BANK ACCOUNT OPENING
For personalized guidance on selecting the appropriate bank account type and choosing the most suitable UAE bank, reach out to our experts for free advice. We will assist you in finding the optimal solution that aligns with your business requirements and budget.
RESIDENT BANK
RESIDENT BANK ACCOUNT
Upon establishing a company in the UAE, you have the option to apply for personal and corporate bank accounts as a UAE resident. These bank accounts offer significant advantages for foreign investors as they are non-reportable and present numerous opportunities for the account holders
Non-reportable bank account
Cheque book
Any bank facilities
Online banking
Debit and credit cards
Dedicated Account Manager
NON RESIDENT BANK
Opening a UAE bank account for yourself or your business without UAE residency will come with certain restrictions. It is important to note that a non-resident bank account in the UAE will have the following characteristics
Reported to owner's tax jurisdiction
Takes more time to open
Limited in bank facilities
Limited in online banking
Not allowed for issuing credit or debit cards
NON RESIDENT
Offshore
OFFSHORE BANK ACCOUNT
When considering opening an offshore bank account in the UAE, it is essential to understand the benefits and restrictions associated with such accounts. Here are the key advantages and limitations of offshore bank accounts in the UAE:
Extra secured and have the highest privacy level
Allow 100% repatriation of capital and profits
Fast to open
Can be opened without UAE Residence Visa
Have no currency or funds transfer restrictions
Have user-friendly online banking system
HOW WE CAN HELP YOU OPEN YOUR BANK ACCOUNT IN UAE
Our approach is highly personalized, focusing on the unique needs of each client, which has led to a remarkable 100% success rate in bank account openings in 2018 and a 98% success rate in 2017.
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No corporate taxes
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UAE Residence Visa
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100 % foreign ownership of the enterprise