We will open your UAE bank account or you will receive a complete refund
Take our free assessment to see if you qualify.
The UAE Banking Challenge
- Stricter tax, anti-money laundering and compliance requirements have made it more complex and challenging to open a bank account.
- The processing time has significantly increased, and a trial-and-error approach can potentially leave your company without a bank account for an entire year.
The Virtuzone Solution
- A team of highly qualified and experienced banking specialists who will help you successfully open a personal or business bank account in the UAE.
- A proven solution and impeccable reputation that allowed us to successfully open more than 1,000 bank accounts for our clients in 2022 alone.
Virtuzone is the only corporate services provider in the industry offering a
money-back guarantee on bank account opening services.
Our team of banking specialists will evaluate your profile, help you collect the necessary documents, choose the banking option that meets your needs and successfully complete compliance procedures in the shortest possible time. We work with proven representatives of banks focused on genuine results.
Last year, we successfully opened more than 1,000 bank accounts for our clients.
Partner banks
What does the bank pay attention to when opening an account?
Business account
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.
Personal account
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.
Our Solutions
Opening business accounts - from 2 weeks
Turnkey support: choosing the best bank, preparing the documents, drafting a company profile, holding a meeting with a banker, and handling questions from compliance
Opening personal accounts - from 2 days
Current, savings, payroll and investment accounts
Personal accounts for non-residents – from 2 weeks
Savings accounts for real estate owners & foreign investors
Get Guaranteed Results on Time with Our Bank Account Opening Assistance
Did you know?
- General trading is a high-risk activity; however, some UAE banks treat it as a normal business activity.
- Some of the banks in the UAE don’t require a bank statement from a business owner to open a business bank account.
- A number of digital banks are offering zero-balance business accounts for startups.
- A mainland company with non-high-risk activity can get a bank account in only one week.
- You can open a bank account with one of our digital partner banks even if you are not physically present in the UAE.
- Non-resident individuals can open a personal bank account if they have a valid reason and meet the criteria (e.g., they have a property in the UAE).
- You can get a golden visa by placing a fixed term deposit of AED 2,000,000 in your UAE bank account.
Expert team
Our company's main asset: A professional team with extensive experience in business organization, law and economics
Wide partner network
Trusted partnerships: We work with top banks, audit firms, lawyers, and accredited registration authorities.
One-stop-shop approach
All-in-one business support: We provide everything your project needs without the hassle of searching for multiple partners.
Why Virtuzone?
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:
- Industry-leading expertise in free zone, mainland and offshore company formation in the UAE
- In-depth local market insight from a team of experienced Company Formation Specialists
- One-stop-shop service for all your business setup and corporate services needs
- Excellent customer service from 150 staff members speaking 40 languages
- Strategic partnerships with all jurisdictions in the UAE and with government agencies, such as the Dubai Chamber of Commerce and Industry and the Dubai Investment Development Agency (Dubai FDI)
- Largest network of partners and service providers in the industry
Join 75,000+ happy customers
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.
