Bank Account Opening

General documents needed for opening a company bank account include:

• 1Business Registration Certificate (BR) and Certificate of Incorporation (CI) for limited companies
• 2Business Registration Certificate (BR) and Business Registration Office's Extract of Information (FORM 1(a)/FORM 1(c)) for unlimited companies
• 3Identification and proof of address for shareholders, directors, and all authorized signatories
• 4Company background (including source of funds), industry experience, and business purposes
• 5Company structure, including holding companies or subsidiaries if applicable
• 6Business proof documents such as invoices, purchase orders, shipping documents, leases, contracts
• 7Recent financial audit report (for limited companies, if available)
• 8Business plan (for new businesses)
• 9Company website or product information (especially for e-commerce)