Quick Takeaways: Digital banks like Wio Bank and RAKBANK RAKstarter offer zero minimum balance accounts, saving startups AED 50,000+ in locked capital. Emirates Development Bank
Key highlights You face the same federal corporate tax rates in the mainland and free zones. The real banking difference is how each structure shapes
Opening a business bank account in Dubai is a crucial first step for business owners and businesses looking to get a presence in the UAE’s
Highlights In 2026, banks like RAKBANK and Wio offer genuine zero-minimum-balance accounts for startups, provided you pay a monthly maintenance fee (approx. AED 99–105). All
Key Highlights Indian entrepreneurs can remit up to USD 250,000 annually to their UAE business under the Liberalized Remittance Scheme, with TCS now applying only
Key Highlights Zero-balance business accounts are offered by CBUAE-licensed banks with varying fee structures. Always verify the complete cost breakdown, including monthly fees and transaction
Key Highlights EDB’s Credit Guarantee Scheme offers 5-day approval vs. traditional banks’ 8-12 week process for startup loans up to AED 5 million. Emirates Development
Key Highlights Dubai offshore companies enjoy zero corporate and income tax, plus no withholding taxes on capital repatriation, making it highly attractive for international businesses.
Key Highlights: UAE banks now offer fully digital business account opening with 3-day processing for low-risk applications. Mainland, free zone, and offshore entities all qualify
Key Highlights: UAE banks require comprehensive documentation and strict KYC for business account approvals. Digital banks like Wio and Mashreq NeoBiz offer faster onboarding with