AMAFHH Business Help Center

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Help Center2025-10-31T06:26:37+00:00

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Call us for inquiry : Monday to Saturday : 9 am – 5 pm

+971 50 195 0317 | +971 55 997 7886

+971 50 195 0317 | +971 55 997 7886

frequently asked questions

Can I open a joint Personal Current Account in the UAE, and what are the requirements?2025-10-31T06:00:11+00:00

Yes, joint accounts are available. Both applicants must typically be UAE residents, meet the minimum salary/balance requirements for the account, and both must be physically present with their original Emirates ID and passport to sign the application.

What process should I follow if I lose my debit card or suspect fraudulent activity?2025-10-31T06:00:17+00:00

You must immediately contact your bank’s 24/7 customer service hotline or use the mobile app to block or ‘freeze’ your card instantly to prevent unauthorized use. The bank will then guide you through issuing a replacement card.

Does having an existing credit card or loan impact my eligibility for a new Personal Loan?2025-10-31T06:00:23+00:00

Yes, it does. All existing debt is included in the Debt Burden Ratio (DBR) calculation, which is legally capped at 50% of your gross monthly income. If your current debt payments are already close to this limit, your eligibility for a new loan will be severely restricted.

Are there minimum service or employment tenure requirements to qualify for a Personal Loan?2025-10-31T06:00:32+00:00

Yes. Most banks require you to have completed a minimum tenure with your current employer, typically ranging from 3 to 6 months of service. Some may also require a minimum period of residency in the UAE.

How quickly can the POS system be installed and made operational for a new business?2025-10-31T06:00:39+00:00

The installation timeline varies, but typically, a cloud-based software setup can be done remotely within 24 to 48 hours. Full hardware setup, local installation, and staff training usually take between 3 to 7 business days, depending on the number of terminals and the complexity of your business model.

Is the POS system compatible with the UAE’s Wage Protection System (WPS) for staff payroll?2025-10-31T06:00:47+00:00

While the POS system handles sales and inventory, many of our integrated software solutions are compatible with dedicated WPS payroll providers. This feature allows for the generation of payroll reports that can be easily uploaded to meet the UAE Central Bank’s mandate for employee salary transfers.

What specific outcomes should I expect from a Feasibility Study for a new project or market entry?2025-10-31T05:56:40+00:00

A feasibility study will provide a clear assessment of the projected Return on Investment (ROI), a financial model with projected cash flows and profitability, and a sensitivity analysis to outline financial risks. This enables you to make a data-driven capital budgeting decision

Do your consultation services cover compliance with the new UAE Corporate Tax (CT) regulations?2025-10-31T05:56:34+00:00

Yes. Our services provide proactive advisory to help you determine your tax structure, assess if your Free Zone entity qualifies for the 0% rate, and ensure your financial statements meet the requirements of the Federal Tax Authority (FTA)

For loan, what alternatives are available for a new startup that does not meet minimum business age requirement?2025-10-31T06:12:01+00:00

Startups (less than a year old) can explore specialized financing alternatives, such as Merchant Loans (based on card receivables), Invoice Factoring/Financing, or Government-backed SME Funds/Incubator Financing.

What are the initial operational requirements before my business can apply for a traditional bank loan?2025-10-31T05:56:23+00:00

To be eligible for a standard bank loan, your business must generally have a minimum operational history of 1 to 2 years in the UAE and a required minimum annual sales turnover, usually starting at AED 1 Million.

Which specific government initiatives are available to support financing for SMEs?2025-10-31T05:56:18+00:00

The UAE government has several key initiatives, including the Emirates Development Bank (EDB) which offers financing schemes, the Khalifa Fund for Enterprise Development, and the Dubai SME for funding and mentorship.

What is the typical penalty charged if my business fails to maintain the minimum average balance?2025-10-31T05:56:14+00:00

Failure to maintain the stipulated minimum monthly average balance (which can range from AED 10,000 to AED 50,000 ) usually results in a monthly penalty fee, which is often around AED 250.

Leadership – Expertise – Excellence

Our Team Of Experts

Our dedicated professionals combine experience, insight, and innovation to deliver
exceptional financial solutions and strategic support for your business success.

Salim Khan Dalwai

Founder & CEO

Salim Khan Dalwai
Suhaib Jawrawala

Manager

Suhaib Jawrawala
Shilpa Tuli

Sales Advisor

Shilpa Tuli
Sameen Malik

Sales Advisor

Sameen Malik
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