Banking and Financial Services

open bank account dubai non uae residents

How to Open a Bank Account in Dubai for Non UAE Residents

May 14, 2025

One of the most frequently asked questions by our clients is how to open a bank account in Dubai as non UAE residents. With Dubai being an international business hub and a popular destination for professionals, entrepreneurs and investors, for many non residents it is essential to set up a local bank account. However, the process can sometimes seem daunting, especially if you’re unfamiliar with the local banking system and regulations. Opening a bank account in Dubai for non residents is possible, but there are specific requirements and steps you must follow. From providing the right documentation to choosing the appropriate type of account, understanding the procedure will help streamline the process. Whether you’re looking for a personal or a

Outsourcing Business Consultancy Services in Dubai: Drive Growth

March 27, 2025

In today’s fast-paced and competitive business environment, companies are constantly looking for ways to streamline operations, reduce costs and focus on their core strengths. One of the most effective strategies to achieve these goals is outsourcing business consultancy services in Dubai. Outsourcing allows businesses to tap into specialised expertise, access state-of-the-art technologies and improve efficiency, all while freeing up valuable time and resources. In this blog post, we will explore why outsourcing your business services is a smart move and introduce you to the variety of solutions we provide to help you succeed. Keep reading to discover how we can assist you in reaching your business goals with less hassle and greater efficiency. The advantages of contracting business consultancy services

The Best Offshore Accounts for Expats in the UAE: What You Need to Know

September 4, 2024

The best offshore accounts for expats in the UAE provide a strategic avenue for individuals and businesses to optimise their financial management, protect assets and tap into a world of investment opportunities. Renowned for its robust financial system, political stability and favourable tax environment, the UAE stands out as a premier destination for opening an expat offshore account. Whether you’re a high-net-worth individual looking to diversify your portfolio or a business aiming to streamline international transactions, an offshore account in the UAE offers a blend of privacy, security and strategic financial advantages that are hard to match. In this blog post, we’ll explore what offshore banking is, diving into the unique benefits that make the UAE a preferred choice for

Expat Guide to Banks in the UAE: Retail and Business Banking

June 8, 2023

In the United Arab Emirates, a flourishing hub for business, commerce, and finance, you’ll find a diverse banking market ready to serve both expatriate residents and local and international investors. The Central Bank keeps a watchful eye on the banks in the UAE, ensuring everything runs smoothly for commercial, investment, and Islamic banks, as well as currency exchange firms, financial intermediaries, and investment companies. In this vibrant marketplace, you’ll find both domestic and foreign banks. In 2023, there are 23 domestic banks and 28 foreign banks operating in the country. Retail banking in the UAE If you’re an expat looking to open a bank account in the UAE, you’ll be pleased to hear that the process is relatively simple. You will be required to provide a number

Opening a Bank Account in the UAE from Overseas

December 15, 2022

Whether you’re planning to move to the United Arab Emirates for work, to set up a company or make an investment in 2022, 2023 or beyond, a bank account will be crucial to navigating the relocation of part of your life. There are many factors that go into where you commit to banking. There are many factors that go into where you commit to banking. What are the factors you’ll need to consider when choosing the right bank for you if you’re currently overseas? From the number of branches, the benefits you can gain from saving, income requirements, extensive documentation needed and other common criteria and schemes of note, here’s how to open a bank account in the UAE. Can a foreigner open a

Types of Income Tax Residence in the UAE

December 7, 2022

What are the classifications of income tax residence in the UAE? While we gave an overview of the Emirati tax system and the initial requirements of becoming a tax resident in the UAE in the first part of this series, we’re now going to move onto the more technical components of successful international tax planning in the UAE. To do so, we will examine the different types of income tax residence available, and the advantages of each, depending on the specific circumstances of the person or persons seeking to create a base in the UAE. Income Tax Residence in the UAE As a general rule, and in addition to the tax benefits on offer in the United Arab Emirates concerning income sourced from