Bank Account Opening Assistance – Corporate & Offshore Accounts

World Class Business Services For Companies Accross UAE

Your Business is Built on Your Finances

Managing your finances in the UAE can be tricky, especially if you are an Indian entrepreneur setting up in a new market. But your finances are the base of all your business activities so get it right from the start.
 
At Flyingcolour®, we help our Indian clients choose the best financial services in the UAE. Whether it’s a local or international bank, an exchange house or a fintech service provider, we guide you through the process. And our experienced team provides end to end documentation support through our network of affiliates to ensure a seamless and compliant bank account opening in the UAE.
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We Put Your Goals First

At Flyingcolour®, we put your financial goals first by creating bespoke banking solutions that match your business needs, values and objectives. For our Indian clients looking to open a UAE bank account we work with the best service providers in the region to deliver tailored solutions that support your long term growth and success.

FREQUENTLY ASKED QUESTIONS

Timeframe varies with the FSP as each has its own internal compliance process. On average it takes 4 to 6 weeks to open a corporate bank account in the UAE.

Yes, Emirates ID of the company’s authorized signatory is required for most UAE banks.

Yes, most local FSPs require a minimum balance of AED 10,000 to AED 500,000 depending on the bank and account type. But zero balance corporate accounts are available with a small maintenance fee.

Yes, the initial process can be done remotely. But depending on the FSP, you may need to visit the UAE to complete identity verification and in-person KYC.

A digital financial service provider allows fully online onboarding, document submission and KYC. A traditional FSP may require branch visit and manual documentation which takes longer time.
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TERMS & CONDITIONS

  • You are solely responsible for the accuracy of all information provided to Flyingcolour® and for ensuring compliance with all applicable laws and regulations set by the UAE Central Bank and relevant authorities.
  • All corporate bank account applications are subject to final approval by the bank’s compliance team. We do not influence or guarantee the outcome.
  • The average time to open a corporate bank account is 4 to 6 weeks from the date all documents are submitted. Please note that timelines may vary based on bank processes and additional document requests.
  • We and the bank may request further information or documents at any point in the process. This may extend the processing time.
  • You must be prepared to provide verified proof of funds and any additional financial disclosures as per the bank’s KYC policies.
  • Applicants with a history of bounced cheques, criminal cases, or banking disputes (in UAE or internationally) may be rejected immediately.
  • We do not guarantee the opening of a bank account. Final decisions and timelines are at the discretion of the bank’s management.

Freezone

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Business Setup In UAE Freezones

Company Formation & Registration, Incorporation in UAE Free zones…

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Freezones in Dubai

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Ras Al-Khaimah Free Zones

Ras Al Khaimah (RAK), located only 45 minutes away from business hub Dubai…

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Abu Dhabi Free Zones

Business venture establishment in one of the free zones in Abu Dhabi is an alluring option for foreign…

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Sharjah Freezone

The Sharjah freezone provides foreign investors with an opportunity to set up their business in the UAE…

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Ajman Free Zone

Looking into setting up a business in one of the free zones in the UAE? Consider going for an Ajman free…

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UAQ Free Zone

The Ahmed Bin Rashed Port & Free Zone is located on the West Coast of the United Arab Emirates…

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Fujairah Free Zone

Fujairah’s strategic & unique location, as the UAE’s only Emirate on East Coast…

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Setting up a business in the UAE — including opening a corporate bank account — can be daunting if you don’t know the local process. That’s where Flyingcolour® comes in. Talk to our expert consultants for free and we’ll guide you through the best route for your business.

Flyingcolour offers full support for Mainland, Free Zone and Offshore company formations across all Emirates of the UAE. We also open corporate bank accounts with local and international banks and work closely with all Government Departments and financial institutions to make your business setup smooth.