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Bank Account Services

The economic stability in the UAE, especially in Dubai, makes it an attractive location for both personal and corporate bank accounts.

Many international banks are also setting up branches in Dubai, increasing the interest among global investors and business owners.

Bank Account Features

Chequebook

Click to learn more

Chequebook

A chequebook is a convenient and secure payment method, commonly issued to UAE residents.

Offshore companies typically do not receive chequebooks.

Debit Card

Click to learn more

Debit Card

Debit or credit cards from Dubai banks offer a convenient tool for financial transactions.

allowing easy access to funds and secure payments.

Online Banking System

Click to learn more

Chequebook

Dubai banks provide secure online banking systems, essential for managing finances globally.

These systems protect clients from fraud and ensure reliable transactions.

Bank Account Services

The economic stability in the UAE, especially in Dubai, makes it an attractive location for both personal and corporate bank accounts.

Many international banks are also setting up branches in Dubai, increasing the interest among global investors and business owners.

Bank Account Features

Chequebook

Chequebook

A chequebook is a convenient and secure payment method, commonly issued to UAE residents.

Offshore companies typically do not receive chequebooks.

Debit Card

Debit Card

Debit or credit cards from Dubai banks offer a convenient tool for financial transactions.

allowing easy access to funds and secure payments.

Online Banking System

Chequebook

Dubai banks provide secure online banking systems, essential for managing finances globally.

These systems protect clients from fraud and ensure reliable transactions.

How to Open a Bank Account in Dubai?

How to Open a Bank Account in Dubai?

Opening a bank account in Dubai requires substantial documentation and can be time-consuming.

While requirements vary among banks, services like current, savings, deposit, and offshore accounts are standard.

Engaging experienced professionals can streamline the process.

Required Documents

Corporate Bank Account for UAE Resident Sole Proprietorship

  • Trade License
  • Partnership Agreement
  • Passport Copies of all Partners
  • Power of Attorney (if required)
  • Chamber of Commerce and Commercial Registration Certificates

Corporate Account for UAE Resident LLC

 

  • Trade License
  • Memorandum of Association
  • Passport Copy of Local Emirati Sponsor
  • Chamber of Commerce Certificate
  • Power of Attorney (if required)
Corporate Bank Account for Offshore Company
(RAK IC, JAFZA & AFZA)
  • Memorandum and Articles of Association
  • Passport Copies of Shareholders
  • Share Certificate
  • Passport Copy of Ultimate Beneficiary (if any)
  • Visa or Entry Stamp Page of Signatory
  • Corporate Shareholder Documents
  • Company Profile
  • Board Resolution or Power of Attorney (if required)
Corporate Bank Account for Foreign Company
  • Certificate of Incorporation
  • Memorandum and Articles of Association
  • Passport Copies of All Partners
  • Share Certificate
  • Passport Copy of Ultimate Beneficiary (if any)
  • Corporate Shareholder Documents
  • Attested and Notarized Documents
Corporate Bank Account for UAE Free Zone Company
  • Share Certificate
  • Passport Copies of All Partners
  • Memorandum and Articles of Association
  • Board Resolution (if any)
  • Notarized and Attested Documents (if required)

Required Documents

Required Documents

Corporate Bank Account for UAE Resident Sole Proprietorship

  • Trade License
  • Partnership Agreement
  • Passport Copies of all Partners
  • Power of Attorney (if required)
  • Chamber of Commerce and Commercial Registration Certificates

Corporate Account for UAE Resident LLC

  • Trade License
  • Memorandum of Association
  • Passport Copy of Local Emirati Sponsor
  • Chamber of Commerce Certificate
  • Power of Attorney (if required)

Corporate Bank Account for Offshore Company
(RAK IC, JAFZA & AFZA)

  • Memorandum and Articles of Association
  • Passport Copies of Shareholders
  • Share Certificate
  • Passport Copy of Ultimate Beneficiary (if any)
  • Visa or Entry Stamp Page of Signatory
  • Corporate Shareholder Documents
  • Company Profile
  • Board Resolution or Power of Attorney (if required)

Corporate Bank Account for Foreign Company

  • Certificate of Incorporation
  • Memorandum and Articles of Association
  • Passport Copies of All Partners
  • Share Certificate
  • Passport Copy of Ultimate Beneficiary (if any)
  • Corporate Shareholder Documents
  • Attested and Notarized Documents

Corporate Bank Account for UAE Free Zone Company

  • Share Certificate
  • Passport Copies of All Partners
  • Memorandum and Articles of Association
  • Board Resolution (if any)
  • Notarized and Attested Documents (if required)

Why Choose Dubai?

Despite implementing corporate tax, the UAE maintains a competitive edge with the lowest tax rates among global markets.
Dubai’s strategic location and favorable tax environment make it an ideal place for business and investment.

Statistics on Bank Account Opening

0
%
Increased
Interest
Rise in foreign bank branches in Dubai over the past five years
0
%
Document
Requirements
Banks require physical presence and extensive documentation.
0
%
Corporate
Accounts
New corporate accounts are for LLCs and Free Zone Companies
0
%
Digital
Accounts
Clients prefer banks with robust online banking systems

Contact us

Book your free consultation

Book your free consultation

CASSA offers expert guidance to help you navigate the complexities of opening a bank account in Dubai. Our services ensure compliance and streamline the process, allowing you to secure your financial assets efficiently.

* We offer these services through our licensed agents and strategic partners, ensuring the highest level of professionalism and reliability.