Why banks are careful
UAE banks apply strict compliance rules. Expect questions about your clients, suppliers, countries you trade with and expected monthly turnover.
Documents
- Trade licence, memorandum and share certificate
- Passports and Emirates IDs of shareholders
- Office lease or flexi-desk agreement
- Proof of home address and a CV
- Contracts, invoices or a website showing real activity
Tips
Apply at a bank that works with your free zone, keep the minimum balance, and answer compliance questions quickly. Digital banks approve small companies faster than the large ones.