Open a Business Bank Account in Dubai | Hassle-Free Account Setup
As a trusted Dubai-based business consultancy, Sohi Pro Services specializes in assisting both offshore and onshore companies with smooth and secure bank account opening in Dubai.
Secure Your Financial Presence in the UAE with Expert Assistance
The United Arab Emirates (UAE), particularly Dubai, is renowned for its stable and thriving economy. This economic strength has made Dubai a preferred destination for global entrepreneurs and investors looking to open personal and corporate bank accounts. Dubai’s well-regulated financial sector, global banking presence, and investor-friendly regulations continue to attract high volumes of capital from around the world.
Almost every major international bank has either set up a branch or a representative office in Dubai, making the city a top choice for safeguarding assets and conducting global business transactions. If you’re looking to open a bank account in Dubai, Sohi Pro Services is here to guide you through a seamless and compliant process.
How to Open a Bank Account in Dubai?
Opening a bank account in Dubai—whether personal or business-related—requires careful adherence to each bank’s specific guidelines. While the process can be document-heavy and time-consuming, our professional consultants at Sohi Services make it smooth and stress-free.
Dubai-based banks offer a wide range of services including:
Current and savings accounts
Corporate and personal accounts
Offshore banking services
Online and mobile banking platforms
Is Personal Presence Required?
Yes. As per UAE banking regulations, personal presence is mandatory for corporate and personal bank account openings. This is to ensure the authenticity of the applicant’s identity and obtain original signatures on key documents. Any attempt to bypass this may lead to rejection or delays.
Required Documents for Opening a Bank Account in Dubai
Below is a detailed list of documents based on business structure:
1. For UAE Resident – Sole Proprietorship
Trade License
Partnership Agreement
Passport copies of all partners
Power of Attorney (POA), if applicable
POA must be notarized
If a Professional License is held, Chamber of Commerce and Commercial Registration certificates are not needed
2. For UAE Resident – Limited Liability Company (LLC)
Full Trade License (3 pages)
Memorandum of Association
Passport & visa page of the authorized signatory
Passport copy of Local Sponsor
Chamber of Commerce certificate
Notarized Power of Attorney, if applicable
If Professional License – no need for Chamber of Commerce documentation
3. For Offshore Companies (RAK IC, JAFZA, AFZA)
- Certificate of Incorporation
- Memorandum & Articles of Association
- Share Certificate
- Passport copies of shareholders and signatory
- Company profile, CVs of partners
- Structure tree diagram
- Board Resolution/POA for authorized signatory
Additional documents if corporate shareholding involved
4. For Free Zone Companies
Incorporation Certificate / Trade License
Share Certificate (if shareholding not in MOA/AOA)
Memorandum & Articles of Association
Passport copies of shareholders
Board Resolution (if required)
Notarized amendments (if any changes in company structure)
5. For Foreign Companies
Certificate of Incorporation
MOA & AOA
Share Certificate
Passport copies of partners & signatory
Company profile & CVs
Structure tree
Legalized and attested documents from UAE Embassy & MOFA
POA/Board Resolution for authorized signatory
Note: This process is more complex and often incurs higher costs. Sohi Services can manage the legalization process on your behalf.
6. For British Virgin Islands (BVI) Companies
Certificate of Incorporation
MOA & AOA
Share Certificate
Board Resolution/POA
Passport copies
Latest 3-month bank statement of signatory
Attestation from UAE Embassy and Ministry of Foreign Affairs required
7. Non-Resident Personal Account Opening
Passport with UAE entry stamp
6-month bank statement from home country
Bank reference letter
Recent utility bill
Investment of minimum USD 500 (insurance, bonds, etc.) or maintain average AED 200,000 balance
Additional documentation may be requested to meet compliance requirements
Dubai Bank Account Features
Cheque Book Facility
Cheque books are widely used in the UAE for both corporate and personal financial transactions. Only UAE residents can receive cheque books for corporate accounts. Offshore entities are generally not issued cheque books.
Debit & Credit Cards
Once your account is active, you can apply for a debit or credit card, useful for ATM withdrawals and global transactions. Terms vary based on bank policies and card type.
Online Banking Access
Dubai banks offer secure and robust online banking systems, allowing clients to manage accounts, transfer funds, and monitor transactions globally. This is a highly valuable tool for international businesses.
List of Major Commercial Banks in Duba
Some of the key banks you can choose from include:
Emirates NBD
Dubai Islamic Bank
Emirates Islamic Bank
HSBC
Mashreq
Union National Bank
First Abu Dhabi Bank (FAB)
Commercial Bank of Dubai
Arab Bank
BNP Paribas
Why Choose Sohi Pro Services for Bank Account Opening in Dubai?
At Sohi Services, we provide end-to-end guidance for bank account setup in Dubai across all company types—Offshore, Free Zone, and Mainland. Our role is not only to assist you in choosing the right bank but also to minimize delays and improve your success rate by ensuring all documentation is accurate and complete.
What Makes Us Different:
In-depth knowledge of UAE banking requirements
Personalized consultation based on your nationality, business type, and financial needs
Proven track record with international and local banks
Transparent process with no hidden costs
Assistance with document attestation and legal formalities
Let’s Get Started
If you are ready to open a bank account in Dubai—or simply want expert advice—Sohi Pro Services is your reliable partner in the UAE.
Start your business journey in Dubai with confidence. Contact Sohi Services today and let us take care of the setup while you focus on growth.
Sohi Pro Services is your trusted partner for business setup in the UAE. We specialize in company formation, licensing, and consultancy across all major free zones and mainland jurisdictions. Let us simplify your journey to success in the UAE.
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