Bank Account

Have you thought of implementing a diverse business model in UAE? UAE has several Free Zones, and most of them are in Dubai. You can get free Consultation from experts.

Need To Open A Bank Account In Dubai?
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Banking is one of the major concerns when you like to set up a new business entity in Dubai. Without opening a bank account, you cannot make business transactions. The UAE has several international and local banking institutions and all of them are very reputable. But which banks should you choose? What documents do you need to open the bank account? What type of bank account will be right for you? We have answers to these questions. At License Finder, we will guide you on how to apply for opening a Bank Account in the UAE.

At License Finder, we have worked with several company owners and assisted them to open their corporate accounts in the UAE. Our strong bond with banks has made the process smoother and hassle-free. Our team works with banking professionals to ensure that you will have no problem with opening the account. The documents essential to open the UAE bank account are

  • Passport Copy
  • Proof of Business
  • Proof of residence
  • 3 buyers and suppliers in case of trading business
  • A brief CV including your company summary
  • Company statutory documents
  • Personal Bank Statement

We know that there are differences in the policies of every bank. Still, these are the most important documents you need for opening your corporate bank account.

Different types of bank accounts in the UAE

We can assist further with Immigration and Labor related process as soon as you require assistance with that. We will work as the most reliable business solution partner and registration consultant. 

After establishing your company in the United Arab Emirates, you may apply for a corporate and personal bank account. These bank accounts will benefit foreign investors, as they provide several opportunities to account holders. By opening the Resident Bank Account, you will get a cheque book, credit cards, debit cards, and a dedicated account manager. Other banking services will also be available.

You may not have obtained residency in the UAE. Still, you like to account for a bank account in the country. In this situation, you will find some restrictions.

  • Takes a longer time to open the account
  • Limited banking facilities
  • No Cheaque Book

 

Resident bank account

Non Resident bank account

How do we help you with our bank account opening assistance?

You can open multicurrency bank accounts in the UAE. There are several other advantages available with them. Let us assist you in opening the account and remove your stress.