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Services/Compliance and BankingAREA 09 OF 09

CORPORATE COMPLIANCE AND BANKING

The company, its licence and its bank.

Formation, amendments, licence renewals, UBO filings, restructuring, and the banking documentation behind an account.

How to set up a company in Dubai for foreigners is the first question, and the harder one comes next: opening the bank account and keeping the licence and filings current. Both sit in this area, alongside the accounting that the bank will eventually ask to see.

Book a Consultation →What is included

deliverables in this area

stages from start to steady state

named accountant on your file

WHAT IS INCLUDED

Eleven deliverables, from formation to source of funds.

Banking work draws on the same books Finsync maintains, which is what makes KYC and source-of-funds requests answerable.

◆Mainland and free-zone company formation

◆Corporate amendments

◆Licence renewal support

◆UBO and compliance support

◆Corporate restructuring

◆Liquidation and deregistration

◆Succession support

◆Bank account opening assistance

◆Banking documentation

◆Bank KYC and RFI support

◆Source-of-funds and supporting-document assistance

HOW IT RUNS

Form, bank, maintain, change.

Formation is a few weeks. Maintenance is every year, and it is where licences lapse and filings slip.

Form

Mainland or free-zone company formation, with the structure chosen against how the business will operate.

Bank

Bank account opening assistance, banking documentation, KYC and RFI support, and source-of-funds assistance.

Maintain

Licence renewal support, UBO and compliance support, and corporate amendments as details change.

Change

Corporate restructuring, succession support, and liquidation or deregistration when an entity closes.

WITHOUT IT

—Licence renewals remembered at the last minute

—UBO filings out of date

—Bank RFIs answered from scratch each time

—Source-of-funds requests met with a scramble

WITH FINSYNC

◆Renewals and filings tracked against the entity

◆UBO and compliance support kept current

◆RFI responses drawn from maintained records

◆Source-of-funds documentation prepared properly

COMMON QUESTIONS

Compliance and banking, answered briefly.

Answered briefly here. A consultation covers the detail for your own structure and period.

Choose between a mainland or free-zone structure, reserve the trade name and licence activity, then complete formation, UBO filings and licence issue. Finsync handles formation, corporate amendments and licence renewal support, and assists with bank account opening once the company exists.

WORKS WITH

Most files need two or three areas at once.

These are the areas this work usually runs alongside. One team covers all nine, so the work moves between them without moving between firms.

08International Tax and Corporate StructuringHolding structures, restructuring and cross-border considerations.Open the page →01Corporate Tax and Transfer PricingRegistration, deregistration and Free Zone assessments.Open the page →04Accounting and Financial ReportingThe books and statements banks and registries ask for.Open the page →

Book a Consultation →Back to all nine services

ACCOUNTANTS AND CONSULTANTS

SERVICES

Corporate Tax and Transfer Pricing VAT and Indirect Tax E-Invoicing Setup and Implementation Accounting and Financial Reporting Audit and Assurance Support

CFO and Finance Advisory Finance Systems and ERP International Tax and Corporate Structuring Corporate Compliance and Banking

FINSYNC

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