For Free Bank Account Opening

Please note with below banks you can open your Zero balance account easily, click on the link and follow the steps.
bank account opening in uae

RAK Bank - RAK Starter Account

bank account opening in uae

Mashreq Neo BIZ

Before choosing which type of bank account to open and which UAE bank to choose - contact our experts to get a free advice and we will find the best solution which will suit your business needs and budget the best.


Personal Resident Bank Account OpeningStarting from AED 1,0003-7 working days
Personal Non-Resident Bank Account OpeningStarting from AED 3,6995-10 working days
Corporate Bank Account Opening for UAE Offshore company in UAE BankStarting from AED 9,2004 weeks
Corporate Bank Account Opening UAE Free Zone/LLC CompanyStarting from AED 3,5003 weeks
Corporate/Individual Bank Account ClosingStarting from AED 1,8504-10 working days
General Consultation on Bank Account OpeningStarting from AED 1,850Cost per 1 hour
* All fees are subject to an additional 5% VAT charge.
It includes.

We Offer the following

Bank Account Services!

bank account opening in uae

After setting up a company in the UAE you can apply for a personal and corporate Bank Account opening as a UAE Resident.

Such Bank Accounts are the most beneficial for foreign investors because they are non-reportable and provide many opportunities to bank account holders.

  • Non-reportable bank account
  • Cheque book
  • Any bank facilities
  • Online banking
  • Debit and credit cards
  • Dedicated Account Manager

bank account opening in uae

If you did not obtain UAE Residency and are willing to open a UAE Bank Account for yourself or your business, then there will be certain restrictions which you will face after opening a Non-resident Bank Account in UAE.

It should be mentioned that such a bank account will be:

  • Reportable to the jurisdictions of the owners’ tax residency
  • Takes more time to open
  • Limited in bank facilities
  • Limited in online banking
  • Not allowed for issuing credit or debit cards

bank account opening in uae

If you want to open an Offshore Bank Account in UAE here are the benefits and restrictions of such Bank Accounts:

  • Extra secured and have the highest privacy level
  • Allow 100% repatriation of capital and profits
  • Fast to open
  • Can be opened without UAE Residence Visa
  • Have no currency or funds transfer restrictions
  • Have user-friendly online banking system
  • Not eligible for cheque books, credit or debit cards and ATMs



At EBMS Business Services we are proud to leverage over 12 years’ experience in opening all types of personal and corporate Bank Accounts in UAE, strong connections with the TOP UAE Banks, and serve our Clients to meet all the requirements for a successful opening of a Bank Account in the UAE.

Our hyper-personalized approach to all Clients resulted in 100% Bank Account Opening Success Rate in 2018 and 98% Success Rate in 2017.

bank account opening in uae
bank account opening in uae
bank account opening in uae


Follow-up of Bank Account opening
Regular updates on the status of your application
Introduction to your official Relationship Manager
Scheduling the meeting with Relationship Officer of a chosen bank
Full assistance during UAE Bank Account opening application and interview
Coordination with Relationship Officer before account opening application meeting
Assessment of individual/corporate background
Preparation of required documents with a company profile specially crafted for banks



These days, the vast majority of offshore jurisdictions are facing serious problems due to implementation of the Common Reporting Standard (CRS), under which all your financial data is reported to the country of your tax residency (in a CRS participating jurisdictions). Today, even Swiss and Singapore banks can’t ensure 100% secrecy of their customers’ data.

In this spotlight, UAE banks are the best option as the UAE Resident bank account information is non-reportable. Aside from that UAE banks have a strong economic performance and autonomy from international financial organizations what makes UAE a highly desired destination for foreign businessmen and investors to park their monetary assets.

bank account opening in uae
bank account opening in uae
bank account opening in uae
Full exemption from taxation of interest
Economic Stability 1 USD = 3.6725 AED since 1997
No currency exchange regulations
Best Modern Online Banking
Innovative Banking Facilities with Apple Pay, Samsung Pay
Multicurrency Bank Accounts
Dedicated Relationship Manager
UAE ranked World's 2nd safest country
Access to Global Investment Opportunities

Learn more about reportable and non-reportable UAE Bank Accounts in in-depth article of our expert: “CRS and Its Impact on UAE Bank Account Holders”

Please find below required documents to open a business bank account ( depend on banks this can vary).

Once you have prepared all these documents we will review, and finalize everything prior to the meeting with the banking representative.

