Once your business is active, you will need a corporate bank account to manage activities, send and receive money, and make financial payments. This requires you to open a business bank account in Dubai as part of the setup process to avoid any unnecessary delays.
However, there is a lot of documentation and organisation required to open a corporate bank account in Dubai and the UAE. Banking compliance regulations are stricter than in many other countries, and the entire process can be slowed down if a single piece of information is overlooked, which is far from ideal if you need to get set up quickly.
Start Business Advisory offers a full corporate bank account opening service in Dubai that makes the process much more convenient. Our team will advise you about relevant and current compliance requirements, ensure all the relevant documentation is in place, and can also manage the entire application procedure from start to finish, keeping you updated every step of the way.
It usually takes approximately 3 weeks to open a corporate bank account in Dubai.
Yes. However, please bear in mind that you must be present for the in-person meeting with the bank and to receive the relevant documentation.
In most cases, you will receive a chequebook and debit care within 5 working days of opening a corporate account in Dubai.
To open a business bank account in Dubai, you can apply directly to the bank of your choice or through experienced companies like Start Business Advisory. Many company directors prefer to use services like our own as it can make the process faster and easier to complete.
To open a business account in Dubai, you will need to provide a wide variety of information, such as business setup documentation, bank statements, audited company accounts and much more. You can find the full list of requirements further down this page
