Address: 401, Single Business Tower, Business Bay Dubai
Office Hour : 09:00 AM - 5:00 PM
Starting the process of business account opening in UAE can feel overwhelming, especially with the strict compliance checks set by the UAE Central Bank. However, with our dedicated best business bank account in UAE service, we aim to make this process easy and convenient for you. Our in-house experts will guide you through each stage, ensuring that you have a hassle-free experience when opening a bank account with any of the UAE's most trusted banks. The in-person application requires physical presence to meet with a bank representative, sign the application form, and submit documents. Online application is available for those outside the UAE, but a visit to the UAE is required once the application is approved.Application process may take 10-14 days.
Looking for a hassle-free company bank account opening in UAE? We will assist you in collecting and preparing the required documents such as certified company incorporation documents, company profile, passport copies of all shareholders, personal profiles of all shareholders, six months' personal/business bank statements of all shareholders, Emirates ID and residence visa copy of at least the signatory, and a copy of your Ejari/proof of UAE residential address.
Reputable free zones and mainland entities are always a priority for the bank.
Certain activities such as general trading, trading in gold, and oil products automatically classify you as a risky client and narrow down your choices of potential banks.
The presence of a verified source of income for the shareholder – an account statement with payroll or a statement from a foreign business account – is the basis for opening an account.
When opening a business account, you will need to describe your company’s nature of work and indicate your list of potential suppliers and customers. Banks check how clean and trustworthy these companies are.
Based on your prospective turnover, the bank will identify whether you qualify for SME or Corporate Banking. Apart from that, it’s important to highlight that most traditional banks have requirements for maintaining a minimal account balance, which usually starts from AED 50,000.
Prior to opening a personal account, you must first obtain a UAE resident visa. Individuals holding passports from Russia, Belarus, and Ukraine are not eligible for non-resident accounts at this time.
Engaging in specific activities like general trading, gold trading, and oil product trading can automatically categorize you as a high-risk client, limiting your options for prospective banks.
Certain nationalities are subject to additional requirements pertaining to the sources of their income and their local addresses.
Turnkey support for opening a business bank account Dubai: choosing the best bank, preparing the documents, drafting a company profile, holding a meeting with a banker, and handling questions from compliance
Current, savings, payroll and investment accounts
Savings accounts for real estate owners & foreign investors
Our company's greatest asset is a professional team with extensive expertise in business organization, law, and economics.
We collaborate with leading banks, audit firms, lawyers, and accredited registration authorities.
We offer everything your project requires, eliminating the need to search for multiple partners.