Opening bank account in Dubai - What are the required documents?

Dubai is one of the friendly jurisdictions for foreign investors and business owners to set up a business. Opening a Corporate Bank Account in Dubai is an easy and simple process if you know the right required documents. One IBC^® can support you open a bank account in Dubai and make the process simpler for the applicants.

During the time of the process, bankers may ask further questions or require more documents to open a bank account.

List of the usual documents requirements for opening a bank account in Dubai, UAE:

• Copy of trade license;
• Copy of MOA/AOA;
• Copy of share certificate;
• Copy of Certificate of Incorporation;
• Copy of page of shareholder’s passport with UAE entry stamp;
• Copy of Emirates ID of shareholder (if the shareholder is UAE residence);
• Copy of Visa page of shareholder (if the shareholder is not UAE residence);
• List a few prospective clients/ or existing clients;
• Copy of bank statement of the shareholders (no more than 6 months);
• Copy of utility bill of the shareholders with showing the proof of address;
• Copy of corporate legal documents and bank statements (for the shareholder if they have other companies outside the UAE).

Read more:

• Opening offshore bank account in Dubai
• Offshore company in Dubai