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Business Bank Account Dubai

Leave your Business Bank Account hassles to us

Save your time in opening your corporate bank account in Dubai. Our expert team will guide you in fulfilling all banking formalities till your account is successfully opened with a top bank in UAE.
Business bank account dubai

Opening A Business Bank Account In Dubai

Transactions have become a necessity to not just take part in any business activity but also required to run day-to-day tasks. So if you are opening a business in a different country, holding a bank account in that particular country will give you extra benefits when transacting. Business setup consultants like Cohub can make this process super easy and quick to ensure a smooth start for your business.

Opening A Business Bank Account In Dubai For Non Residents

For non-residents that wish to set up a business in Dubai, it will be highly beneficial to hold a bank account in the concerned city i.e Dubai. You are not only entitled to offers that are specific to the region and catered to the people there but you will also have the ease of making transactions. The city’s banks will be more inclined to provide account holders in their banks with better interest rates for loans and other beneficiaries.

Things You Should Know !!

Processing Time

The usual time taken for processing digital applications is 14 - 25 working days and maybe more for in-person applications subjective to each case.

Online Application

Non residents can easily start the bank account procedure online with the help of Cohub. Virtual presence through an online video/phone call will be required.Post the bank's approval of your application, you will be required to physically appear in Dubai to sign the account opening form.

Eligibility Assessment

Our team of banking experts will assess your business activities, yearly turnover and availability of initial deposit for account opening. This survey will aid our team to suggest the most suitable business bank account Dubai based on your requirements.

How To Start A Business Bank Account In UAE?

Once you have acquired all related documents which we will cover below,  you can proceed with the process of setting up your corporate bank account. Make sure to visit various banks and see the type of benefits and offers each bank will offer you and which one will best suit your company. You will be asked for further details other than the documents and details mentioned below depending on the bank you choose to hold an account with.

Requirements/Steps To Open A Business Bank Account In Dubai

We will take your through all the formalities and documentation you must be prepared for before we  process your corporate bank account opening. The documents may vary among Mainland, Freezone and Offshore business bank accounts but here’s an overview of the basic set of documents you will need to set aside to move ahead. :

Benefits Of Corporate Bank Account In Dubai

Any country or city will provide their residents or even non-residents with more offers when the individuals make use of the services that particular city provides. This also applies to the banking sector. Hence, banks provide many lucrative offers and facilities for potential customers to choose from.

Cohub's Expertise In Opening A Corporate Bank Account In Dubai (UAE)

Our expert team will make your bank accounting opening seamless however ,it is important to be aware of the burdens and obstacles you could face in the process of applying and hoping for corporate bank account to operate your business in UAE.

Open Your Account With Few Simple Steps

With a multitude of banks offering different rates of interest and security, it will be quite confusing to choose a bank that is a good match for your business to make your company formation journey efficient. In such an event, Cohub will make the entire process of finding the best-suited banks much easier. Research data of all the banks and offers they provide, the documents that will be required by you, banks that provide good rates for loans, interests and rebates along with any other company banking establishment needs will be taken care of by Cohub.

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Frequently Asked Questions

In the quest for finding a good bank account to settle for, many individuals have had similar doubts running through their minds. Below we have some answers that might be beneficial in easing any thoughts as such.
Which bank is best for business account in UAE?
Abu Dhabi Commercial bank, Commercial bank of Dubai, Emirates NBD Business Banking and Abu Dhabi Islamic Bank are some of the best banks to have business accounts in.
How many weeks does it take to open a bank account in Dubai?
2-3 weeks is the estimated time is takes to open a business account in Dubai.
Can I open a business bank account in Dubai?

Yes, with the documents mentioned above along with some extra details depending on the bank you want to make an account in, you can open a business account in Dubai.

Which bank is best for foreigners in Dubai?
Emirates NBD is a good bank to start with.
How much deposit do I need to open a business account?
Every bank will have varying costs as to how much deposit your account will have to hold.

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