Open an account with a bank in the UAE

Accounts in the best banks in the United Arab Emirates

Need to open a bank account in the Emirates? Please contact Crystal Tax. Working with foreign banks – this is a difficult task, so in this case it is recommended to resort to the services of experienced professionals. Our lawyers have perfectly studied the legislation and regulations of the banks of this state, so they will be able to organize the opening of accounts in the shortest possible time.

We will show you how to open an account in the United Arab Emirates

World experts rate the UAE banking system as reliable and stable, which makes the country very attractive for businessmen, investors, legal entities and individuals from different countries.

Several types of financial institutions of different forms of ownership operate on the territory of the state:

• state;
• commercial;
• investment;
• industrial.

Opening a bank account in the Emirates is allowed for non-residents who are guaranteed:

• security of money savings;
• a wide range of services;
• high quality service

Our lawyers will consult and tell you which bank is better to cooperate with, how to open an account in the United Arab Emirates, help you collect and draw up a package of necessary documentation, and also guide you through the entire process.

What do you need to open an account in the United Arab Emirates?

The duration of the procedure is approximately two weeks. For individuals, non-residents, it is possible to open only a savings account, under which a debit card is issued for withdrawing money.

Different banks set minimum and maximum deposit amounts, they may vary, but almost every institution will need to provide approximately the following list of documents:

• passports;
• visas;
• an extract from a credit institution for six months;
• income documents;
• Receipts for utility bills

Why are utility bills one of the required documents? In this way, the place of residence of the future client in the UAE is confirmed.

It is profitable and reliable to order opening an account in the Emirates in our company, since we have extensive experience in this jurisdiction and individually approach the characteristics of each of our clients. We are developing a strategy that is guaranteed to lead to a positive result. The UAE is very scrupulous about the implementation of the law by everyone who operates on its territory, and we strictly work within this framework, therefore we have an impeccable reputation.