A corporate bank account is crucial for maintaining your business’s financial well-being. Whether you’re seeking online banking solutions or a more traditional banking option for your company, we have the perfect solution for you.
With one of the most advanced and concentrated banking systems globally, this financial centers offers a dynamic environment for businesses and individuals alike. To keep pace with industry advancements, all banks have embraced digital transformation, offering a comprehensive range of services tailored to meet the needs of both individuals and corporations. Opening a bank account for your company in this jurisdiction is sometimes complicated and can typically be completed within 1-3 weeks for fintech bank and 2-4 months for traditional banks . Additionally, the relaxed regulations on foreign exchange controls provide unrestricted access to your funds, both locally and internationally, enabling seamless financial operations.
Setting up an offshore company with Emifast offers unparalleled benefits, including enhanced privacy, favorable tax regimes, and access to world-class banking facilities.
Mainland companies allow you to do business directly within the UAE. For instance, we’re helping a client start a cleaning company in Dubai, which requires a mainland license because they’ll be operating locally. Similarly, businesses like grocery stores or rental services need a mainland setup since they interact directly with local customers.
Banking options in HK: https://bbcincorp.com/hk/open-bank-account (this list needs to be there)
this is for UAE:
Setting up an offshore company with Emifast offers unparalleled benefits, including enhanced privacy, favorable tax regimes, and access to world-class banking facilities.
| Country | Bank | Online Banking | Personal Visit | Credit Card | Debit Card | Initial Deposit | Processing Time |
|---|---|---|---|---|---|---|---|
| UAE | RAK Bank | AED 10,000 | 2-4 weeks | ||||
| UAE | Emirates NBD | AED 25,000 | 3-5 weeks | ||||
| UAE | Abu Dhabi Commercial Bank (ADCB) | AED 25,000 | 2-4 weeks | ||||
| UAE | First Abu UAE Dhabi Bank (FAB) | AED 50,000 | 2-4 weeks | ||||
| UAE | Mashreq Bank | AED 10,000 | 2-3 weeks | ||||
| UAE | Dubai Islamic Bank (DIB) | AED 10,000 | 2-4 weeks | ||||
| UAE | Noor Bank | AED 10,000 | 2-3 weeks | ||||
| UAE | Commercial Bank of Dubai (CBD) | AED 20,000 | 2-4 weeks | ||||
| UAE | HSBC Middle East | AED 25,000 | 3-6 weeks | ||||
| UAE | Standard Chartered Bank | AED 50,000 | 3-5 weeks |
| Country | Bank | Online Banking | Personal Visit | Credit Card | Debit Card | Initial Deposit |
|---|---|---|---|---|---|---|
| Belize Bank |  |
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US$4,000 | |
| Belize | Caye International Bank Ltd. | |
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US$1,000 |
| Heritage Bank | |
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US$3,000 | |
| British Virgin Islands | First Caribbean International Bank | |
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US$25,000 |
| Bank of East Asia | Contact us for details | |||||
| DBS | |
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HKD 20,000 - 50,000 | |
| Fubon Bank | Contact us for details | |
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| Hang Seng Bank | |
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HKD 10,000 | |
| Hong Kong | HSBC | |
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HKD 50,000 |
| OCBC Wing Hang | |
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HKD 25,000 | |
| Standard Chartered Bank | Contact us for details | |||||
| Citi Commercial Bank | |
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US$500,000 | |
| Bank One Limited | |
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US$25,000 | |
| Mauritius | Mauritius Commercial Bank | |
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US$50,000 |
| Investec Bank | |
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US$50,000 | |
| Citi Bank | |
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US$300,000 | |
| DBS | |
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SGD 250,000 | |
| HSBC | |
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US$200,000 | |
| Singapore | OCBC Bank* | |
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US$30,000 |
| Standard Chartered Bank | |
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From US$10,000 | |
| UOB | |
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US$100,000 | |
| Switzerland | CIM Banque | |
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US$20,000 |
| UAE | RAK Bank | |
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US$10,000 |
At Emifast we offer in-house bookkeeping and accounting services for all of our clients. Our certified accounting staff is intimately familiar with the tax laws for both the UAE and Hong Kong and are uniquely qualified to keep your business in both financial and legal compliance.
Setting up an offshore company with Emifast offers unparalleled benefits, including enhanced privacy, favorable tax regimes, and access to world-class banking facilities.
Opening a bank account for company can be complicated, if you didn’t prepare the required documents correctly. Please note that most banks in are hesitant to accept offshore companies. Below are the basic documents typically required by most banks:
Note that we are helping with every step of this process
