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# Local Bank: Company Account Opening Requirements

To complete the company account opening process with a **local bank**, please prepare the following documents and information.

# Company Documents

* **Updated Commercial Registration (CR)**
* **Articles of Association / Incorporation (AOA)**
* **Company National Address**
* **VAT Certificate** showing the **15-digit VAT number**, or a **Tax Exemption Certificate**, if applicable

# Ownership & Management Documents

* **Commercial Registration and Articles of Association for corporate shareholders**, where required to verify direct or indirect ownership
* **Copies of IDs of Board Members**
* **Copies of IDs of Authorized Signatories**, signed with a **wet signature**

# Authorized Signatory Information

Please provide the following for the Authorized Signatory:
* **Mobile number registered in Absher**
* **Email address**

# Financial Information

Please provide an approximate figure for each of the following:
* **Net Worth**
* **Total Assets**
* **Annual Revenue**

# Additional Documents – If Applicable

Depending on the company’s legal structure, ownership, and business activity, additional documents may be requested, such as:

* **Board Resolution**
* **Company Bylaws**
* **Special or Regulatory License**, if required for the company’s activity
* Additional documents required to verify **direct or indirect ownership, management, or signing authority**

|| Note: Additional documents or information may be requested during the local bank’s compliance and account-opening review.