Step 10 - Opening bank account

A resolution must be mandatorily signed by all the partners which clearly mentions the operating method and the name of signing authority(s).Such a resolution is attested by the competent chamber of commerce.

All partner(s) must report together with original passport and Qatar ID. Company documents including CR, LLC Agreement, Municipal Licences, Computer Card, Company Seal and Attested Resolution are required for opening the bank account.

Once a bank account is opened the capital amount mentioned in the LLC must be deposited in the bank.

Obtain a letter from the bank regarding the deposit and submit it to the licensing authority.

Opening bank account & capital deposit