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Hemant Katyal
@hemant-katyal
Eminent Member
Joined: Jul 27, 2026
Last seen: Aug 20, 2026
Topics: 0 / Replies: 29
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Answer to: What is mainland company formation in Dubai, and what are the key steps involved in the process?

Hi Matteo, This is one of the most important questions to understand before starting a business in Dubai. A mainland company formation in Dubai re...

3 weeks ago
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Answer to: What is involved in mainland company formation in Dubai?

Hi Eduardo, I'm Hemant Katyal, and this is a great question because many entrepreneurs assume company formation is just about getting a trade licenc...

3 weeks ago
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Answer to: Why is my SWIFT transfer to my UAE business bank account taking so long to arrive?

Hi Lars, This is one of the most common concerns I hear from business owners involved in international trade. In most cases, a SWIFT transfer isn't ...

3 weeks ago
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UAE
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Answer to: How can I open a multi-currency business bank account in the UAE?

Hi Zubair, If your business deals with international clients or suppliers, a multi-currency business account is one of the smartest banking decision...

3 weeks ago
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UAE
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Answer to: Bank wants to close my account due to "risk appetite" — can I contest this?

Banks in the UAE have the right to review their client portfolio and change their internal risk policies over time. So, if a bank decides that your bu...

3 weeks ago
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UAE
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Answer to: How to get a refund for wrongly charged fees in Dubai?

Hi Andrew, I'm Hemant Katyal, and one thing I'd always recommend is acting as soon as you notice an incorrect charge. The sooner you raise the issue...

3 weeks ago
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UAE
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Answer to: Dropshipping business — banks keep flagging my transactions, why?

Hi Daniel, This is one of the most common challenges faced by dropshipping businesses. The issue usually isn't that banks dislike dropshipping, it...

4 weeks ago
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UAE
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Answer to: Consulting business — is banking easier compared to trading companies?

Hi Sarah, In most cases, yes. Consulting businesses generally have a smoother banking experience than trading companies because the nature of their ...

4 weeks ago
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UAE
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Answer to: Import/export company — best bank for trade finance and LCs?

Hi David, If trade finance is going to be the backbone of your business, choosing the right banking partner from the beginning is extremely importan...

4 weeks ago
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UAE
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Answer to: Does a criminal record check get done during KYC for foreign owners?

Hi Ahmed, This is a common question, especially among foreign investors. In most cases, the answer is no. UAE banks do not normally ask for a poli...

4 weeks ago
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UAE
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Answer to: Bangladeshi business owners — experiences opening UAE business accounts?

Hi Rahman, I understand why you're asking this, as it's something many entrepreneurs are concerned about before starting their business in the UAE. ...

4 weeks ago
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UAE
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Answer to: Are there restrictions for Iranian-owned businesses opening accounts?

Hi Reza Yes, Iranian-owned businesses generally face a more detailed banking review in the UAE. While it is possible to register a company and apply...

4 weeks ago
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UAE
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Answer to: Israeli passport holders — can they open business accounts in UAE?

Hi Daniel Yes, Israeli passport holders can open business bank accounts in the UAE, provided the company is legally established and all regulatory r...

4 weeks ago
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UAE
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Answer to: Does having a UAE Golden Visa help with account approval odds?

Hi Shreeja, I'm Hemant Katyal, Founder of DhanGuard. Yes, in most cases, holding a UAE Golden Visa does improve your chances during the bank account...

4 weeks ago
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UAE
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