Business Account in the UAE

Services Bank Accounts Business Account in the UAE

Open your Business Account Online with MoneyBiz

MoneyBiz business accounts are packed with great benefits and securities. We give easy access to manage your Business Finance with us. We are specifically known for opening business accounts for small businesses in the UAE. Our business account system is designed to meet entrepreneurs and small business requirements in opening a business bank account. Get your business account with the least minimum balance with MoneyBiz.

Requirements To Open a Company/Business Account in UAE

SOLE EST Requirements:

Trade License.
Chamber of Commerce Certificate.
ORIGINAL MOA/ Articles of Association/ Gen Partnership Agreement.
Sole Owner's most recent 3 month's bank statement.
EJARI with Makani number OR Tenancy Contract with office's most recent utility bill.
VAT Certificate letter confirmation (not mandatory).
Passport and EID of the Sole Owner.
Company Headed Paper and Stamp (approx 5) (not mandatory).
Lists and invoices of suppliers and clients - at least 3 each.

LLC Requirements:

Trade License.
Chamber of Commerce Certificate.
ORIGINAL MOA.
VAT Certificate Declaration.
EJARI with Makani number or Tenancy Contract of the office.
Government Employee List (if available).
Passport, EID and Visa of all the partners.
Most recent 3months bank statement - Personal account.
Most recent Utility Bill of all partners and company – i.e. electricity or internet bill.
Lists and invoices of suppliers and clients - at least 3 each
Company stamp to bring along

FZ, FZE, DMCC, JLT, DWC Requirements:

Trade License.
ORIGINAL MOA/ Articles of Association/ Gen Partnership Agreement.
VAT Certificate - Declaration Letter.
Tenancy Contract of the office - EJARI number of the building.
Shares Certificate.
Certificate of Incumbency.
Passport, EID and Visa of shareholders - Original to be seen.
Company's Bank Reference Letter from the other UAE bank account.
Most recent Utility Bill of shareholders and the company- i.e. electricity or internet bill.
Most recent 3 months UAE personal bank statement - if the company is newly established.
Lists and invoices of suppliers and clients - at least 3 each

Eligibility

Age: 21+ years

Good Credit Score.

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