Unlocking Your Business Potential
Empowering businesses in Dubai to unlock their full potential through our comprehensive range of services and expert guidance.
Mohammad Shahbaz
Founder & CEO, AlSabaMC
Simplify, Thrive, Succeed
Simplifying the complexities of business setup and related services in Dubai, allowing you to thrive and achieve unparalleled success.
Banking Services
Experience a hassle-free process of opening a bank account in Dubai with our personalized assistance, ensuring seamless banking solutions for your business needs.
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Why choose us?
Services
Streamline the process of setting up your business in Dubai with our expert guidance and support.
Bank Account
Simplify the process of opening a bank account in Dubai with our personalized assistance.
Visa Services
Obtain necessary visas for you and the family as well as employees effortlessly with our dedicated visa services team.
VAT & Taxation
Navigate Dubai's VAT and taxation laws seamlessly with the help of our experienced tax consultants.
Golden Visa
Our UAE Golden Visa services offer a streamlined process to obtain long-term residency in the UAE, providing numerous benefits.
VIP Services
Get expedited visa processing within 24 hours with our exclusive VIP services.
Knowledge is Key
We are trusted by more than 700 clients
More than 350 projects were completed
FAQ
There are 28 foreign and 22 local UAE banks.
They are First Abu Dhabi Bank, Emirates NBD and Abu Dhabi Commercial Bank
All banks in UAE, local and foreign, are safe and provide efficient services. However, local banks are more flexible with SME companies in terms of chances of getting the approval for Bank Account Opening in the UAE and credit facilities.
In 2017 UAE raised to the 4th place as the country with the biggest wealth inflows, which proves UAE as a safe financial jurisdiction for investors to keep their monetary assets in the UAE Bank Accounts. So yes, it is absolutely safe.
The UAE current Bank Account is the account, where the signatory is the UAE Resident, Call Account is the one, where the signatory is a Non-Resident.
UAE local banks don’t charge any fees for Bank Account Opening.
Yes, UAE banks provide multicurrency Bank Accounts in AED, USD, Euro, GBP, CHF etc. There is the possibility to apply to the multicurrency Bank Account in most UAE banks without additional service fees or maintain a minimum, or average balance for the Bank Account.
You can apply for current (Resident) Personal Bank Account at any UAE local or foreign bank. Choose the right bank which offers all the facilities you are looking for, and where you can qualify to their minimum maintaining balance requirement.
Yes, as the foreigner you can open a Personal Bank Account in UAE. Most of the banks in Dubai/UAE require min AED 100,000 (USD 27,249) as the monthly average balance to open a Non-Resident Personal Bank Account in Dubai/UAE.
3-7 business days and 5-10 business days respectively. The time frame can vary from case to case.
· Emirates ID · Passport copy · Valid UAE Residence Visa · Utility Bill issued within last 3 months for your UAE residential premises, rented or owned · Salary Certificate from employer or contract with the employer (for employees). For investors, it should be the latest corporate document, showing ownership in the company Any bank may require additional documents based on their special requirements and submitted case.
Passport Copy · Proof of address issued within the last 3 months · CV · Document proving the source of the applicant’s income (it can be the latest 3 months personal bank statement or corporate bank statement which applicant owns). Make your application process hustle-free and hire a Professional Business Consultant when applying to the UAE Non-Resident Bank Account. Contact AlSabaMc for free expert advice.
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