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Dubai, UAE

How can I receive money from my overseas partner to start a business in the UAE?

Hi,

I am currently working for a company (Resident) and planning to start my online business here in the UAE - Dubai. I am planning to have nearly 15000 USD as capital from my overseas partner/friend.

I need advice on how would the procedures be to receive the money and not forgetting that I have to send this back in parts with some interest.

Nasser Yousuf AlKhamis Advocates & Legal Consultants
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7 Jun 2023, 12:40

Hi,

Keeping in my mind that now the money laundering laws have become very strict in the UAE, we will be able to advise you in a better manner after consultation via Zoom or a meeting in person to help you with the entire procedures and documentation.

You can contact us by phone.

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Mohamed Bakheet Advocates & Legal Consultants
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7 Jun 2023, 19:33

He can send it to any bank account for any company here in the UAE.

7 Jun 2023, 19:34

We can receive it with one of our lawyer's bank accounts with a 5% commission.

Contact us on the phone if you are interested.

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KHE Legal Consultancy
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8 Jun 2023, 05:04

You can receive the money by issuing any guarantee of assurance to your friend.

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