CONTENT POLICY

YAM Vendor/Companion Creation Documents

Any company registered in UAE & KSA & UK with a valid trading license can sell its
products on YAM.
In order to open a selling account on YAM, first start by creating a customer account on
YAM.ae Then submit copies of the following registration documents, and your store will be
validated in a week:
 Trading license or commercial registration
 VAT certificate 
 Passport or residence ID (both sides)
 Residence visa for non-nationals
 Bank details stating the same information provided in the commercial registration:
- Provide the below details on a signed and stamped company letterhead:
     -The company's legal name
     - Bank account number
     - Iban
     - Swift code UAE & KSA
     - Bank branch
     - Store currency (once chosen, it wouldn't be possible to change it in the
future)
OR
- Cancelled Cheque (Cancelled check must have IBAN number and account
number, if not, then Yam bank form must be provided signed and stamped Yam
Bank form). 

Once I have my documents, what’s next?
Create a customer account on YAM.ae. Once this is complete, you will need to upload your
documents.  Once copies of your documents have been received and approved, your YAM
Vendor status will be approved within one week. 
 

Companies that aren't VAT registered
In addition to the above documents, sellers whose companies aren't VAT registered should
fill-in the below declaration of VAT non-enrolment under the law of their respective country,
and affix it with seal and signature by the authorized signatory of the business.

Declaration of VAT non-enrolment - UAE
Declaration of VAT non-enrolment – KSA
Declaration of VAT non-enrolment - UK
Transfer of payments
Payments for your sales on YAM will be disbursed to your bank account on a bi weekly
basis. Below are your bank account details necessary for YAM to transfer your payments;
these are to be submitted to seller@yam.ae anytime:
 Provide the below details on a signed and stamped company letterhead:
     -The company's legal name
     - Bank account number
     - Iban
     - Swift code UAE & KSA
     - Bank branch
     - Store currency (once chosen, it wouldn't be possible to change it in the
future)
OR
- Cancelled Cheque (Cancelled check must have IBAN number and account
number, if not, then Yam bank form must be provided signed and stamped YAM
Vendor supplier. 

Will I receive an account statement?
Yes, all payment statements issued to you from YAM will be displayed in the Statement
tab on your Seller Station. A payment statement will be displayed once the payment has
been approved by YAM. You can follow up with your corresponding bank using the bank
transaction ID. 
Also, if the name of the person managing the company is different from the one on the
trading license, please provide us with a letter of authority on a stamped bank letterhead.
Got any more questions?
Contact us on seller@yam.ltd