Business Accounts

Open a Business Account in Dubai with clear documentation guidance, bank selection support, and a structured onboarding approach. Whether you’re a new company, SME, or growing business, we help you meet the compliance requirements and ensure a smooth account opening process.

Why Businesses Choose Our Support

Faster, guided application process for our clients

Assistance with compliance, KYC, AML & bank policy requirements

Suitable options for Mainland, Free Zone & Offshore companies

Local UAE banking & fintech platform expertise

Available Business Account Types

Current Account (for daily business transactions)
Call/Deposit Accounts (for holding surplus funds)
Multi-Currency Accounts (for international trade)
Digital Business Accounts (quick online onboarding options)

Consulting 85%

Management 76%

Brainstorming 92%

Investment 65%

Key Features

Seamless online & mobile business banking
Effortless local & international transfers (SWIFT/IBAN)
Streamlined payroll, WPS & corporate card management
Integrated POS, Payment Gateway & cheque services

Eligibility Requirements

Valid Trade License (active & updated) & MOA (Memorandum of Association)
Authorized Signatory and Shareholder documents
Business activity & business model clarity
UAE physical presence or digitally verifiable operations

Documents Required

Trade License, MOA/AOA, Establishment Card & Lease/Ejari
Passport, Residence Visa, Emirates ID, Mobile # & Res. Addresses
Last 6–12 months company or shareholder bank statements
Business plan, invoices, contracts, website & operational proof

The steps we follow to
achieve your goals

We follow a focused, step-by-step process designed to turn your vision into results. Each stage is structured to keep you aligned, informed, and moving toward your goals.

Step – 1

Understand your structure & business activity

Outcome: Avoids mismatched bank selection

Step – 2

Pre-check documents

Outcome: Reduces compliance issues & delays

Step – 3

Apply with the most suitable bank / platform

Outcome: Higher approval probability

Step – 4

Assist onboarding until account activation

Outcome: Smooth, guided completion

frequently asked questions

What types of Business Accounts are available in the UAE?Akber Laasi2025-11-09T23:07:01+00:00

What types of Business Accounts are available in the UAE?

Banks offer Current Accounts, Multi-Currency Accounts, Deposit Accounts, and Digital Business Accounts, depending on your operational needs.

What is the typical minimum balance requirement?Akber Laasi2025-11-09T23:06:01+00:00

What is the typical minimum balance requirement?

Traditional business accounts generally require a monthly minimum balance of AED 10,000 to AED 50,000. Digital business accounts may offer zero-balance options for startups.

Can a newly formed company open a Business Account?Akber Laasi2025-11-09T23:05:07+00:00

Can a newly formed company open a Business Account?

Yes. However, banks may request additional documents, such as a business plan, invoices, contracts, or proof of physical or operational presence.

Why do banks perform KYC and AML checks during business account opening?Akber Laasi2025-11-09T23:09:14+00:00

Why do banks perform KYC and AML checks during business account opening?

Banks are required by UAE regulations to verify business legitimacy, source of funds, and nature of transactions to ensure compliance and prevent financial risk.

What documentation is required to open a Business Account?Akber Laasi2025-11-09T23:00:56+00:00

What documentation is required to open a Business Account?

Trade License, MOA, Passport and Emirates ID copies of shareholders, corporate bank statements (if available), and operational proof when requested.

Are Sharia-compliant business banking options available?Akber Laasi2025-11-09T23:01:51+00:00

Are Sharia-compliant business banking options available?

Yes. Leading UAE Islamic banks offer Sharia-compliant business accounts with profit-based structures instead of interest.

Can Free Zone companies open UAE Business Accounts?Akber Laasi2025-11-09T23:02:49+00:00

Can Free Zone companies open UAE Business Accounts?

Yes. Most UAE banks accept Free Zone companies, provided business activity and ownership are transparent and meet compliance requirements.

What factors influence approval time?Akber Laasi2025-11-09T23:09:26+00:00

What factors influence approval time?

Business activity, ownership structure, shareholder background, and clarity of transactions have a major impact on approval and compliance review speed.