Trading company
UAE · Dubai A trading company for supplies from China to Central Asia
The client shipped household appliances from China to Kazakhstan and Uzbekistan, with payments going through several intermediaries. Paying a supplier could take up to two weeks, and fees were eating into the margin.
Solution We chose an IFZA commercial licence with trading activities, registered the company and arranged the owner's visa. We prepared a compliance pack with supplier contracts and opened two accounts: a main account and a payment account for settlements in yuan.
5 days to licence issuance
2 accounts opened
❝ The most tedious part was verifying every supplier: the bank wanted six months of contracts and invoices. But now we pay the factories directly, with no chain of middlemen. The first payment arrived in two days.
TA
Timur A. Co-owner, distribution company