Business Bank Account

Corporate Bank Account Opening Services in UAE

The UAE has one of the biggest domestic financial areas in the Gulf Council. Corporate Bank account opening in Dubai can become complicated, if the right approach is not used. The documents and formalities required are practically the same for all banks in the UAE.
When you choose to open a corporate bank account in UAE, you can approach Let’s Ask, a prestigious bank account opening expert in the UAE. We help you in opening a business bank account in the below-discussed jurisdictions in UAE;

Mainland
Free Zone

The United Arab Emirates is notable for its popular banking industry and the undeniable degree of security the banks give to their customers. The astounding development of privately owned businesses, straightforward public policies and low corporate tax rate has shaped the economic landscape of the UAE. More to this is an effective financial banking system that gives helpful conditions to organizations to operate to upgrade their monetary development in the country.
Another significant reason for the gigantic demand for UAE corporate bank account opening administrations is the significant degree of privacy. This secrecy is one of the pinnacles of explanations behind the achievement of the UAE financial banking industry which is dependable and secured for your assets. As an Investor, thinking about this reality, you can be very much guaranteed that your protection will be completely regarded.

Requirements to Open a Corporate Bank Account in UAE

The requirements to open a corporate bank account in Dubai, UAE may be distinctive for different banks. Documents required for opening a corporate bank account in Dubai

Company Memorandum & Articles of Association
Certificate of Registration
Company Trade License
Business Plan
UAE Visa & Emirates ID
Proof of business being genuine and on-going through active invoices, social media profile etc.

Share Certificate
Passport copies for shareholders and authorized signatories
Board Resolution empowering a company officer to open the account
6 Months Bank Statement (UAE or Abroad) – Indiviual or Corporate
Investor’s Profile

Frequently Asked Question

How Much Will It Cost You to Open a Bank Account?

As the investor, who is planning to open a corporate bank account, you may ask what is the fees for setting up a corporate bank account? Fortunately, UAE local banks don’t charge any expenses, except for our service charges, for corporate bank account opening very much like in a large portion of the banks in different nations. Every one of the local banks is needed to keep up the minimum monthly average balance and each bank has a few classifications of the minimum monthly average balance.
For local UAE banks, this balance begins from 50k AED to 500K AED, this relies upon which bank you will apply to. For example, RAK Bank has a zero balance bank account in which they charge a monthly fee of AED 150. The higher the balance that you can maintain in the account the lower could be your service charges.
We’ll likewise specify that if you open the corporate bank account in any local bank keep money with a particular minimum maintaining balance, we would prescribe consistently to keep up this balance. Since all along, you need to keep a decent connection with your bank.

How LETS ASK MARKETING Consultants can help?

Our team of professional business consultants will go about as experts for bank account opening in UAE and recommend the sort of account and the bank contingent upon your necessities. We give the necessary help for bank account opening and will guide you through the whole process from filing applications to fixing appointments.

Get in Touch with Our Business Setup Consultant Today!

Our business consultants are fully-aware of the complications, legal formalities and documents required for business setup in UAE. Don’t worry! We’re here to give you and your business a head start by providing professional business setup services.

Business Bank Account