Opening a business bank account in the UAE or GCC can be a challenging process, as you need to go through several strict compliance procedures mandated by the UAE Central Bank. With our bank account opening service, this doesn’t have to be the case.

Our team will assist you in opening a bank account, guiding you through each stage and ensuring you have a hassle-free experience. Looking for Business Bank Account Opening Services in UAE, KSA, Qatar, Bahrain and Oman? Contact BMS Auditing.

Corporate/Company Bank Account Opening

A company – be it onshore or offshore – will require a bank account to undertake any kind of business. After getting your trade license, the next step is usually the company account process. Every company needs a central point for all company transactions. This particular process is notably different to that of a personal account and requires a reliable banking consultant such as BMS.

We help you to successfully navigate the documentation and approval phases. BMS Auditing is registered with the Central Bank of UAE and have an excellent working relationship with all the major banks in the country.

Documents required for Business Bank Account Opening

Below is the list of required documents for the establishment of the bank account;

      • 6 months bank statements this shall reflect the transactions in the company account (for existing companies opening new branches) for the months preceding the application. If it’s a new establishment, owner’s personal bank account statements shall suffice.
      • A Copy of your trade license
      • Owner’s passport copy
      • Emirates ID
      • Visa Copy
      • Ejari (we shall facilitate this for you once the trade license is ready)

Please note that individual banks may ask for additional documentation to ascertain the submitted details. BMS Corporate will ensure that you get a Personal Relationship Manager for all your consultancy needs. This procedure shall come after the trade license has been processed and the Emirates ID and UAE Residency Visa granted.

The corporate account setup process comprises of three main phases;

      • Initial document submission
      • Pre-approval process
      • Approval and deposit for activation

Looking for Corporate Bank Account Opening Services?

We endeavor to ensure that our clients get the best services in the market. BMS goes for more than just satisfaction; we seek to give you an unforgettable experience. Our expert banking consultants have a deep knowledge of the banking system in UAE and the GCC Region at large, and we ensure that you get a tailored-to-fit solution.

One key aspect of our banking consultancy is recommending the best options in the market to suit your specific banking needs, and facilitating the application process so that you get an account in your facility of choice. 

BMS Auditing can guide you through the process and help you prepare all necessary documentation to facilitate an account application. We will get you your corporate bank account by providing fast and reliable business bank account opening services in UAE, KSA, Qatar, Bahrain and Oman.

Our auditing firm produces outstanding and distinctive audit reports, and we provide a wide range of professional auditing and accounting services to meet the needs of various business clients, including:

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