Yes, with a Power of Attorney (POA), someone with a valid UAE residence visa can open and manage the company’s bank account, even if their visa isn’t tied to that business. The POA needs to be given by the company manager. This might not apply to all banks in the UAE.

Leave a Reply

Your email address will not be published. Required fields are marked *

Trading & Commerce

Professional Services

Creative & Media

Technology & IT

Others

Dubai Free Zone

MEYDAN

IFZA

Sharjah Free Zone

SPC

SHAMS

SRTIP

RAK Free Zone

RAKEZ

Residency Visa

Banking & Payment Solutions

UAE Address Solutions

Accounting & Taxation

Legal Protection

Branding & Marketing