Banking Advisory Services in the UAE
Expert Support for UAE Residents and Non-Residents
Opening a bank account in the UAE can be challenging — especially for entrepreneurs, investors, and individuals unfamiliar with local banking regulations. At Rising Star Services, we simplify the entire process, offering personalized banking advisory solutions for both UAE residents and non-residents.
Why Choose Rising Star Services?
Our team of experienced professionals understands the ins and outs of the UAE banking system. We’ve helped hundreds of clients successfully open both personal and business bank accounts — even in complex cases involving foreign ownership or offshore entities.
Whether you’re a first-time investor or relocating your business to Dubai, we guide you every step of the way — from documentation and compliance to choosing the right bank for your needs.
Personal & Business Bank Account Assistance
We help UAE residents and non-residents navigate the process of opening accounts with top local and international banks — saving you time, money, and unnecessary hassle.
Advisory for Different Account Types
- Savings Accounts for Non-Residents
Non-residents can open savings accounts in AED or other major currencies, with full access to online banking and debit cards. However, current accounts and cheque books are typically reserved for residents and businesses with local presence. - Corporate Bank Accounts
We provide specialized support for startups, free zone companies, and offshore businesses in opening corporate accounts — helping you meet compliance requirements and minimize rejection risks.
🔹 Legal Support for Banking & Business Setup
We ensure your legal structure supports banking needs, reducing risks of delays or rejections. Our legal partners can assist with contract reviews, documentation, and compliance checks.
🔹 Home Finance Advisory
While we don’t directly finance properties, our expert advisors help you compare the best mortgage options available in the UAE, connecting you with trusted lenders that suit your budget and goals.
🔹 Business Finance Solutions
Need funding for your business? We evaluate multiple financing options to help you make informed decisions — from working capital loans to asset-based financing.
🔹 Company Empanelment for Lending Products
We assist in securing empanelment with financial institutions, enabling your company to distribute lending and credit products with lower risk and higher market reach.
Step-by-Step Process to Open a Bank Account in the UAE
Initial Consultation – We assess your needs and banking goals.
Document Preparation – Guidance on required documents (personal IDs, trade license, utility bills, etc.)
Bank Selection – We help you choose the right bank based on your profile and business type.
Application Submission – We handle the communication with the bank and ensure your application is processed smoothly.
Follow-up & Activation – We stay with you until your account is active and fully operational.
Q1: What types of business entities can open a bank account in the UAE?
Sole proprietorships, LLCs, partnerships, free zone entities, and offshore companies — all can apply, with varying requirements.
Q2: What documents are needed to open a business account?
Typically: passport copies, visa, Emirates ID, trade license, MOA, utility bills, and a business plan.
Q3: Can a foreign-owned company open a bank account?
Yes, but additional documentation and due diligence may be required depending on the ownership structure and activity.
Q4: Do I need a local sponsor to open a business account?
Not necessarily. Free zone companies and certain offshore setups can open accounts without a UAE national partner.
Q5: Is physical presence in the UAE required to open an account?
Some banks require it, while others may allow remote applications, especially for savings accounts.
Q6: Are there minimum balance requirements?
Yes — they vary by bank and account type. We guide you on the best fit for your budget.
Q7: Can I assign multiple signatories to my account?
Absolutely. You can assign authorized signatories and customize access levels.
Q8: What are the typical fees for opening and maintaining an account?
Account opening fees may range from AED 0 to AED 2,500+, depending on the bank. Maintenance fees apply if balances drop below the minimum threshold.
Q9: Can I open an account in USD, EUR, or other currencies?
Yes, many UAE banks offer multi-currency accounts.
Q10: Are there restrictions on international transfers?
Most banks allow global transfers, but compliance with AML regulations is mandatory.
Ready to Open Your UAE Bank Account?
Let Rising Star Services be your trusted partner in your financial journey. Whether you’re starting a business, expanding globally, or relocating to Dubai — we’ll make banking in the UAE easier, faster, and stress-free.
Contact Us
- DSO IFZA Properties Dubai Silicon Oasis Dubai
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+971 55 457 1489
+971 55 550 3016 - info@risingstarsservices.com