The requirements of Opening a Corporate Bank Account in Dubai

The requirements of opening a Corporate Bank Account in Dubai 

Find below the list of required information that is needed for the business and for each shareholder, in order to open a bank account in Dubai:

Business

• Business address;
• Business premises which will be visited by a local bank representative;
• A sample of client and suppliers names;
• Website;
• Business activities / profile;
• Incorporation Certificates;
• Shareholders Certificates (if not part of the incorporation certificates they will have to be provided to the bank, stamped by the appropriate regulator);
• Tade license agreement.

Shareholder

• UAE visa;
• Passport copy;
• Local telephone number;
• Local residential address - ejary;
• Personal bank statements evidencing last 3 months salary receipts.

Timeframe

• The entire application takes usually between 1 - 3 working days depending form the local bank.

Physical Visit 

• A physical visit is required.