Corporate Bank Account Services

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Corporate Bank Account Services

Bank Account Opening Assistance in Dubai, UAE

As a registered business setup firm, we assist in incorporating businesses of all sizes and statures and opening business and offshore company bank accounts in the UAE. We prepare application forms and documentation and attend interviews on clients’ behalf. With a comprehensive knowledge of UAE banking rules and strong relationships with major international and local banks, we help clients open corporate bank accounts without complications.

Bank Account Opening Consultancy

Mehar Business Solution offers Corporate Bank Account Opening services in UAE, simplifying the process for individuals and businesses to open accounts in Dubai and other Emirates. Non-residents can open personal accounts with specific bank limitations and features.

Bank Account Opening Assistance in Dubai, UAE

Dubai, UAE, offers bank account opening assistance for both onshore and offshore companies. For mainland companies, opening a bank account is easier, but offshore companies face stringent procedures due to global finance concerns like money laundering and tax dodging. Authorities require detailed legal information, including business area, investment amount, and revenue generated. Expert guidance is available for opening corporate bank accounts, ensuring smooth transactions, compliance with UAE regulations, and access to consultancy services. We assist in transferring funds and meeting account needs.

We are always ready to Assist you

We’re here 24/7 to assist with business formation in Dubai, auditing, accounting, and tax services in UAE. Contact us:  +971 565539955.”

How Can We Help You in Account Opening in the UAE?

We offer UAE business setup services and expert bank account assistance to aspiring businesses. We guide them through the process, ensuring they have all the documentation for account opening applications. We determine the account type and bank in the UAE and provide consultations to help find the most suitable solution within your budget. Different banks may require additional documentation.

Documents Required for Bank Account Opening Services in the UAE

The UAE requires specific documents for opening a bank account, including information on the account type and bank type and the necessary documents to be produced. Documentation requirements vary by bank and corporate structure, with all documents attested by shareholders, if outside UAE or in origin, and the UAE.

Bank Account Opening Assistance in Dubai, UAE

How Will You Benefit from Our Bank Assistance in Opening a Bank Account?

Corporate Bank Account Services​

Our bank account opening services offer top-rated assistance, allowing you to focus on other business activities. We take regular follow-ups with the bank, introduce you to the official Relationship Manager, assist with application, interview preparation, coordination with the Relationship Officer, and prepare all necessary documents for the account opening procedure. 

Our banking specialists will assess your profile, assist in document collection, select suitable banking options, and expedite compliance procedures, partnering with trusted bank representatives.

Our bank account opening assistance guarantees timely results.

Mehar Business Solution is the sole corporate services provider in the industry that guarantees bank account opening services. Our banking specialists will assess your profile, assist in document collection, select suitable banking options, and expedite compliance procedures, partnering with trusted bank representatives.

Did you know?

General trading is considered a regular business activity in the UAE, with some banks offering zero-balance business accounts for startups. Non-resident individuals can open personal accounts with valid reasons and property in the UAE. Banks in the UAE allow non-resident individuals to open accounts even without a bank statement. A fixed-term deposit of AED 2,000,000 can qualify for a golden visa.

The bank's primary focus when opening an account is to ensure the account is properly managed and maintained.
  • Business account: Place of registration of the company The bank prioritizes reputable free zones and mainland entities as a top priority.
  • Business activity of the company: Trading activities like general trading, gold, and oil products automatically classify clients as risky, limiting their choices of potential banks.
  • Verified source of funds of the partners: An account opening is based on the shareholder’s verified income source, such as an account statement with payroll or a statement from a foreign business account.
  • Suppliers and clients: Banks require businesses to describe their nature of work and list potential suppliers and customers as banks assess the cleanliness and trustworthiness of these companies.
  • Prospective turnover of the company: Banks determine SME or Corporate Banking eligibility based on turnover and minimum account balance requirements, typically starting at AED 50,000.

FAQ

Can I open a bank account in the UAE?

You can open a bank account in UAE, whether personal or corporate, even if you don’t live there, as long as you follow proper procedures and the required documents.

Non-residents in the UAE can open personal or business accounts in Dubai banks but may not receive credit or debit cards due to restrictions on resident services by some banks.

In the UAE, local banks typically require a minimum balance for opening a bank account, with variations depending on the bank and account type. If the balance falls below this, a nominal fee is charged.

The average time to open a bank account in the UAE is 2 to 4 weeks, depending on the bank and the type of company, with the process varying by bank and varies by bank.

We offer account-opening services in most commercial banks in the UAE as well as private and international banks.

Meeting the banker is mandatory for UAE account opening, and we have agreements with offshore banks, provided the client provides the necessary information and documents.