Opening a Corporate Bank Account in UAE
Open a Corporate Bank Account in UAE with Ease!
Are you starting a new business or need a bank account for your existing company in the UAE?
We provide seamless bank account opening services for businesses across Mainland, Free Zones, and Offshore jurisdictions.
With strong relationships with leading UAE banks and in-depth knowledge of compliance requirements, we help businesses get fast approvals and hassle-free banking solutions.
Account opening general process
Step 1: Free Consultation – We assess your banking needs and recommend the best UAE bank.
Step 2: Document Preparation – We assist in gathering and preparing all necessary documents.
Step 3: Bank Application Submission – We liaise with the bank to ensure smooth processing.
Step 4: Compliance & Approval – The bank reviews the application and performs KYC verification.
Step 5: Account Activation – Once approved, the bank provides online banking, debit cards, and cheque book
Required Documents for Corporate Bank Account:
- Trade License
- Memorandum & Articles of Association (MOA/AOA)
- Passport, Visa, and Emirates ID of shareholders & signatories
- Ultimate Beneficial Owner (UBO) declaration
- 6 months’ bank statement (if applicable)
- Business proof (contracts, invoices, website, etc.)
Processing Time: 2 – 6 weeks (varies by bank & business activity)
Required Documents for a single Shareholder company (online bank accounts) :
- Trade License
- Memorandum & Articles of Association (MOA/AOA)
- Passport, Visa, and Emirates ID of shareholders & signatories
Processing Time: 1 week
Required Documents for Personal Account:
- Passport Copy
- Emirates ID (for UAE residents)
- UAE visa (if applicable)
- Proof of address (utility bill, tenancy contract)
- Bank statement (last 6 months)
- Salary certificate (if employed)
- The process time may vary depending on if full set of documents are provided to the bank. Further, with respect to nature of businesses of the company and complexity of shareholders’ mix additional requirement may be raised. We assure our professional services to our client to navigate the process efficiently.