Overview Company Trade License
The Free Zone Company Trade License is obtained with the letter of the corporate bank stating the arrival of the required company capital. It's one of the last steps in the Free Zone Company setup process.
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The letter from the corporate bank states the amount, where the company capital came from in who's name. Details on this letter have to be correct to prevent delays in releasing the Trade License.
The letter of the corporate bank is usually issued to the manger of the Free Zone Company in person. If there are any errors in this letter, make sure it is corrected on the spot before heading of for the office of the Free Trade Zone.
What do you need to obtain the company trade license?
Original letter from the corporate bank stating the arrival of the required company capital. Checking the source of the money is an important step in the process at the bank.
For the obvious reasons a cash deposit (as with a bank cheque or plain cash) will not be accepted.
The Free Zone Company checks the letter from the corporate bank, stating company capital is there. The Free Trade Zone issue's the Free Zone Company Trade License when everything is correct.
Duration: 1 week
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Free Zone Company Trade License documents issued by the Free Trade Zone:
- Trade License
- Share Certificates