Opening up a bank account in Dubai, UAE

When contacting Make Fortune, experts will help you quickly open a personal bank account in the UAE with subsequent expert support. The service is provided separately or in combination with other operations related to the opening and registration of a business in the state.

Stages of collaboration
with Make Fortune

1
Apply
We answer all your questions, think over the work plan, negotiate the stages and deadlines
2
Enter into a contract
We draw up a list of services provided and all necessary payments, the total amount of all registration costs is clearly stated in the contract
3
Provide the required information
We undertake all possible preparation and submission of documents, you just need to provide us with correct data
4
Follow the progress of registration
We are available 24/7 during our work. We constantly inform about the status of the process at all stages: obtaining a license, obtaining a visa, opening personal and corporate accounts.
5
Get a positive result
License, visa and Emirates ID received, accounts opened! You can start a business!
6
Business support in the UAE
Our specialists are ready to provide professional support in the areas of tax and accounting support.

Why should you contact us?

Registration of your company in the UAE on a turnkey basis

We help to open corporate and personal bank accounts

We are engaged in registration and renewal of licenses, the VAT registration procedure

We provide assistance in obtaining a resident visa of the country

We carry out a comprehensive audit, help to keep accounting records

Assistance in obtaining permits and certificates

VIP escort We meet clients at the airport, escort them in premium class cars

We work with government agencies, free zones and banks without intermediaries

Maximum transparency in the provision of services. We ensure complete confidentiality of your data

Advantages of personal account in the UAE

Cooperation with the United Arab Emirates is a harmonious development of any business. The main thing is to comply with the established requirements and norms of the law.

 

The main advantages of opening a personal account in the UAE are:

Stable economic situation
Ability to integrate into the international financial system
Use of any world currency
Simplified settlement system in national currency
Mutual offset operations for free settlements
(Third parties can perform transactions, and this action is not considered questionable or illegal)
No need to exchange tax data
Stable economic situation
Ability to integrate into the international financial system
Use of any world currency
Simplified settlement system in national currency
Mutual offset operations for free settlements
(Third parties can perform transactions, and this action is not considered questionable or illegal)
No need to exchange tax data

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    Opening a bank account in the UAE

    The UAE banking system is the most reliable way to keep the profit, as well as currency stability, lack of control and the presence of respectable institutions. You can manage your account from anywhere in the world, which is very attractive for entrepreneurs. The experts of Make Fortune will help you quickly open a private bank account in the UAE, followed by expert support. The service is provided separately or in combination with other operations related to the opening and registration of a business on the territory of the state.

    Benefits of a private account in the UAE

    Cooperation with the United Arab Emirates is the harmonious development of any business. The main thing is to comply with the established requirements and legal norms. The main advantages of opening a private account in the UAE are:

    • stable economic position;
    • possibility of integration into the international financial system;
    • use of any world currency;
    • simplified settlement system in national currency;
    • free settlement transactions (third parties can perform transactions, and this action is not considered dubious or illegal);
    • no need to exchange tax data.

    You can open a bank account in the UAE if you meet the established requirements. The Make Fortune company helps clients in the following areas:

    • company registration in the UAE;
    • collection of documents and preparation for the KYC (Know-your-client) procedure;
    • full support when working with the bank;
    • justification of transactions to confirm the feasibility of transactions;
    • confirmation of the tax resident status.

    To open a bank account in the UAE, you will need the following documents:

    • resident's passport and visa;
    • resume (a very important document. It should reflect your professional career as much as possible. It's very carefully checked by the bank);
    • private account statement (the period for which the statement must be provided depends on the bank, usually 3 - 6 months). It must be translated into English;
    • proof of residential address.

    Make Fortune works closely with major UAE banks. The organization's experts know all the intricacies of the work of financial institutions. Years of experience in starting and running a business guarantees reliable protection and support at all stages.

    Opening a corporate account in the UAE

    You must meet certain requirements when opening a bank account in the UAE. The potential client is obliged:

    • provide a passport of a foreign citizen;
    • provide a statement in a proper form;
    • provide a valid resident visa.

    Features of a private account in the UAE

    You can open an account in a bank in the UAE only if you fully comply with the established requirements, as well as the presence of certain documents. The following services are available for a client who has opened an account:

    • availability of a personal manager;
    • possibility of receiving interest on the balance;
    • large withdrawal limits;
    • accrual of bonus points;
    • approved overdraft;
    • unlimited number of transactions;
    • internet banking.

    Make Fortune provides full support in opening a bank account in the UAE. Experts will help to collect the necessary package of documents and prepare the client in accordance with the established requirements of the system.

    Frequently Asked
    Questions

    Why should I open a bank account in the United Arab Emirates if I have a bank account in another country?

    When you are a resident of the UAE, your account information and funds are protected by the state from being disclosed to other states.

    Would it be possible to open an account remotely?

    Sadly, no. To verify your identity, you must meet in person with a bank representative.

    What are the circumstances under which a bank may refuse to open an account?

    The bank can refuse to open an account if it finds that the customer was involved in a legal violation, or if the customer cannot prove the source of his income.

    For how long does the account remain open?

    There's no expiration date on the account. It's only necessary to follow the bank's current account collateral requirements.

    What are the reasons for closing a UAE bank account?

    If you have opened an account with a bank and have not deposited money into that account within a certain period of time (depending on the bank), your account will be closed. Other reasons for closing an account include transactions with sanctioned countries, as well as failure to provide supporting documentation with transactions.

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