Please note that Bank account opening will be always subject to approval if any case we are not able to open your business bank account will refund 50% above fees 

If you have any concern feel free to contact us anytime, we will be more than happy to assist you


By EBMS Business Services

The procedure for opening a Corporate Bank Account in the UAE varies from bank to bank. Below we provide the list of TOP-5 UAE Banks with which we work for many years in a row and highly recommend them to our clients.

In the provided list you can find the Bank Account Opening packages with minimum maintenance balance total from all currencies on account, with and without dedicated Relationship Manager (RM).

bank account opening in uae

Emirates Islamic bank

bank account opening in uae

Emirates NBD

bank account opening in uae

Dubai Islamic Bank

bank account opening in uae

Mashreq Bank

bank account opening in uae

First Abu Dhabi Bank

bank account opening in uae


When opening a Bank Account in the UAE there is a bewildering array of complex steps and procedures you have to go through. Therefore EBMS Business Services  offers its services to help you open a Corporate or Personal Bank Account which would save you a big chunk of your precious time.


There are 28 foreign and 22 local UAE banks.

They are First Abu Dhabi Bank, Emirates NBD and Abu Dhabi Commercial Bank (based on total assets of banks at the end of the 2017 year).

All banks in UAE, local and foreign, are safe and provide efficient services. However, local banks are more flexible with SME companies in terms of chances of getting the approval for Bank Account Opening in the UAE and credit facilities.

In 2017 UAE raised to the 4th place as the country with the biggest wealth inflows, which proves UAE as a safe financial jurisdiction for investors to keep their monetary assets in the UAE Bank Accounts. So yes, it is absolutely safe.

The UAE current Bank Account is the account, where the signatory is the UAE Resident, Call Account is the one, where the signatory is a Non-Resident.

UAE local banks don’t charge any fees for Bank Account Opening.

Yes, UAE banks provide multicurrency Bank Accounts in AED, USD, Euro, GBP, CHF etc. There is the possibility to apply to the multicurrency Bank Account in most UAE banks without additional service fees or maintain a minimum, or average balance for the Bank Account.

You can apply for current (Resident) Personal Bank Account at any UAE local or foreign bank. Choose the right bank which offers all the facilities you are looking for, and where you can qualify to their minimum maintaining balance requirement.

Yes, as the foreigner you can open a Personal Bank Account in UAE. Most of the banks in Dubai/UAE require min AED 100,000 (USD 27,249) as the monthly average balance to open a Non-Resident Personal Bank Account in Dubai/UAE.

3-7 business days and 5-10 business days respectively. The time frame can vary from case to case.

  • Emirates ID

  • Passport copy

  • Valid UAE Residence Visa

  • Utility Bill issued within last 3 months for your UAE residential premises, rented or owned

  • Salary Certificate from employer or contract with the employer (for employees). For investors, it should be the latest corporate document, showing ownership in the company

Any bank may require additional documents based on their special requirements and submitted case.

• Passport Copy
• Proof of address issued within the last 3 months
• CV
Document proving the source of the applicant’s income (it can be the latest 3 months personal bank statement or corporate bank statement which applicant owns). Make your application process hustle-free and hire a Professional Business Consultant when applying to the UAE Non-Resident Bank Account. Contact EBMS Business Services for free expert advice.

Yes, you can have as many bank accounts as you like in different UAE banks. There are several reasons to have more than one Bank Account. You can check the benefits of having an alternative corporate bank account in one UAE banks for your company in our expert blog.

Yes, the presence of the signatory is mandatory to apply to Bank Account opening in UAE. The banker should verify the original passport and meet the signatory personally. This rule is valid for all UAE Bank Accounts: Resident, Non-Resident and Offshore Bank Accounts in the UAE.

There is no min amount of money required to open a bank account or the initial deposit in order to open the Bank Account, like in other countries. However, UAE banks require to maintain a monthly average balance for the Bank Account. During applying for Bank Account opening in the UAE, the specific package will be chosen upon your needs.

Please, check our expert blog to know more about CRS in the UAE banking system and what Bank Accounts are considered to be reportable and non-reportable.

bank account opening in uae

Still have questions? Please, contact our Experts in UAE Corporate Services and Bank Account Management for the professional advise at [email protected] or call by clicking on the form below.

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Bank Accounts

We work closely with the following banks for opening bank accounts of our clients.

bank account opening in uae

Bank Accounts

We work closely with the following banks for opening bank accounts of our clients.

bank account opening in uae
bank account opening in uae
bank account opening in uae
bank account opening in uae
bank account opening in uae