By submitting your application, you agree to the privacy policy and consent to the processing of your personal data
- "A bank account is a mandatory requirement for conducting business activities within the UAE territory. It is obligatory for all companies registered within the UAE free zones, as well as local UAE-based companies".Elena Varyukhina, CEOConsultant and Methodologist in International Tax Planning, International Financial Reporting, and International Business Structuring.
Over 15 years of expertise in these fields.
The advantages of opening an account in the UAE include
1
Opportunities for Individuals
Not only businessmen but also private individuals can take advantage of banking services in the UAE.
2
Favorable Tax Environment
The UAE offers tax exemptions on profits and has no income tax for certain types of businesses, reducing tax liabilities.
3
Access to International Markets
Opening an account in the UAE provides access to global financial markets, facilitating international financial transactions.
4
Investment Opportunities
The UAE is actively developing, and many companies and individuals view the country as a platform for investment and business.
5
High-Level Service
UAE banks offer a high standard of customer service and innovative financial products.
6
Currency Operations
The ability to hold accounts in different currencies eases international trade operations and investments.
7
Confidentiality
The banking sector in the UAE ensures a high level of confidentiality for clients.
8
Reliable Banking System
There are no political or economic disturbances, ensuring a stable environment.
How to Open an Account?
1
Submit an application
2
Enter into an agreement
3
Provide information as requested
4
We verify your information
5
Select a bank in the UAE
6
Prepare and submit documents to the Bank
7
Monitor the registration progress and provide process updates
8
Deliver final documents from the bank
Why Choose Us?
Guaranteed Account Opening: Personal and Corporate
Advice on doing business in the UAE, we will tell you about all the risks and pitfalls
Assistance with Permits and Certificates in the UAE
We Partner with Top UAE Banks
We work directly with government agencies, no intermediaries
Transparent Terms: Official contract with timelines, stages, and fees
One-Stop Approach: No need to run around searching for services
VIP Assistance Available: Including airport meet and greet, transfers, and accommodation control
We provide comprehensive support at every stage of your business development
Companies Assisted
200+
Years in the Market since 2016
8+
Years is the average duration of client relationships
5+
of Clients recommend us to their friends
100%
Our Mission
To deliver comprehensive solutions for business operations in the UAE, ensuring reliability and efficiency in accounting and tax compliance.
We aim to be your trusted partner, helping you achieve success in the international business environment through professionalism, innovation, and exceptional service.
We aim to be your trusted partner, helping you achieve success in the international business environment through professionalism, innovation, and exceptional service.
Pricing and Service Packages
Corporate Account
Opening
Opening
Starting from $ 4,500
- Evaluation of client’s personal and corporate experience
- Preparation of a complete document package
- Conducting a meeting for account opening
- Communication with the bank
- Up to 7 document/information requests (until the account is opened)
Full Package for Opening a Local Company
Starting from $ 10,500
- Corporate bank account opening in the UAE
- Preliminary approval of the company's name
- Obtaining a license for commercial activities
- Securing a legal address for the company
- Company memorandum drafting
- Obtaining a 2-year UAE resident visa
- Assistance with obtaining the company seal
- Comprehensive support at all stages
Accounting and Tax Support for Your Business
- Daily transaction management
- Monthly financial reports
- VAT registration and declaration
- Corporate income tax registration
- HR accounting
- Payroll calculation
- MOHRE registration
- WPS registration and reporting
Подробнее
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for a consultation with an expert
Get a free consultation on business support in the UAE
By submitting your application, you agree to the privacy policy and consent to the processing of your personal data
FAQ
All companies in the UAE are obliged to keep accounting records, companies registered in some FREE ZONE have an exemption from preparing and submitting financial statements according to IFRS standards. With the introduction of corporate tax in the UAE the relevance of accounting for business has become even more necessary, as the formation of the tax base for corporate tax is built through adjustments to accounting data.
WPS is an electronic system that allows companies to pay employees' salaries through authorised banks. The system was developed by the Central Bank of the UAE, among other things, to ensure that employees' salaries are paid on time and in full. WPS has an electronic database to which UAE companies must upload their payroll files. Not all companies in the UAE are required to register this system, necessarily Mainland type companies and companies registered in some FreeZone. For example, FZ DMCC has made it mandatory for FZ companies to register with the WPS system from 01.01.2024.
Mainland companies are required to provide an audited report at the end of the financial year, companies registered in FZ at the request of each FZ.
at the end of the financial year, companies registered in FZ at the request of each FZ.
The liability for late filing of financial statements depends on the length of the delay.
The maximum fine is 55,000 AED.
at the end of the financial year, companies registered in FZ at the request of each FZ.
The liability for late filing of financial statements depends on the length of the delay.
The maximum fine is 55,000 AED.
Any company that does not maintain accounting records properly can be fined up to AED 50,000 (AED). Repeated breaches of the rules can result in a fine of up to AED 500,000 (AED). FZ may also have its own penalties for failure to maintain proper record keeping, so for example, the DIFC sets a fine of AED 91,750 (AED).
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offer a personalized approach
professionals in their field
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Contact Us
Dubai
info@acceagleeye.com
The Exchange Tower Business Bay Dubai, UAE
+971 52 552 9700
info@acceagleeye.com
The Exchange Tower Business Bay Dubai, UAE
+971 52 552 9700
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+971 52 552 9700