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Turner Little - Company Formation Agents
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UK Ltd with emi bank account

Ldt. in UK for EU - HQ in UAE as F.Z.E

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0ecomoff

New member
Hi,

I have an F.Z.E from the UAE and live there. I have some retail customers in the EU and often times they don't trust the F.Z.E.

Is it a good choice to go for a Ldt. from the UK as a subsidiary? If yes, can someone point me to the direction where I can get it done professionally with UK registered office (found one for 149 GBP)?
 
Hi 0ecomoff,

You can't go wrong with a UK LTD when it comes to EU customers, I got mine done with 1st formations. Their prestige package is at a discount at the moment and it costs £69.99 and you get a registered office with it. If you have any questions about the sign-up process, let me know and I'll get back to you asap.
 

CaptK

Nominee Company Bank Account Real Estate Passport
Mentor Group Gold
Hi,

I have an F.Z.E from the UAE and live there. I have some retail customers in the EU and often times they don't trust the F.Z.E.

Is it a good choice to go for a Ldt. from the UK as a subsidiary? If yes, can someone point me to the direction where I can get it done professionally with UK registered office (found one for 149 GBP)?
How do you take payment?
 

0ecomoff

New member
Hi 0ecomoff,

You can't go wrong with a UK LTD when it comes to EU customers, I got mine done with 1st formations. Their prestige package is at a discount at the moment and it costs £69.99 and you get a registered office with it. If you have any questions about the sign-up process, let me know and I'll get back to you asap.
Thanks, I will bookmark it.
How do you take payment?
So far with my bank accounts from my home country. I really need to get a bank account at the UAE, but it seems to be not that easy with the freelance package.
 

0ecomoff

New member
Apply to mashreq neo biz bank account. if you have DEWA bill then they should accept you.
I already applied for NEO but can not get an account and password remotely. I will be in the UAE again in 2-3 weeks and will take care of everything. Thanks for your advice about the DEWA bill.
 

Fred

Dubai Expat
Mentor Group Gold
Commercial Service
I already applied for NEO but can not get an account and password remotely. I will be in the UAE again in 2-3 weeks and will take care of everything. Thanks for your advice about the DEWA bill.
If you are not able to get a DEWA bill or it's simple not worth it for you to rent a private flat the whole year - let me know I can mention you few banks that are still open without private flat in UAE.

For your initial question go with an UK LLP instead of the Ltd. - you can form the UK LLP with your FZE as one partner and the other partner is yourself.
 

IBO Panama

New member
If you are not able to get a DEWA bill or it's simple not worth it for you to rent a private flat the whole year - let me know I can mention you few banks that are still open without private flat in UAE.

For your initial question go with an UK LLP instead of the Ltd. - you can form the UK LLP with your FZE as one partner and the other partner is yourself.
I did this but i was not able to open any UK bank account as non resident LLP.
Do you have any answer to this solution?
By the way I have contacted DLS but didn't get an answer.
 

CaptK

Nominee Company Bank Account Real Estate Passport
Mentor Group Gold
I did this but i was not able to open any UK bank account as non resident LLP.
Do you have any answer to this solution?
By the way I have contacted DLS but didn't get an answer.
Bankera do open for LLP's with directors or companies in different jurisdictions but it's not guaranteed.
 

Fred

Dubai Expat
Mentor Group Gold
Commercial Service
I did this but i was not able to open any UK bank account as non resident LLP.
Do you have any answer to this solution?
By the way I have contacted DLS but didn't get an answer.
Payoneer is best for classic e-commerce and receiving money from merchants like PayPal and Stripe. Payoneer accept non resident LLP.

As you get local UK bank details you can withdraw very easy from UK PayPal because they want to see local UK bank details for withdraws so Lithuania EMI that provide EUR IBAN don't work.

Send you PM.
 

IBO Panama

New member
As you get local UK bank details you can withdraw very easy from UK PayPal because they want to see local UK bank details for withdraws so Lithuania EMI that provide EUR IBAN don't work.
Hi thanks for your generous answer but i just checked now they don't have option for LLP, but i see partnership.
Can i put it as partnership?
 

Fred

Dubai Expat
Mentor Group Gold
Commercial Service
Hi thanks for your generous answer but i just checked now they don't have option for LLP, but i see partnership.
Can i put it as partnership?
Exactly it's just a general form thing of payoneer based on the US entity forms they will approve you straight away and if you only receive money from merchants never ask any questions.
 
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