Usually: company statutory documents (Trade License, MOA), board resolution to open an account, passports and Emirates IDs of all shareholders/directors, proof of company address, business plan or description of activities, information about beneficiaries.

In most cases, a registered address in the UAE is required. However, banks accept virtual offices or business centre addresses if a valid licence is available.

The most famous banks in the UAE: Emirates NBD, First Abu Dhabi Bank, Emirates Islamic Bank, Mashreq, RAK BANK, Dubai Islamic Bank.

For personal accounts, it usually takes from one day to two weeks, and for corporate accounts, from three days to several weeks.
The timeframes depend on the chosen bank, residency status, company structure, documents provided, and the speed of the KYC/AML check.

They vary depending on the bank and account type. For some accounts, the minimum balance is 10,000 AED, while for premium accounts, it is 500,000 AED and above.

Yes. Banks request financial statements, contracts, invoices and other documents to verify the origin of the money.

KYC (Know Your Customer) and AML (Anti-Money Laundering) are mandatory banking procedures for customer identification and prevention of illegal money laundering. The bank may ask additional questions and request documents.

Some banks allow preliminary submission of documents through an agent, but usually at least one visit by the manager or authorised representative is required. Our company provides the opportunity to open accounts without visiting a bank branch, completely remotely.

Stability of the banking system, confidentiality, possibility of multi-currency transactions, tax advantages.
How do we help our clients?
Full support: choosing a bank, preparing documents, consulting on KYC/AML requirements, coordinating meetings.

Yes, it is possible. Most banks require a registered address in the UAE, but it can be confirmed through a virtual office or business centre address.
Our team provides full legal support and assistance in preparing all necessary documents to confirm the company's address in accordance with the requirements of banks and UAE legislation.

Yes. Some banks in the UAE allow non-residents to open accounts without requiring an Emirates ID.
However, there may be certain conditions:
higher minimum balance requirements
restrictions on transactions
additional verification of the origin of funds (AML/KYC procedures)
We will recommend suitable banks and their terms and conditions during an individual consultation.

Are there any restrictions on transactions?
Yes. UAE banks apply a policy of compliance with anti-money laundering and counter-terrorist financing (AML/CFT) legislation.
This means that:
the bank may set limits on certain types of transactions
confirmation of the economic rationale for large transfers will be required
transactions may be blocked if they do not comply with KYC/AML requirements
Such restrictions are always discussed individually during a consultation. We will explain in detail how to structure your business and personal finances so that all transactions comply with the requirements of the bank and UAE legislation.

Our team of lawyers and banking consultants provides:
- preliminary verification of all documents for compliance with the requirements of the selected bank
- assistance in confirming the source of funds, taking into account AML/CTF practices
- legally correct registration of the corporate structure and beneficiaries
- selection of a bank that suits your business profile and personal goals
- full support during negotiations and application submission