The lead intention is to open a bank account on airline name in Abu Dhabi. As they operate flights to AUH, They will have deposit of sales and need to do local payments and transfer funds outside UAE. Is it possible to open bank account without any office in UAE as we are operating through general sales agent. If not, please advise requirements and the details of all costs and required documents.
Bank account in the name of Airline company in Abu Dhabi will require
1) Airline Branch company setup in Abu dhabi (LOCAL LLC COMPANY)
2) external approvals from civil aviation & IATA to setup a company
3) Office of 250 sqft is mandatory to setup a local company
4) Manager experience of minimum 4-5yrs with degree
required documents are the standard and cost will be updated shortly in Varal manual