19th floor, 48 BurjGate Tower, Sofitel Hotel, Downtown, Dubai
800 CIG (244)
Company Bank Account Opening in Dubai
Fast and reliable services for bank account opening in Dubai. We will connect you with top corporate banks and help you complete the process quickly!
Corporate Bank Account Opening in Dubai
We will help you choose the best banking institution to open your corporate bank account!
The UAE boasts of a cutting-edge financial system with a strong network of both local and international banks. People from around the world open bank accounts in Dubai not only for their banking requirements but also to secure their assets. However, you will have to comply with a strict procedure when it comes to corporate bank account opening in the UAE. Business setup consultants at CIG Dubai are experts in the field. They will connect you with some of the top banks we have established strong relations with. Besides, opening a corporate bank account in Dubai is beneficial in many ways:
Confidentiality of personal information
High level of safety and reliability of transactions
Secure financial system (no risk of fraud or theft)
Exchange option for multiple international currencies
Safe and secure phone and online banking system
We work closely with you for bank account opening in Dubai!
We have many years of experience and we have helped thousands of entrepreneurs open corporate accounts in some of the top banks.
Current Account or Savings/Deposit Account
Offshore Bank Account
Onshore Bank Account
Merchant Bank Account
01Dubai Bank Account for Non-residents
Our business setup experts will provide you with step-by-step guidance for completing the procedure for bank account opening in Dubai.
02Foreign Company Bank Account Opening
Our business setup professionals help you organize the documents and liaise with MOFA to open the bank account.
03Choose the Right Bank When Opening a Corporate Bank Account
We have the expertise and experience to help you choose the bank that will support the growth of your business.
Top-class Bank Account Opening Services in Dubai
Whether you are a Dubai resident or non-resident, we have the experience to help you open any type of bank account.
Bank Account opening Assistance in Dubai
Dubai is one of the fast-growing trade hubs as it is easily accessible to countries in the Middle East, Africa, Europe, and Asia. The emirate, which handles trade and investments worth a trillion dollars annually, is home to many local and international banks operating under the strict regulatory control of the central bank of the UAE. It is imperative for investors to open a corporate bank account in Dubai to manage cashflows as well as track expenses.
Bank Account Opening Assistance We Offer
When it comes to bank account opening in Dubai, appropriate documentation is very important. The documents have to be submitted in a specified format depending on the business activity, the bank’s KYC norms, and as mandated by the central bank.
It is, therefore, highly recommended that prospective entrepreneurs liaise with CIG Business Services for all the assistance required for business setup in Dubai. This enables investors to focus more on acquiring new and/or retaining existing customers.
How to Open a Bank Account in Dubai?
The basic documents required to be submitted for a business bank account opening in Dubai are:
Dubai bank account for non-residents
Many banks do a background check when non-residents apply to open a savings bank account. Moreover, banks ask them to provide the following documents:
A recent utility bill
Your home bank’s reference letter
Bank statement for the last six months from your home bank
Information on consistent funding sources
Corporate bank account opening in Dubai
If the reason for bank account opening in Dubai is to do business, then non-residents will have to open a corporate bank account. The time needed to open a current account ranges from two to four weeks. Furthermore, when it comes to corporate bank account opening in Dubai, a few additional documents have to be provided. The documents required can vary from one bank to another, depending on the type of business and the account to be opened. However, they often include those listed below.
Trade license
Certificate of Registration
Share Certificates
Article of Association and Memorandum of Association
Board’s letter authorizing an officer to open a corporate current account
Visas and passports of all shareholders
The documents to be submitted for a bank account opening in Dubai may vary from one bank to another, depending on the type of business and the bank’s norms. Besides, the time needed for a bank account opening in the UAE ranges anywhere from a few days to a couple of weeks.
Furthermore, to open a bank account in Dubai for non-residents, their physical presence is essential. This is because the bank representative has to meet the applicant, get the application signed, and collect the required documents.
Other Services We Offer
Healthcare Services
Tax and Vat Services
Why Choose CIG to Open a Corporate Bank Account in Dubai?
One of the top business consultants in Dubai
Professional end-to-end services for setting up a company in the UAE
We provide tailored solutions
We offer a wide range of services
Professional and reliable services
Transparency in all dealings
It is also possible for a non-resident to open an online bank account in Dubai. After initiating the process, the applicant can talk to the bank representative either via telephone or online on a video conferencing platform. If banks need additional information, we will liaise with them and help you complete the additional requirements, and even act as your representative. Still, the applicant has to travel to the UAE to complete the account opening formalities.
Our services also include an assessment of the applicant’s company activities and operations, the availability of initial funds, and expected annual turnover to recommend the most suitable bank and type of account.
