Open A
Business Bank Account
IN THE UAE
4,999
Why do you open a Business Bank Account in the UAE?
Opening a business bank account in the United Arab Emirates (UAE) is a crucial step for any entrepreneur or company looking to establish a presence in the country. Companies can enjoy a wide range of benefits, including access to local banking services, streamlined financial management, and improved credibility with customers and partners.
Opening a Company Bank Account in the UAE
- Successfully manage your Resources.
- Your company's growth will be aided by this course.
- Business finances are straightforward to manage.
PositiveZone is available to help you.
We specialize in business formation services in the UAE region. We invite both small and large businesses to our place of work located there.
Our specialist helps a broad array of companies in the Emirates Establish and flourish independently by connecting them to the right banks. We can show you where to obtain and open tax-free accounts . We offer multiple banks to make sure the management of your company is smooth.
Let’s have a look at some of the criteria for opening a bank account in the UAE.
Documents Required to Open a Personal Bank Account in the UAE
- A Bank Reference Letter is required.
- A clear copy of the candidate's passport.
- Personal bank statement for the past six months are itemized in the utility bill.
Documents Required for a FreeZone Company Bank Account
- A business profile of the employer or businessperson must become part of the application.
- To obtain an office lease contract from Ejari or a Business Center Office Lease agreement, you must present one.
- To create a Business Bank Account for a Freezone Business, a Trade License is required.
- You will have to show your Articles of Association or Certificate of Incorporation, depending on what freezone you obtained your license from.
- One of a shareholder's passport and residence visa, as well as a UAE ID, may be required (if applicable).
- MOA (Memorandum of Association) is the shorted version.
- Three suppliers and three customers have a number of names.
If you're trying to open an account with a certain bank, you might be required to provide more information. We'll assist as numerous Freezone Companies as potential in opening Corporate Bank Accounts in the following banks:
Frequently Asked Questions Regarding the Opening of a Freezone Company Bank Account
A Business Bank bank account can be accessed remotely from the United Arab Emirates.
A requirement of the Consumer Financial Protection Bureau is that you be present for your Freezone Bank Account’s opening.
Well, most UAE banks enable you to have debit cards when you open a Business Bank Account with them. Nevertheless, to obtain credit cards, you have to pay into the bank account first. Additionally, business loans are offered only if the bank and your company are one year old, you’ve established your company’s earnings by means of an audit, and so on.
Because we set up your business, we strongly advise you to set up a bank account through our service. We place many obstacles in the way of banks that make it difficult to open business accounts, so it is up to you to set up your account through us.
Each case is recommended to several offices within the bank before it is opened.
Create YourBusiness Bank Account in 3 Simple Steps
Step 1
Prepare the Documentation
Step 2
Get a Business License
Step 3
Open a bank account
Send Us Your
Inquiry
Send Us Your Inquiry
Our headquaters
Office Number 306, White Crown Building, Trade Center 1- Sheikh Zayed Rd - Dubai
call
+971 55 625 4752
