7.2. Opening a Corporate Bank Account

To open a corporate current account, a registered company must submit its Certificate of Incorporation, Board Resolution, Trade License, e-TIN, and passport copies of the authorized signatories. Under the new Section 4(3) of the VAT Act, banks are strictly barred from opening or maintaining any commercial bank account without a verified, active 13-digit Business Identification Number (e-BIN) from the NBR.