National Address Activation for Companies and Providing Virtual Address
National Address Activation is a vital, mandatory step after company formation, essential for finalizing all government services. We emphasize the importance of the National Address for bank account opening for the entity. Motaded Limited Company also offers a flexible Virtual Address option for investors.
We offer a comprehensive service for registering and activating the company's National Address and that of its executive personnel, ensuring compliance with government services requirements. The National Address is the most critical procedural requirement for bank account opening for the company, and is also very necessary for bank account opening for the investor or General Manager. Motaded Limited Company provides a Virtual Address service as a flexible solution for entities that do not require a permanent physical office after company formation.
Target Group
All establishments and companies that have completed company formation, specifically those needing bank account opening for the entity, the General Manager, or the investor, and those benefiting from the Virtual Address service from Motaded Limited Company.
Service Channels
Via the National Address platform (Sabeel), where the address is linked to the Commercial Registration (CR), with the Virtual Address provided in cooperation with Motaded Limited Company when required for bank account opening.
Language Provided
The National Address Activation and all related services are primarily provided in Arabic, alongside comprehensive explanations of the importance of the National Address for bank account opening in English for foreign investors undertaking company formation.
1. Activate the National Address for the establishment as quickly as possible, ensuring the fulfillment of the primary requirement for commercial bank account opening, and facilitating the completion of subsequent government services efficiently.
2. Provide a Virtual Address for newly formed establishments via Motaded Limited Company, as a flexible and legal solution that enables bank account opening without the need to lease a large physical premises.
3. Ensure the correct and registered National Address is used for the bank account opening of the investor or General Manager, as banks require this procedure to authenticate the data of executive leadership for compliance.
1. Manage the National Address Activation process for the establishment and key personnel, resolving any linkage issues between the National Address, the Commercial Registration, or any other government services required.
2. Provide the legal Virtual Address service through Motaded Limited Company, ensuring its acceptance by banks and government institutions as a core requirement for bank account opening and company formation.
3. Ensure the bank account opening requirements for the establishment and the General Manager are complete, verifying the accuracy of the registered National Address data before applying for any official government services.
- 1. What procedure qualifies you for bank account opening after company formation?
Answer: National Address Activation is the first mandatory requirement for commercial bank account opening, and the National Address must match the address registered in the Commercial Registration and other government services.
- 2. Is the Virtual Address provided by Motaded Limited Company accepted for bank account opening?
Answer: Yes, the Virtual Address provided by Motaded Limited Company is a legal solution accepted by local banks, and can be used as the official National Address for the establishment effectively.
- 3. Why do banks require the National Address for the General Manager or investor personally?
Answer: Banks require the National Address for the bank account opening of the investor or General Manager for authentication and compliance with anti-money laundering (AML) requirements, ensuring the integrity of executive leadership data.
