Corporate Bank Account in UAE
Secure. Compliant.
Business-Ready.
At Upzone, we make corporate banking in the UAE simple and strategic. Opening a business bank account is one of the most crucial steps after your company setup, yet it can often feel complex due to compliance checks, documentation, and bank requirements.
Our experts streamline the process, guiding you through every stage so your company gains fast, secure, and reliable access to banking services in Dubai and across the UAE.
About UAE Banks
Confidential. Reliable. Globally Respected.
The UAE banking system is recognized as one of the safest and most attractive in the world for entrepreneurs and investors. Unlike many offshore jurisdictions affected by the Common Reporting Standard (CRS) where financial details are automatically shared with tax authorities. UAE banks provide a level of confidentiality unmatched by traditional financial centres such as Singapore or Switzerland.
Beyond privacy, UAE banks are supported by a strong and independent economy, free from reliance on external global financial institutions. This stability, combined with modern banking services and global credibility, makes the UAE a premier destination for opening a corporate bank account.
For business owners and foreign investors, choosing a UAE bank is not just about security, it’s about trust, growth, and long-term financial freedom.
Step by Step Guide
Open a Bank Account in the UAE
in simple 5 steps
Select
Bank
Type
Prepare
Required
Documents
Submit
Bank
Application
Complete
KYC
Checks
Account
Activation
Approval
Reasons to Select UAE Banks
Learn about a non-reportable UAE bank account worldwide.
Unlike other offshore jurisdictions under the Common Reporting Standard (CRS), UAE banks are not subject to automatic financial reporting. This ensures greater privacy, strong compliance, and global credibility — making the UAE one of the world’s most secure banking destinations.
Confidential Banking
100% Foreign Ownership Friendly
Global Reputation
Strong Economy
Multi-Currency Accounts
Advanced Digital Banking
Support for International Trade
Wide Banking Network
Ease of Capital Repatriation
Business Growth Support
Have a question?
Get in touch today
Our expert company DMCC consultants in Dubai are always
available to answer your queries.
Documents & Eligibility
How We Can Help You Open a UAE Bank Account
Navigating the UAE banking system can be complex, but with the right guidance, it becomes a seamless and efficient process. At Upzone Business Consulting FZCO, we leverage over 14 years of experience and strong relationships with the country’s leading banks to support individuals and businesses in opening bank accounts with confidence.
Our personalized, client-focused approach has enabled us to maintain a 100% success rate in bank account openings since 2018.
What You Can Expect with Upzone
- End-to-End Account Monitoring
- Personalized Evaluation
- Transparent Progress Updates
- Full Application Support
- Tailored Business Documentation
- Relationship Officer Coordination
- Proactive Assistance
With Upzone, opening a UAE bank account becomes strategic, streamlined, and secure, giving you the confidence to focus on growing your business or managing your personal finances.
Testimonial
Hear directly from our clients!
UAE'S TOP BANKS
Top banks in the UAE based on Upzone Business Consulting FZCO version
Each bank in the UAE has a different process for opening a corporate bank account. These are the top 6 UAE banks that we have a long history of working with and that we heartily recommend to our clients. The bank account opening packages, with and without a dedicated relationship manager (RM), that have a minimum maintenance balance total across all currencies on the account are listed below.
First Abu Dhabi Bank
(FAB)
- Advantage – 250,000 AED (with RM)
- Preferred – 500,000 AED (with RM)
Emirates Islamic
Bank (EIB)
- Gold – 100,000 AED (with RM)
- Platinum – 250,000 AED (with RM)
Dubai Islamic Bank
(DIB)
- Plus – 250,000 AED (with RM)
- Premium – 500,000 AED (with RM)
Mashreq Bank
- Premium – 150,000 AED (with RM)
- Platinum – 350,000 AED (with RM)
- Priority – 1,000,000 AED (with RM)
Emirates NBD (ENBD)
- Business Banking Plus – 200,000 AED (with RM)
- Business Banking Select – 500,000 AED (with RM)
RAKBank
- Business Current – 25,000 AED (with RM, online application only)
- RAKelite – 500,000 AED (with RM)
How can we help?
Freezone license FAQ
Here are a few of the common ones that we get, along with answers to the questions. Contact us if any of your questions are not answered here.
1. Who can open a bank account in the UAE?
Both residents and non-residents can open bank accounts in the UAE. Residents typically require a valid Emirates ID and proof of address, while non-residents may need a passport, visa, and additional documentation depending on the bank.
2. What types of bank accounts are available in the UAE?
The UAE offers a range of accounts for individuals and businesses, including:
- Personal Current Accounts – day-to-day banking and salary deposits.
- Savings Accounts – interest-earning and flexible options.
- Corporate Accounts – tailored for businesses of all sizes, including free zone and mainland companies.
- Specialized Accounts – investment or multi-currency accounts for international transactions.
3. How long does it take to open a bank account?
With proper documentation and preparation, most accounts can be opened within 5–10 business days. Complex corporate accounts may take longer, but our team ensures timely updates and proactive support throughout the process.
4. What documents are required to open a bank account?
Requirements vary by bank and account type, but typically include:
- Passport and visa (for residents)
- Emirates ID (for residents)
- Proof of address
- Bank reference or financial statements (for certain accounts)
- Company trade license and shareholder documents (for corporate accounts)
Our team helps prepare and tailor all documents to meet bank-specific requirements, minimizing delays or rejections.
5. Can Upzone assist if I am opening an account remotely?
Yes. We provide end-to-end support for remote account openings, including:
- Document preparation and verification
- Scheduling meetings with relationship officers
- Coordinating interviews and follow-ups
- Providing updates throughout the process
With Upzone, you can open a UAE bank account confidently, even from outside the country.
