RAKBANK Account for Cleaning & Facilities Management Businesses

Why RAKBANK

Crucially, having a UAE residency visa and Emirates ID for at least one signatory makes a RAKBANK file noticeably smoother. If RAKBANK is not the right fit for your profile, we say so and introduce you to a bank that is, because a well-matched submission is approved faster. GoldenKey has licensed cleaning & facilities management in RAKBANK for clients ranging from solo company owners to groups opening a regional branch, so we know which sub-activities to list.

How RAKBANK works with GoldenKey

1. 
   Step 1

   Profile review

   GoldenKey studies your licence, activity, ownership and expected turnover to judge whether RAKBANK is the right match before any form is filled. This is also the point at which we answer any question specific to a RAKBANK account for a cleaning and facilities company.

2. 
   Step 2

   Document pack

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

3. 
   Step 3

   Introduction and meeting

   We arrange the meeting with a RAKBANK relationship manager and sit alongside you to answer compliance questions. Your portal shows the status of this step for a RAKBANK account for a cleaning and facilities company in real time.

4. 
   Step 4

   Compliance and activation

   RAKBANK's compliance team reviews the file, raises any follow-up questions (which we help answer) and activates the account on approval.

Documents required

For a RAKBANK account for a cleaning and facilities company the authority asks for the following documents, and we tell you exactly how each must be formatted.

• Proof of residential address for each signatory
• Personal or corporate bank statements for the last three to six months
• 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
• Trade licence, certificate of incorporation and memorandum of association

Pricing

As we tell every client, pricing for a RAKBANK account for a cleaning and facilities company depends on the package you choose; every option below includes GoldenKey's service and the government fees stated. From day one, use the table below to compare packages for a RAKBANK account for a cleaning and facilities company; we will confirm the exact total for your case in a written quotation.

Why the UAE

There are no restrictions on repatriating profits or capital, so earnings from a RAKBANK account for a cleaning and facilities company can be moved to your home country or reinvested freely. Banking, logistics, telecoms and digital government services in the UAE are among the most advanced in the region, which keeps the running costs of a RAKBANK account for a cleaning and facilities company predictable.

Why GoldenKey

Day to day, after your RAKBANK licence is issued, the same team handles renewals, visa additions, amendments and tax registrations, so you never have to explain your business twice. We speak the languages our clients speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for a RAKBANK account for a cleaning and facilities company. GoldenKey is based in Ajman Free Zone and has helped company owners from more than 60 countries with a RAKBANK account for a cleaning and facilities company, so the paperwork, approvals and timing hold no surprises for us.

Frequently asked questions