Bank Account Setup
Open your company’s bank account hassle-free with expert guidance and document preparation.
Assistance with opening corporate bank accounts in the UAE with leading local and international banks.
Opening a corporate bank account in the UAE requires extensive documentation and compliance with bank regulations. Our service supports document preparation, submission, and liaison with banks to facilitate quick approvals and account activation.
Service Types:
Account Opening
Assist with choosing the right bank and submitting all required documents.
Document Preparation
Ensure all legal and company documents meet bank requirements.
Follow-Up & Approval
Liaise with banks on your behalf to track and expedite account approval.
Requirements for Corporate Bank Account
- Valid Trade License Company license issued by DED or free zone authority.
- Company MOA & Shareholder Details Memorandum of Association and passports of shareholders.
- Board Resolution Authorizing company representatives to open and operate accounts.
- Proof of Address Of company and shareholders, including utility bills or tenancy contracts.
Process of Account Opening
- Select Bank & Account Type Based on business needs, choose suitable banking solutions.
- Prepare Documentation Gather and notarize required documents.
- Submit Application File application and documents with the bank.
- Interview & Approval Attend bank meetings or interviews if required for verification.
- Account Activation Receive account details and activate online banking.
Common Banks in UAE
- Emirates NBD One of the largest UAE banks offering corporate accounts.
- Abu Dhabi Commercial Bank (ADCB) Popular bank with wide corporate banking services.
- Mashreq Bank Offers specialized SME and corporate banking solutions.
Other Services
Frequently Asked Questions
- Typically 2 to 4 weeks, depending on bank and document completeness.
- Yes, with a valid trade license and residency visa, foreigners can open corporate accounts.
- Some banks require a minimum balance or deposit; requirements vary by bank.
