FOR SALE: Petroleum Company – Dubai
Established: 1964
Activities: 38 licensed (Oil trading, field development, services)
Bank Account: VVIP multi-currency (AED / EUR / USD)
Capital: AED 1 Billion (officially registered)
Status: No liabilities – Clean credit report
Ownership: 100% for all nationalities
Ready: No staff – Immediate transfer & operation
Eligible: Golden Visa, LC/SBLC in 24h, bank financing
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Includes:
Commercial license (all activities)
Active bank accounts
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Price: AED 6,000,000
1. Is the AED 1B capital fully paid up or only registered capital?
Answer: Registered
2. Can you provide the Memorandum of Association (MOA) showing the capital structure?
Answer: possible to show all original documents only after the initial deposit payment to the lawyers office
3. Are there audited financial statements for the last 3–5 years?
Answer: The company was closed from a while but can provide financial statements for the period of operations
4. Has the company conducted any actual oil trading transactions recently?
Answer: recently no
5. Can they provide a UAE credit report? (from Al Etihad Credit Bureau)
Answer: Yes, can provide along with the credit report also Court report and all other reports that the company is super clean and reliable with no issues or any obligations
Additional Information:
The company does not have any assets but the bank accounts are valid with VVIP benefits as mentioned previously
