Questions & Answers
Receiving money into a UAE bank account while the business is in the USA
Hi!
I have a question about receiving money from a US business to a local UAE bank account.
I sell products in the United States and I want to receive my income to UAE, do I need to have a work visa?
Note: I don't sell in the UAE.
Dear questioner,
In case your company is not established in the UAE, then you cannot receive the funds into a UAE bank account. In order to receive the funds into a UAE bank account, you have to open a branch of your current company, here in the UAE, or to establish a new company.
In case you are interested in opening a branch of a foreign company or establishing a new UAE company, please feel free to approach me via email and we can discuss your options.
Best Regards,
Raluca Gatina
Dear questioner,
You don't need a work permit in UAE, but you will have to show supporting documents for your bank if needed regarding the source of income.
Best Regards,
Mohamed Noureldin
Legal Consultant (Licensed in Dubai)
As long as you are not conducting business in or from the UAE, you would not typically need a license from the UAE.
