FAQs about Emirabiz Services
Opening a business bank account with Emirates NBD is straightforward. You’ll need to provide key documents such as the trade license, Memorandum of Association, passports, Emirates IDs of the company owners, and a board resolution (if applicable). The process can be started online, through the mobile app, or by visiting one of the branches. Once the documents are verified, the account can be set up, and you’ll gain access to all business banking services.
A valid UAE residence visa and Emirates ID are generally required to open an account with Emirates NBD. Non-residents may be eligible for limited types of accounts, but these are subject to additional requirements and conditions.
Account opening can be completed quite quickly once all documents are provided. In some cases, the process is finalized on the same day, while in others it may take a few working days depending on verification and compliance checks.
Certain Emirates NBD accounts can be opened digitally through the bank’s mobile app or online banking platforms, especially for existing customers or UAE residents with Emirates ID. Non-residents usually need to visit a branch in person.
Determining the number of resident visas required under the business license is essential. This includes visas for the business owner, employees, and any family members who may be sponsored. Understanding the specific needs for resident visas will help in aligning the business structure with the intended operations.
The final calculation of the costs for obtaining an employment visa, Emirates ID card, and opening a bank account will be determined by business consultants who will provide detailed information upon contact.
Planning to start a business in the UAE? With Emirabiz, you can navigate the process quickly and effortlessly. We provide expert assistance with company registration, licensing, residency visas, bank accounts, and comprehensive business support.