Bank AC Opening

Bank Account Opening Services in UAE

We have partnered with UAE’s leading banks and we will appoint a consultant during the initial stages of company incorporation to make sure to open a fully functional transactional bank account within days after the company incorporation, and appoints a dedicated relationship manager.

We realized that opening a corporate bank account may take some time, our experts will assist you to open the corporate and personal bank account within days.

What are the banking benefits in the UAE?

Multiple currency options

High level of secrecy

Easy international access

Zero taxation

Easy transfer of funds

Flexible investment period

Dedicated relationship manager

Phone and online banking

Corporate Bank Account in UAE

UAE is one of the leading international business hubs and among one of the fastest growing cities in the world, this naturally makes it the hotspot for corporate banking.

Offshore Bank Account in UAE:-

Nowadays opening an offshore bank account is very tough because of the strong KYC and central bank policies. Most of the banks in the UAE open offshore bank account. Offshore company account will not be eligible for a credit or debit card and cheque book, but they can use an online banking system to transfer funds. We will recommend only priority bank account for the offshore companies.

Nature of Account

Priority Bank A/c

Average Balance Requirement

AED 200,000 onwards

Time Frame

7 to 10 Business days

Suggestion

Emirates NBD

Documents required to open an offshore company bank account:-

Certificate of Incorporation

Memorandum & Articles of Association

Share Register/ Certificate

Passport copy of Shareholder/s

Business Profile of the company

The CV of all shareholders

6 months personal bank account statement

Proof of residence in the home country

Free Zone Bank Account in UAE:-

According to bank compliance, opening Free zone company bank accounts are much easier than an offshore bank account. But in certain free zones obtaining bank account is at high risk due to its policies and documents issued. The free zone companies are eligible for cheque book, debit & credit card and all other credit facilities from the bank based on the company profile.

Nature of Account

Priority/UAE Resident/Non-UAE Resident Bank A/c

Average Balance Requirement

AED 200,000 onwards

Time Frame

5 to 6 Business days

Suggestion

Emirates NBD/RAK Bank, Noor Bank & Mashreq Bank

Documents required to open a free zone company bank account:-