Take our free assessment to see if you qualify.
Reputable free zones and mainland entities are always a priority for the bank.
Certain activities such as general trading, trading in gold, and oil products automatically classify you as a risky client and narrow down your choices of potential banks.
The presence of a verified source of income for the shareholder – an account statement with payroll or a statement from a foreign business account – is the basis for opening an account.
When opening a business account, you will need to describe your company’s nature of work and indicate your list of potential suppliers and customers. Banks check how clean and trustworthy these companies are.
Before opening a personal account, it is mandatory to apply for a UAE resident visa.
Holders of passports of the Russian Federation, Belarus and Ukraine currently do not qualify for non-resident accounts.
To open a personal account, applicants with a work visa do not need to demonstrate a source of income and it is enough to present a salary certificate.
On the other hand, holders of a partner visa must show proof of source of income.
Some nationalities must comply with additional requirements for their source of income and local address.
Established in 2009, Virtuzone is the UAE’s leading and most trusted company formation specialists. Since our inception, we have enabled more than 70,000 entrepreneurs from 180 countries to set up their business in the UAE.
When you choose Virtuzone, you benefit from:
Make sure you hire the best in the business for your business setup in Dubai. With Virtuzone, you will fast-track your path to business success.
Terms and conditions:
This offer is valid until the end of June 2023 only. The money-back guarantee is available only to new bank account opening applications made through this offer. Existing bank account opening applications will not be considered eligible for the money-back guarantee.
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