Dubai company formation and banking
Freezone Company with Bank Account in Dubai
Plan incorporation and banking together, while recognising that they are separate approvals. The licence permits specified business activities; the bank independently decides whether to onboard the company.
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A clear route for your business
Prepare evidence of real business operations
Banks may request incorporation documents, owner identification, business plans, customer or supplier contracts, source-of-funds information and expected transactions. Requirements differ by institution; verify the actual checklist before sharing documents.
Documents and application preparation
Prepare trade-name preferences, shareholder details and a clear description of the goods or services you will invoice for. Corporate shareholders and regulated activities may require attested documents or additional approvals. The relevant authority sets the final checklist.
Workspace, visas and banking
Confirm that the facility and authorised visa allocation suit the operating plan. Company immigration registration and individual residence permits are separate steps. Banking support means document preparation and coordination, not a promised account; each institution conducts its own review.
Budget for setup and ongoing obligations
Ask for licence, facility, immigration, visa and consultant charges to be itemised, with renewal prices identified separately. Maintain accounting records and assess applicable tax and audit obligations. Free-zone status is not an automatic tax exemption or unrestricted mainland operating permission.
Official reference: Shams official banking-support FAQs. Confirm current requirements with the relevant authority.
Before your consultation
Details to have ready
- Exact business activities and customer locations
- Shareholder structure and preferred trade names
- Workspace and owner or employee visa requirements
- Setup and renewal budget; expected business transactions
Common questions
Frequently asked questions
Related services and guidance
Information is general guidance, not legal, tax or immigration advice. Fees, eligibility, processing times and approvals are set by the relevant authorities. No approval or banking outcome is guaranteed.