits within an eight-hour flight of two-thirds of the world's population, which is why so many company owners choose it as a base for a HSBC UAE account for a contracting company. Just as important, the dirham has been pegged to the US dollar since 1997, which removes currency risk for a HSBC UAE account for a contracting company and makes international pricing simple.

Why GoldenKey

Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for a HSBC UAE account for a contracting company happen the same day they are ready. Importantly, after your HSBC UAE licence is issued, the same team handles renewals, visa additions, amendments and tax registrations, so you never have to explain your business twice. GoldenKey builds its own CRM and client portal, so you can see the status of your HSBC UAE application, download your supporting documents and pay invoices from your phone.

Frequently asked questions