Aabi Chartered Accountants
Dubai
- Company formation
- Accounting and bookkeeping
- Tax compliance
- +6 more
Languages: English
View profile of Aabi Chartered AccountantsA corporate bank account is often the step that takes longest after the licence is issued. UAE banks apply their own checks to owners from abroad, including questions about the company’s activity, where its customers are and how the money will arrive, and no official source sets the requirements to quote here. A firm can prepare the application, introduce banks that accept your profile and help you answer compliance questions, but it cannot promise approval.
Ask whether the assistance is an introduction or the full preparation of the file, which banks and payment providers the firm usually approaches, whether it charges if the application fails, and whether the owner has to visit the UAE. Compare what documents each bank asks and how long the firm expects the process to take for your type of business. Check the profile for languages, since bank officers may prefer Arabic or English. The UAE country guide lists the steps that must happen before any bank will start.
266 firms offer bank account assistance: 171 corporate services providers and 94 accounting firms and 1 law firms, so corporate services providers lead this list. 98 serve foreign clients. E-commerce, real estate, healthcare and trading are named most often. The emirate pages for Dubai, Abu Dhabi, Sharjah, Ras Al Khaimah and Ajman show who is nearby, and a free quote request reaches several at once.
Dubai
Languages: English
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View profile of PRO Hub Business ServicesNo. Each bank makes its own decision after its compliance checks. A firm can prepare the file and introduce you, and you should be wary of any guarantee. Ask what happens to the fee if the application is declined.
Some banks ask the owner or signatory to attend, and others have different rules. A firm that works with foreign owners can tell you which options are realistic. Ask for this in writing before you pay.
Usually who owns it, what it does, who its customers and suppliers are, where payments will come from and how much activity you expect. Prepare a short business description and the licence documents before you contact anyone.
General information, not legal or tax advice. Rules, rates and fees change: check them with the official sources linked on this page or with a qualified adviser before you act.