At Essa Finance, we understand that businesses need tailored financial solutions that support their unique operations. Our Business Accounts are designed to provide the financial infrastructure your company requires, whether you’re a sole establishment, LLC, or a partnership. We streamline the account opening process, making it hassle-free for our valued customers.
A business account is the backbone of any company’s financial management. It serves as a hub for handling cash balances, managing outstanding payments, and facilitating employee payroll. However, the account opening process at many institutions can often be complicated and tedious. At Essa Finance, we aim to provide expert guidance and make this process a seamless experience for our business customers. We offer Business Accounts suitable for both listed and non-listed companies.
To open a Business Account with Essa Finance, your business must meet certain eligibility criteria, which may include:
Company Age: Your company should be a minimum of 1 year old.
Business Setup: You should have a legally established business entity.
Active Company Account: You must have an active company account with a bank.
Initiating the process of opening a Business Account with Essa Finance is straightforward. We’ll guide you through the process, and you will typically need to provide the following mandatory documents and information:
Valid Copy of Passport, Resident Visa, and Emirates ID of All Partners: Proof of the identity and residence status of the company’s partners, if applicable.
Trade License: Documentation confirming your business’s legal status.
MOA (Memorandum of Association) or AOA (Articles of Association): Legal documents that outline the company’s structure and governance.
6 Months Bank Statement of the Company Account: A record of your company’s financial transactions for the past six months.
Tenancy Contract: Documentation confirming the physical location of your business.
3-5 Sales and Purchase Vouchers: Records of your company’s sales and purchases.
Essa Finance’s Business Accounts are designed to support companies of all sizes and types. Whether you’re a small startup or an established enterprise, we have the right account to meet your financial management needs. With a streamlined account opening process, you can focus on growing your business while we take care of your financial infrastructure. Explore our range of Business Accounts and experience hassle-free financial management tailored to your success. Your business’s financial well-being is our top priority.
Step into a world of financial empowerment with Essa Finance. We are your passport to financial excellence, offering a unique blend of financial acumen and unwavering dedication to safeguard your financial interests.”
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