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Documents Required for Onboarding

Updated over a week ago

To complete your onboarding with Alaan in the UAE, we require the following documents. These requirements are set in accordance with the screening process mandated by our partners regulated by the Central Bank of the United Arab Emirates (CBUAE).

1. Trade License

  • Provide a valid Trade License.

  • Ensure the submission includes all pages, covering:

    • Business activities

    • Names of all partners

    • Names of all managers

2. Memorandum and Articles of Association (MOA & AOA)

  • Submit the complete Memorandum and Articles of Association, including:

    • All amendments to date

    • Details that match the Trade License (partners and managers)

3. Bank Reference

  • Provide a Bank Reference Letter (IBAN Letter) issued within the last 3 months.

  • If a Bank Reference Letter is unavailable, a PDF bank statement of your corporate account for the most recent month is acceptable.

4. Ownership Structure

  • Present a full breakdown of ownership for all individuals or entities holding more than 10% of the company either presented on company trade license, memorandum of articles or incumbency certificates.

  • If providing a signed org chart, then Include:

    • All layers of ownership (direct and indirect)

    • Names and details of all relevant entities and individuals

    • Org chart must be signed by a company director/signatory

5. Identification Documents

  • For Directors:

    • National ID for each director (if UAE resident)

    • Passport (if not a UAE resident)

  • For Shareholders (>10% ownership):

    • National ID for each shareholder (if UAE resident)

    • Passport (if not a UAE resident)

  • All documents must be clear, legible, and up to date.

  • If any documents are in a language other than English or Arabic, please provide a certified translation.

  • Incomplete or outdated submissions may delay your onboarding process.

If you have any questions or need further clarification, please contact our onboarding team at [email protected].

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