Emirates NBD business banking for a new free zone company.

Free zone companies are accepted provided they have a physical office or flexi-desk (not a virtual office). Dubai South has a formal MOU with Emirates NBD for streamlined account opening. uaefreezonecompare.com dubaisouth.ae

Fully digital onboarding: online application, OTP-based verification, and API integration with Dubai Unified License (DUL) for automatic license data retrieval, speeding up the process. emiratesnbd.com linkedin.com

• Legal entity operating in the UAE (sole proprietor or single layer company with individual ultimate beneficial owners) source
• Valid Trade License or Certificate of Incorporation from any UAE issuing authority source
• At least one signatory must be a UAE resident source
• Valid passports and Emirates IDs of all partners and authorized signatories source
• Valid Memorandum of Association / Article of Association / Board Resolution source
• Six months' bank statement of the company (if existing) or the partner (if new company) source
• Physical office or flexi-desk at the free zone (not a virtual office) uaefreezonecompare.com source

• Valid Trade License/Commercial License source
• Attested Memorandum of Association, Article of Association, Board of Resolution, General Partnership Contract & all amendments (if any) source
• Identity documents of all shareholders and partners: Emirates ID and passport copies source
• Tenancy contract as proof of business address source
• Six months' bank statement of the company (if existing) or the partner (if new company) source

• Shareholders from higher-risk countries (outside Western Europe, North America, Australia, UAE) may face refusal or additional scrutiny uaefreezonecompare.com
• Shell companies or holding structures without tangible product/service may be refused uaefreezonecompare.com
• At least one signatory must be a UAE resident emiratesnbd.com

• Physical office or flexi-desk requirement excludes virtual office free zone companies uaefreezonecompare.com
• Nationality-based risk assessment can lead to rejection for higher-risk passport holders uaefreezonecompare.com
• Inconsistent business activity narrative across documents may cause rejection uaefreezonecompare.com
• Lack of existing Emirates NBD personal account may slow the process uaefreezonecompare.com
• Six months' bank statement requirement can be challenging for brand-new companies without prior banking history emiratesnbd.com