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Shilpa Sharma
@shilpa
Trusted Member
Joined: Jul 9, 2026
Last seen: Aug 31, 2026
Topics: 0 / Replies: 65
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RE: Can I renew only the trade license and operate the business without renewing the establishment card, if there are no visas under the company?

I’m Shilpa from DhanGuard Consultancy. This is something many business owners ask when they're trying to reduce annual renewal costs. The short answ...

2 months ago
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Answer to: Can a freezone company set up a special purpose vehicle?

Hi Michael, I'm Shilpa Sharma, and yes, a UAE Free Zone company can set up a Special Purpose Vehicle (SPV). The SPV is established as a separate leg...

2 months ago
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Answer to: Can a freezone company register an SPV?

Hi Daniel, I'm Shilpa Sharma, and this is a great question because many investors confuse an SPV with a regular operating company. The answer is y...

2 months ago
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Answer to: Can I open an account as an offshore company owned by a non-resident?

Hi Michael, Yes, it's possible to open a UAE business bank account for an offshore company even if you're a non-resident. However, compared to mainl...

2 months ago
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UAE
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Answer to: Do banks treat GCC nationals differently from other nationalities?

Hi! I'm Shilpa from the Banking Team at DhanGuard. Yes, in many situations, GCC nationals enjoy certain banking advantages compared to applicants fr...

2 months ago
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UAE
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Answer to: Does my nationality affect which Free Zone I should pick for easier banking?

Hi Carlos The honest answer is yes, to some extent. Your nationality itself doesn't determine whether you can open a business bank account, but it c...

2 months ago
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UAE
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Answer to: Can dual nationals use either passport for account opening?

Hi Maria This is a great question, and the answer depends on whether you're applying as a UAE resident or a non-resident for a business bank account...

2 months ago
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UAE
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Answer to: US citizen with UAE company — does FATCA make banking harder?

Hi David, I'm Shilpa from the Banking Team at DhanGuard. The short answer is yes, but it doesn't mean you can't open a UAE business bank account. FA...

3 months ago
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UAE
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Answer to: Are Indian nationals facing extra scrutiny opening business accounts?

Hi Rahul, This is one of the most common concerns I hear from entrepreneurs, and the simple answer is no. UAE banks do not apply additional scrutiny s...

3 months ago
Forum
UAE
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Answer to: Can a non-resident open a UAE business account without visiting in person?

Hi, I'm Shilpa from the Banking Team at DhanGuard. Yes, it's possible in certain cases, but it depends on the bank you choose and your company structu...

3 months ago
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UAE
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Answer to: Bank flagged a legitimate transaction as suspicious — how to resolve?

Hi, I'm Shilpa from the Banking Team at DhanGuard. Situations like this are more common than many business owners expect. Banks use automated monitori...

3 months ago
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UAE
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Answer to: Wrong beneficiary details on a wire transfer — can it be reversed?

Hi, I'm Shilpa from the Banking Team at DhanGuard. The good news is that a mistaken wire transfer can sometimes be recovered, but the outcome depends ...

3 months ago
Forum
UAE
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Answer to: Bank closed my account with 30 days notice — is this common?

Hi, I'm Shilpa from the Banking Team at DhanGuard. Receiving a notice like this can be unsettling, but it isn't unheard of. Banks periodically review ...

3 months ago
Forum
UAE
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Answer to: Getting charged dormant account fees — account was never really dormant

Hi, I'm Shilpa from the Banking Team at DhanGuard. This situation is more common than many people think. Sometimes an account is mistakenly classified...

3 months ago
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UAE
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Answer to: Transaction on hold for "compliance review" — how long does this take?

Hi, I'm Shilpa, part of the Banking Team at DhanGuard. This is one of the most common questions we receive from business owners, and in most cases, a ...

3 months ago
Forum
UAE
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