The thought of a Dubai company bank account setup in another country can be a daunting task for the best of us.
Questions documents and foreign territory can all make us hesitant as to how to proceed.
With limited information online about how to get one and many different stories of banks being difficult when it comes to account opening this is where we are here to help.
Our job is to make this process as comfortable and streamlined as possible for our clients, this happens through being by your side from inception to execution so we can guide you through the account setup process by fully understanding your business with you and ensuring the bank understands this.
We will guide you through the compliance jungle to get your account open and not just open but STAY open which is the most important objective for your business.
Our network of banks and bankers is extensive as the day is long. We know them all have worked with many and wont work with a few. The world of banking runs in cycles with different banks having appetites for different types of business in almost season like terms. To name a few which we have relationships with please see the below. All have various requirements and minimums for opening accounts which we will explain to you when you are ready.
- Emirates NBD
- Mashreq Bank
- RAK Bank
- Emirates Islamic Bank
- NOOR Bank
We have built the best connections with the relationship managers of these banks and can facilitate the meetings you need to enable you to get the account you want with the bank you need for your business.
No matter the size or type of account you need from Salary, Offshore, Non residential or multinational corporation we have the facility for your business.
We know you need your account opened as quickly as possible and with todays banking regulation and compliance we make no bones about the situation taking time dependent on your business activity and your situation.
Get in contact with us today to arrange your bank account opening in Dubai.
A little bit about the taxation situation in Dubai is explained below.
Tax – All UAE Residents are covered on a 0% taxation rate for all of the following but not limited to:
- Corporation Tax
- Capital Gains tax
- Income tax
Essentially once you are resident you are a tax free citizen, this also means whilst traveling to VAT heavy countries you can claim amounts back in the airport making your shopping significantly cheaper.
VAT – Vat is charged in the UAE at a rate of 5% this includes businesses however like all countries businesses will claim this back dependent on collection of VAT.
Prompt, professional, yet easy going. The crew at Falcon Corporate Services have managed to set up our company in one of Dubai’s Free Trade Zone in less than three week, obtained all of our licenses, permits, and visas, and had our operation up and running in no time. Andy and his team of consultants were way more helpful than expected, picked us up at the airport, had our accommodation, transportation, and all of the legal procedure prearranged. All we had to do was “Show Up”. Thank you for all your help. You guys are amazing!
Interested in doing business in Dubai or the UAE, no matter where, whether inland, offshore, or in one of the “Free Zones”. You have to take advantage of the services offered by these guys. They do it all from corporate licensing, visits and residency visas, set up your office even your or your company’s bank account. They are very helpful, informed me with all of my options and provided me with their recommendations. The “no pressure sales tactics” were very appreciated by me and my partners. Saved us some $$$ and a lot of hassles. Highly recommended!
I would like to provide a comment on service provided by Falcon Corporate Services Dubai to set up a business for my wife and I in UAE. Service provided by Falcon was outstanding, professional and very clear and transparence. Specially, I would like to comment on Mr. Alex Farrow’s outstanding support. He was always responsive, available and working with him, you feel you have a share goal and mission to achieve. Many thanks Alex!
Really impressed with the professionalism and hard work of the Falcon team all throughout my business set up process, I would recommend Falcon and will definitely work with them again.