For lawyers
EN
EN
Home
Free advice
Lawyers
Paid services
Self help
For lawyers
How it works
More

Questions & Answers

Ask a lawyer
Post Related Glossary Notes
All cities, UAE

Providing consulting services to companies abroad and receiving money in the UAE

Hello,

I'm a resident in the UAE and sometimes I perform consulting services for companies abroad.

Do I need to sign a contract between myself as an individual and the foreign company to get money for services to my personal bank account in the UAE?

A company has already paid me for services. What documents do I need for the UAE bank?

Jun 2, 2021
English • Arabic
Hayyan Khan
Avrio Legal Group
Chat
Hire
Meet
2 Jun 2021, 20:04

Hello,

Receiving payments beyond a certain amount will result in the bank investigating the source and purpose of funds.

Therefore, we recommend not only issuing contracts but also looking into the possibility of obtaining a business license.

For further information, please contact us via email.

Was this content helpful?
Fixed-fee services
4 4 available services •  View all
Related Q&As
4 available 4
Transferring money from the US LLC company to the personal Emirati account
Avatar
Mar 6, 2021
Transferring business money from online to private account
Avatar
Avatar
Nov 4, 2019
KYC: Why banks ask for your local sponsor documents to open a business account?
Avatar
May 31, 2017
How to transfer funds from a bank account in Dubai to Canada?
Avatar
Mar 17, 2022
Related articles
2 available 2
An Overview of the Legal Framework for Entrepreneurs in the UAE
An Overview of the Legal Framework for Entrepreneurs in the UAE
Mar 14, 2017
100% Foreign Ownership of Companies in the UAE
100% Foreign Ownership of Companies in the UAE
Jun 13, 2021
Related laws
4 available 4
Federal Law No. (2) of 2015 On Commercial Companies
Mar 25, 2015
Federal Law No. (18) of 1993 Issuing the Commercial Transactions Law
Sep 7, 1993
Federal Law No. (4) of 2002 On the Incrimination of Money Laundering
Jan 22, 2002
Federal Law No. (5) of 1985 On the Civil Transactions Law of the United Arab Emirates
Dec 15, 1985
Get quotes from lawyers
Find the right lawyer for your legal needs. Submit your request and get multiple competitive offers from qualified lawyers.
Get quotes
Popular Q&A
View all
1
How long does it take to get UAE employment visa after I accepted a job offer?
2
Consequences of leaving the UAE without proper cancellation of employment visa
3
Employment offer letter and work permit in the UAE
Looking for something else?
Ask for advice from a lawyer
It’s free and anonymous
No registration needed
Ask a lawyer