Aston Advisory | Business Setup and Company formation In Duabi

Start Your Business in Dubai, UAE 

Elevate your business in Dubai with our comprehensive company setup and bank account services.

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Benefit from 0% corporate and personal income taxes, a stable economy, and world-class infrastructure.

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Dubai’s business-friendly laws, diverse workforce, and opportunities for diversification in a multicultural environment make it the prime choice for entrepreneurs worldwide.

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Let us guide you through the seamless process of establishing your presence in Dubai’s thriving market, where innovation and growth opportunities await.

We are experts in Opening Companies and Bank Accounts in Dubai

Getting started doing business in the UAE and feeling the benefits of it, requires going through what can seem like an impossible number of steps, which is where we can help.

we will make sure your business will be up and running in no time, while you lean back and focus on managing your business.

We strive towards excellence, which means delivering good customer service in the registration process as well as afterwards.

 

Aston Advisory takes pride in treating each case on a personal level and maintaining easy contact to our consultant via your preferred platform

Why you should choose Aston Advisory?

No Hidden Extra Fees

We make sure to be upfront about the cost and requirements of starting a business in Dubai

10+ Years Experience

We have more than 10 years of experience with corporate and banking services in Dubai.

VIP Services

We help you and your loved ones settling in by assisting with education for your children and office search

Helen Maffini

helenmaffini.com

Aston Advisory Group has been extremely helpful in creating a smooth company opening and move to the UAE. They are very knowledgeable about all areas of freezone companies and life in Dubai. From our first call until today their team have been very helpful, answering all my questions, meeting with me and taking me to all my appointments.

How does it work

Should you try to open a business in Dubai yourself?

Over 60 jurisdictions

With over 60 jurisdictions, how do you know which is the right one for your Dubai company? How do you make sure you’re choosing the right licence and business activity? Don’t let your business setup in Dubai be a trial-and-error process.

Travel consideration

Liaising with the relevant authorities and government departments alone takes time and travel miles. Lots of both.

Paperwork

Starting a Dubai company involves tonnes of paperwork. Think forms, applications, banking
and legal requirements – and that is just the start.

Where would you like to locate your company?

Free zone Company

Starting from AED 22,500

1 Visa • Trade License 100% • Ownership • Exclusive services

Mainland Company

Starting from AED 24,000

1 Visa • Trade License 100% • Ownership • Exclusive services

Stay updated with our latest articles

We stay up-to-date with the latest news regarding business and company formation in Dubai, UAE

FREE

Do It Yourself Company Formation E-Book

Are you wondering if you can setup a business in Dubai yourself ? You can. That is why we have prepared a guide to help you get your business on the right track, from the start

Company Registration

Visa Stamping

Bank Account Registration

How Hard is The Business Setup Process ?

Aston Advisory Group saves you time and money, while removing the stress and headaches of beginning your business journey in Dubai. We know the market. We have the network. This is your strategy for succes.

Calculate your business cost

Get comprehensive calculation of your business setup in UAE

Frequently asked questions

Question:

What are the key benefits of setting up a company bank account in Dubai?

Answer:

Setting up a company bank account in Dubai offers several key benefits. Firstly, it separates your business and personal finances, making accounting and tax filing simpler. Additionally, having a dedicated business account adds professionalism to your company and instills trust in clients, suppliers, and partners.

Moreover, access to business banking services like loans and lines of credit can fuel expansion and investment opportunities, supporting business growth. Dubai’s status as a global business hub means that a business account facilitates smoother international transactions. Furthermore, keeping business finances separate makes it easier to track income and expenses, simplifying tax compliance.

Lastly, business accounts offer digital tools for easy financial management, from online banking to mobile apps, streamlining day-to-day operations.

Question:

How can I leverage the expertise of AstonVIP to simplify the company bank account opening process?

Answer:

You can leverage the expertise of Aston VIP to simplify the company bank account opening process in numerous ways. Our seasoned professionals offer comprehensive guidance and support at every step, ensuring you understand the requirements and procedures involved. From gathering necessary documentation to navigating regulatory obligations, we handle the intricacies on your behalf, alleviating any concerns or uncertainties you may have.


Moreover, our extensive network and industry knowledge allow us to recommend the most suitable banks based on your specific business needs and preferences. We assess factors such as account features, transaction fees, and accessibility to ensure you make an informed decision that aligns with your financial goals.

By partnering with Aston VIP, you can expect personalized assistance tailored to your unique circumstances. We prioritize efficiency and effectiveness, streamlining the process to minimize delays and ensure a swift account opening experience. Our dedicated team remains readily available to address any queries or concerns you may have, providing ongoing support even after the account is established.
In summary, AstonVIP offers a comprehensive solution to simplify the company bank account opening process, allowing you to focus on your core business activities while we handle the administrative complexities with precision and expertise.

