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How to Open a Bank Account in the UAE

Author: Artem KovalevPublished:
Article photo: bank account

Opening a bank account in the UAE is one of the least predictable steps when launching a business, timeline-wise.

Banks have different requirements depending on business activity, turnover and ownership structure.

To increase the chance of approval, it helps to prepare a company profile and a description of the source of income in advance. Preparing and translating the documents can be handed over to PRO services.

In some cases, the bank may request a personal meeting with a company representative.

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Artem Kovalev, founder of Prestige Consulting

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Artem Kovalev

Founder & Lead Business Consultant

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