Q: I have registered a company in SHAMS. I have no UAE clients. Can the USA company transfer payment to my personal account in Dubai? A: As long as you have an invoice, proof from where the money is coming and for what purpose, you can receive the money in your personal bank account…

Sharjah, UAE

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Can I receive money from my USA company on my UAE company account?

I have registered a company in SHAMS. I am the sole owner. I have no UAE clients.

I only work for a USA company as a supplier. It's all online work.

Can the USA company transfer payment to my personal account in Dubai?

The bank has agreed to it. It's a big amount, so I want to make sure I am not breaking any law.

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Shamsa Albedwawi Advocates & Legal Consultants

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10 Feb 2022, 09:30

Hi.

As long as you have an invoice, proof from where the money is coming and for what purpose, you can receive the money in your personal bank account.

If you need any other advice, kindly contact us by email.

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