Corporate bank account in the UAE: a complete file, the first time
Banks in the UAE decide on every account under strict know-your-customer rules. We help mainland and free zone companies choose suitable banks, prepare a complete and consistent file, and follow up until the bank gives its decision.
What banks look for
UAE banks must understand who owns your company, what it does, where its money comes from and who its clients are. Most delays come from files that are incomplete or inconsistent: an activity on the licence that does not match the business plan, missing proof of address, or unclear source of funds.
We review your company and your shareholders before you apply, so the story the bank reads is clear, complete and the same on every document.
- Clear explanation of your business model and clients
- Licence activities that match what you will actually do
- Proof of source of funds and source of wealth
- Expected monthly turnover and countries you trade with
- Consistent names, addresses and signatures on every document
With Tajnes
- Shortlist of banks that fit your profile
- Document checklist tailored to each bank
- Company profile and business summary prepared with you
- Introduction to bank relationship managers where possible
- Follow-up on questions until a decision
- Guidance for your personal UAE account too
Documents banks usually ask for
Exact requirements differ by bank and by activity.
| Document | Why the bank needs it |
|---|---|
| Trade licence and company documents | To confirm the company exists and what it is licensed to do |
| Memorandum or articles of association | To see owners, shares and who can sign |
| Passports, visas and Emirates IDs of owners and signatories | Identity checks on everyone who controls the company |
| Proof of residential address | Address checks for owners and managers |
| Business plan or company profile | To understand your activity, clients and expected turnover |
| Source of funds and wealth evidence | To confirm where the starting capital comes from |
| Contracts, invoices or letters of intent | To show real business activity, especially for new companies |
| Office tenancy or flexi-desk agreement | To confirm the company address |
Some banks also ask for bank statements, CVs of shareholders, or an interview with the signatory.
Our bank account process
We review your activity, shareholders, nationalities and expected turnover.
We suggest banks that usually accept profiles like yours.
We prepare the checklist, company profile and consistent documents with you.
You or your signatory apply, and we coordinate meetings and questions.
We follow up with the bank until it gives its decision, and help with any extra requests.
Timelines and minimum balances
Account opening often takes a few weeks once the file is complete, but each bank sets its own timeline. Some banks require a minimum average balance, and fees differ by account type.
We explain these points before you choose a bank, so there are no surprises after the account is opened.
- Timelines depend on the bank and on how complete your file is
- Minimum balance and monthly fees vary by bank and package
- High-risk activities and some nationalities need extra checks
- The bank can ask for more documents at any stage
Please note
- Account approval is decided by the bank only
- We cannot guarantee that any bank will open an account
- Our role is preparation, guidance and follow-up
- Scope as per your agreement with Tajnes
Questions clients ask us
How long does it take to open a corporate bank account in the UAE?
It usually takes a few weeks after the bank has a complete file, but timelines differ by bank, activity and shareholder profile.
Can a free zone company open a UAE bank account?
Yes. Free zone and mainland companies can both open UAE corporate accounts, subject to each bank's checks.
Do I need to be in the UAE to open the account?
Many banks ask the signatory to attend in person or by video at least once. We tell you each bank's rule before you apply.
Can you guarantee my account will be opened?
No. Only the bank decides. We make your file complete and clear, which improves your chances and avoids unnecessary delays.
Do you help with personal accounts as well?
Yes. We guide owners and staff on opening personal accounts once they hold UAE residence.
What does your bank support cost?
Our service fee is set in your written quotation. Bank fees and minimum balances are set by the bank and are separate.
Prepare a bank file that gets read
Tell us about your company and we will suggest suitable banks and a clear checklist.