Question:

How can a foreigner open a company bank account in Dubai?

Answer:

To open a company bank account in Dubai as a foreigner, several steps need to be followed. Firstly, you’ll need to register your company with the appropriate government authorities and obtain all necessary licenses for your business activities. This typically involves submitting various documents such as your company’s trade license, memorandum of association, and articles of association.


Once your company is properly registered, you can proceed with the bank account opening process. Each bank may have its specific requirements, but generally, you’ll need to provide documentation such as passport copies of shareholders and directors, proof of address, and a detailed business plan outlining your company’s activities and anticipated financial transactions.


Some banks may require a minimum initial deposit to open the account, although this requirement varies depending on the bank and the type of account you wish to open. It’s essential to research different banks to find one that aligns with your business needs and offers favorable terms and conditions.


Navigating the process of opening a company bank account in a foreign country like Dubai can be complex, especially for newcomers to the region. That’s where professional service providers like Aston VIP can be invaluable. With our expertise and knowledge of local regulations and banking practices, we can guide you through each step of the process, ensuring compliance with all requirements and facilitating a smooth and efficient account opening experience.

Question:

What documents are required to open a company bank account in Dubai?

Answer:

To open a company bank account in Dubai, several documents are typically required to ensure compliance with regulatory standards and banking policies. These documents include essential business incorporation papers such as the trade license and certificate of incorporation, which establish the legal identity of the company. Additionally, identification documents for all company directors and shareholders are necessary to verify their identities and roles within the organization.

Proof of address, such as utility bills or lease agreements, may also be requested to confirm the physical location of the business. A comprehensive business plan outlining the company’s objectives, operations, and financial projections may be required to assess the viability and purpose of the account.

Personal references from reputable sources can further establish the credibility of the company and its key stakeholders. A board resolution authorizing the opening of the bank account and designating authorized signatories is often necessary to formalize the process.
Some banks may request additional documentation tailored to their specific requirements or the nature of the business. These documents may include financial statements, trade references, or regulatory approvals.

Working with Aston VIP can simplify the procedure and ensure that all necessary paperwork is in order. Our expertise and industry knowledge enable us to guide clients through the account opening process efficiently and effectively, minimizing delays and ensuring compliance with regulatory standards.

Question:

Can I open a company bank account for my Dubai business remotely?

Answer:

Yes, it is possible to open a company bank account for your Dubai business remotely, and Aston VIP can assist you in this process. With our expertise and network of banking partners, we facilitate remote account opening procedures, allowing you to establish your business’s banking presence in Dubai from anywhere in the world.

Our team will guide you through the necessary steps and documentation required for remote account opening, ensuring compliance with local regulations and banking requirements. We work closely with reputable online banks in Dubai that offer remote account opening services, simplifying the process and providing you with a seamless experience.

It’s important to note that remote account opening for Dubai businesses is typically conducted through online banks and may not be available through traditional brick-and-mortar banks. By utilizing our expertise and industry connections, you can enjoy the convenience of opening a company bank account for your Dubai business remotely, without the need for physical presence or extensive paperwork. Contact us today to learn more about our remote account opening services and how we can assist you in establishing your business’s banking setup in Dubai.

Question:

Can I open a company bank account for a free zone business in Dubai?

Answer:

Yes, it is possible to open a company bank account for a free zone business in Dubai. Free zone companies have the option to open bank accounts with banks located within the respective free zones or with banks outside the free zones. With the assistance of Aston VIP, businesses can explore the available banking options and select the most suitable bank for their specific needs. Aston VIP provides comprehensive support and guidance throughout the account opening process, ensuring that businesses can navigate the requirements and procedures. Whether it’s setting up a new account or transferring an existing account to a different bank, Aston VIP simplifies the process and ensures that businesses can access the banking services they need to thrive in the Dubai free zone environment.

Question:

Can I open multiple bank accounts for my Dubai business?

Answer:

With Aston VIP’s assistance, you can explore the option of opening multiple bank accounts in several banks to diversify your financial holdings and optimize your business operations.
We work in collaboration with various banks in Dubai, offering you the flexibility to choose from a range of banking institutions based on your specific requirements and preferences. Whether you need separate accounts for different business purposes, currencies, or strategic reasons, we can facilitate the process and guide you through each step.

Opening multiple bank accounts for your Dubai business provides several benefits, including enhanced financial flexibility, improved cash flow management, and access to a wider range of banking services. Our team will work closely with you to understand your business needs and recommend the most suitable banking solutions to support your objectives.

Contact us today to discuss your options for opening multiple bank accounts for your Dubai business, and let Aston VIP assist you in navigating the process.