Business Setup Consultants in Dubai

Open a Bank Account in Dubai

Whether you’re launching a new business or managing personal finances, setting up a bank account in the UAE is your first step to seamless financial freedom. We make the process simple, transparent, and fully guided.

UAE Bank Account Opening for Your Business

From global investors to freelancers, Dubai’s banking ecosystem offers a range of accounts tailored to every need. But understanding the right fit, documentation, and compliance steps can be tricky without proper guidance. We simplify it all, whether you’re a resident or non-resident, a startup founder or a growing SME.


Who Can Open a Bank Account in Dubai?

Opening a bank account in Dubai is possible for a wide range of individuals and entities. You just need to meet the eligibility and documentation criteria based on your category.

UAE Residents

Individuals holding a valid UAE residence visa can open personal or salary accounts, often requiring a salary certificate or a letter from their employer or sponsor.

Business Owners

Whether you operate in the mainland or a free zone, you can open a corporate account with valid trade license, MOA, and proof of business activity.

Non-Residents

While it’s a bit more complex, many UAE banks allow non-residents to open savings or investment accounts, subject to stricter verification.

Free Zone Companies

Companies incorporated in Dubai’s Free Zones can open specialized accounts tailored to trade or service-based operations with fewer restrictions.

Offshore Companies

International businesses registered in the UAE as offshore entities can open accounts, provided they present all shareholder documents and company resolutions.

Freelancers & Startups

With a freelance license or startup trade license, you can open an SME account, often with minimum balance flexibility and digital access.

Types of Bank Accounts

Current Account (Personal)

Perfect for day-to-day transactions. Comes with checkbook, debit card, and online banking. Ideal for salaried individuals and residents.

Savings Account (Personal)

Great for building funds over time. Offers interest on deposits and requires a minimum balance. Suitable for residents and non-residents.

Corporate Account

Designed for registered companies in mainland or free zones. Offers high transaction limits, multi-currency support, and digital features.

SME/Startup Account

Special accounts for small businesses and freelancers. Lower balance requirements and quick onboarding processes.

Investment Account

Great for building funds over time. Offers interest on deposits and requires a minimum balance. Suitable for residents and non-residents.

Offshore Business Account

Ideal for international firms using Dubai as a business hub. Requires compliance with KYC/AML regulations.

Required Documents to Open Your Account

Whether you’re launching a new business or managing personal finances, setting up a bank account in the UAE is your first step to seamless financial freedom. We make the process simple, transparent, and fully guided.

Client Inquiries

Frequently Asked Questions

Opening a bank account in the UAE—whether for personal or business use—can raise a lot of questions, especially if you’re new to the country or setting up a company. Below, we’ve answered some of the most commonly asked questions to help you move forward with clarity and confidence. From eligibility to timelines, we’ve got you covered.

Can a non-resident open a bank account in Dubai?

Yes, non-residents can open savings accounts in the UAE, although options are limited compared to resident accounts. Most banks require a higher minimum balance and may not offer checkbooks. Business accounts for non-residents are also possible, but require additional documentation and a strong business justification.

How long does it take to open a bank account in Dubai?

On average, it takes 7 to 15 working days to open a business bank account, depending on the bank and the nature of your business. Accounts with high-risk activities or international shareholders may require additional due diligence.

What are the minimum balance requirements?

Minimum balance requirements vary by bank but typically range from AED 25,000 to AED 100,000. Falling below this limit can incur monthly penalties. We’ll help you compare banks to find an option that fits your capital structure.

Do I need to visit the bank in person?

For most business accounts, a personal visit is required to complete the verification process and sign documents. However, we handle all the pre-appointment coordination and documentation, so your visit is smooth and efficient.

Can I open a bank account before getting my trade license?

No, you must first obtain a valid trade license and have your company legally registered before opening a corporate bank account in the UAE. Your license is one of the primary documents banks review during the KYC process.

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