Opening a bank account in the UAE
We will help you open a bank account in the UAE, taking into account all your financial needs and the specifics of local legislation.
Get a consultation How to open a bank account
A step-by-step process for opening a corporate bank account in the UAE with Profusion Consulting.
Preliminary consultation
A call with our specialists to discuss your case. Identification of any factors that may hinder account opening, followed by tailored solutions and options to address them.
Information collection
Receiving from you a complete set of documents required by the bank and answers to their questions. Selecting suitable banks and types of accounts that best fit your company.
Contract signing
Discussion of the terms of working with our company and signing the contract to ensure that both parties adhere to the agreed conditions.
Application submission
Our managers prepare the documents and submit the application to open a bank account with the selected bank.
Account signing and opening
Visiting the bank branch at the appointed time to sign the contract. Waiting up to 2 weeks for the account to be opened and receiving the bank’s confirmation letter.
Frequently Asked Questions (FAQ)
Ideally, to open a bank account in the UAE, you will need documents proving your identity and status, as well as information about your company.
Such as:
Such as:
- Emirates ID
- Passport
- Trade License of the Company
- Tenancy contract for office
- Tenancy contract for appartment
- Salary certificate from company
- Bank statement from UAE Bank for the last 6 month
- Bank statement from home country Bank for the last 6 month
- Contracts with several of you suppliers
- Contracts with several of your customers
Our company will handle all the bureaucracy and assist in obtaining the necessary documents to speed up and simplify the process.
The time required to open a bank account in Dubai can vary depending on the bank and your documents. If you do not have a complete set of documents, additional time may be needed to prepare them.
The cost of opening a bank account starts from AED 7,000. Depending on the complexity of the case, the price may increase.
