Non-Resident Bank Account Opening

  • Home
  • Non-Resident Bank Account Opening

Non-Resident Bank Account Opening in the UAE

At Al Ittehad Accounting and Taxation Consultancy, we specialize in assisting non-residents, foreign investors, and international business owners with opening bank accounts in the UAE — one of the world’s most stable and secure banking jurisdictions.

We handle the process from start to finish, helping you navigate compliance requirements, prepare documentation, and connect with the right banks that welcome non-resident clients.

Why Open a Bank Account in the UAE as a Non-Resident?

  •  Access to a robust and well-regulated banking system
  •  Enjoy multi-currency banking (USD, EUR, AED, etc.)
  •  Ideal for investment holding, international trade, or wealth management
  •  No personal income tax on bank interest
  •  UAE is a globally recognized financial hub with strong banking privacy

Our Non-Resident Bank Account Services

Eligibility Assessment
  • Evaluate your profile and banking objectives
  • Recommend the most suitable bank based on your country, business type, and needs
  • Advise on available personal or corporate account options
Document Preparation

Help you gather and verify required documents, such as:

  • Passport copy
  • Proof of address (utility bill or bank statement)
  • Source of funds/income
  • Company documents (for business accounts)
  • Guide you in notarization and attestation if needed
Application Submission
  • Complete bank application forms professionally
  • Assist with FATCA, CRS, and compliance disclosures
  • Submit your application and follow up with the bank until approval
Post-Account Setup Support
  • Guide on activating online/mobile banking
  • Assist with debit/credit card issuance
  • Help with linking your account to international transfers and investments

Documents Typically Required

For Individuals (Personal Account):
  • Valid passport copy
  • Proof of address (last 3 months)
  • Bank reference letter or statement
  • Source of income or employment letter
For Businesses (Corporate Account):
  • Company incorporation documents
  • Shareholder and director details
  • Business plan or trade activity overview
  • Company’s financial background

Note: Requirements may vary based on bank and applicant profile.