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Banking

Assistance

What is it?

Why open a bank account
in the UAE?

Opening a bank account in the UAE allows for secure management and storage of capital, enables international and local transactions, and ensures the legality and transparency of your

financial activities

Advantages

Why choose a
UAE bank account

When opening a bank account in the UAE, you gain access to the following benefits

Multi-currency account

Multi-currency account support.

High confidentiality

Guaranteed protection of your financial information.

International transfers

Support for global transfers via SWIFT.

Tax Residency

No taxes on capital storage and profits.

Global recognition

Prestige of the UAE banking system.

Financial stability

Stable exchange rate (1 USD = 3.67 AED).

Free capital movement

Absence of currency control and restrictions.

Low fees

Competitive rates for banking transactions.

Advance infrastructure

Modern online services and high service standard

Types

Types of Bank
Accounts

Suitable for companies registered in free zones or mainland UAE. Used for commercial operations, transactions with clients and partners, and to confirm the company's financial stability.

01

Corporate account

Ideal for individuals such as residents, investors, company employees, and their families. Used for salary deposits, investments, personal savings, and daily transactions.

02

Personal account

Stages of work

We simplify bank account opening in the UAE, step by step

01

Consultation and bank selection

Assessing your needs and choosing the optimal bank

02

Document preparation

Collecting and verifying documents for submission

03

KYC process

Signing documents and internal bank interview

04

Bank review

Evaluation of the application by the bank (7-30 days)

05

Account activation

Confirmation and commencement of account use

What we offer

Full Support for Opening Your UAE Bank Account

Personalized Approach

Tailored selection of banks based on your goals and needs.

Documentary Support

Assistance in preparing and verifying your document package.

Bank Representation

Handling negotiations and all interactions during the process.

Expert Consulting

Expert support for account setup and management.

Documents

Documents for corporate and personal account opening

Passport & Photo

Valid passport copy (clear, machine-readable)

Banking Assistance

Emirates ID / Visa

Current Emirates ID (front/back) or UAE residence visa copy

Banking Assistance

Proof of Address

Recent utility bill or bank statement showing residential address

Banking Assistance
Terms and cost

Learn about UAE bank account requirements and fees

Learn about the terms and costs associated with opening bank accounts in the UAE

From

3,700

AED

(~$1,000)

Ideal for

Companies seeking reliability

Cross-border fund transfers

Local and international transfers

Corporate account
7 - 30 days

Includes

Consultations

Document preparation

Full support

Optional Extras

Legal support
Urgent account opening
Accounting & Tax Advice

Ideal for

Individuals

Residents

Investors

Personal account
1 - 7 days

From

1,000

AED

(~$300)

Includes

Consultations

Document preparation

Full support

Optional Extras

Legal support
Urgent account opening
Accounting & Tax Advice

Includes

RAK ICC or JAFZA registration

Minimal reporting duties

Optional Extras

Corporate bank account

Ideal for

International holdings, asset and IP ownership, global invoicing

No UAE residence visa or local staff required

Offshore
3 - 15 days

From

9,000

AED

(~$1,600)

Includes

Free Zone licence

DED mainland licence

Office lease contrac

Optional Extras

Residence visa
Office fit-out
Corporate bank account

Ideal for

Onshore trade across the UAE, government tenders

Local retail and service businesses

Physical office and UAE-wide operations

Mainland
3 - 15 days

From

17,500

AED

(~$1,600)

FAQ

Frequently Asked Questions

  • Lack of business plan or proof of activity, errors in KYC, independent document submission, ignoring source-of-funds requirements.

  • In most cases, personal attendance or an online interview is required.

  • We select banks individually based on the client's needs and goals.

  • Yes, CVs are mandatory for corporate accounts.

  • Usually within 1-2 business days after bank confirmation.

  • It depends on the selected bank; typically, the minimum deposit ranges from 10,000 to 50,000 AED.

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