Open a Business Bank Account in Dubai – Fast, Compliant & Guided by Experts

Need a corporate bank account in Dubai for your mainland or free zone company? We make it simple.

At OfinGlobal, we guide you through the full banking journey—from selecting the right bank to handling compliance paperwork—so you can run your business with confidence.

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Why You Need a Business Bank Account in Dubai

A corporate bank account is more than just a legal requirement—it’s the foundation of your business operations in the UAE.

With the right bank account, you can:

  • Manage local and international transactions
  • Pay vendors and employees
  • Track business cash flow
  • Build credibility with partners, suppliers, and regulators

The UAE’s top-tier banking infrastructure supports businesses of all sizes—from startups to global entities—offering robust features like:

  • Multi-user access
  • Secure digital banking
  • Payroll integration
  • Business loans and credit facilities

Documents Required to Open a Corporate Bank Account in the UAE

Required by most major banks (Emirates NBD, FAB, ADIB, Mashreq, etc.):

Valid Trade License

Certificate of Incorporation

MOA / AOA

Passport & Emirates ID of shareholders

Board Resolution

UAE office lease agreement or Ejari

6-month bank statement (if applicable)

Company profile or business plan

Power of Attorney (if applicable)

Our Role as Your Corporate Banking Consultant

Opening a business bank account in the UAE can feel overwhelming.
That’s where OfinGlobal steps in.

Here’s what we do:

We act as your banking concierge—saving you time, effort, and rejections.

Corporate Bank Account Opening Process

Typical Timeline: 1 to 3 weeks

  • Choose the Right Bank

    Match your business needs with bank features, fees, and credibility. 1–2 days

  • Prepare Documentation

    Trade license, MOA, shareholder details, address proof, etc. 2–5 days

  • Submit Application

    Complete the form and submit to the bank (online or in person). 1 day

  • Compliance & Due Diligence

    Bank conducts background checks and may request more info. 1–2 weeks

  • Approval & Activation

    Once approved, make the initial deposit and begin operations. 1–5 days

Corporate Bank Account Opening Process

Typical Timeline: 1 to 3 weeks

  • Choose the Right Bank

    Match your business needs with bank features, fees, and credibility. 1–2 days

  • Prepare Documentation

    Trade license, MOA, shareholder details, address proof, etc. 2–5 days

  • Submit Application

    Complete the form and submit to the bank (online or in person). 1 day

  • Compliance & Due Diligence

    Bank conducts background checks and may request more info. 1–2 weeks

  • Approval & Activation

    Once approved, make the initial deposit and begin operations. 1–5 days

FAQs – Business Bank Account in Dubai

How long does it take to open a business bank account in Dubai?

Usually 1 to 3 weeks, depending on documentation and due diligence.

Is a residence visa required?

Yes, most banks require at least one UAE resident shareholder.

Can a free zone company open a corporate bank account?

Yes, but some banks prefer mainland companies. We help you choose banks open to free zone entities.

What is the minimum balance required?

It varies by bank—typically AED 25,000 to AED 500,000.

Which banks are best for startups or SMEs?

Mashreq, RAKBANK, Emirates NBD, and ADCB are startup-friendly with lower minimums and strong online banking.

Ready to Launch Your Business in Dubai?

No more banking guesswork. With OfinGlobal, your business bank account is just a few steps away.

Let’s get started today.