Page: Bank Guarantee

UAE Corporate Tax assists in providing Bank Guarantees to its customers as a promise under which we will meet a debtor’s liabilities in a situation where a person is not able to fulfill the contractual obligations between the beneficiary and the applicant. This will provide comfort to the beneficiary and will resort to the guarantee for payment.

Bank Guarantee will enable you to grow by expanding your business and bidding on the transactions. It is a versatile tool that can be utilized for numerous instruments like a performance bond, a bid bond, an advanced payment guarantee, a payment guarantee, a letter of indemnity, etc.