Opening an offshore account: a how-to guide

[Image to be reinserted: Dubai illustration photo]

After starting the process of creating an offshore company in Dubai, the crucial question of opening an offshore account now arises. Indeed, this step is essential, as you cannot open a bank account in France to receive the funds generated by your offshore company.

You are probably wondering how opening an offshore bank account actually works. Do banks carry out specific checks? Explore the detailed steps for opening an offshore account without the slightest obstacle. Discover the procedures and necessary documents, and ensure that you navigate this essential phase of setting up your offshore company in the Emirates with ease.

Opening an offshore account: the most complex step in the process

As you have understood, creating an offshore company is relatively simple and quick. In reality, the most complex step concerns the offshore bank account. Indeed, for several months now, it has become increasingly difficult to open an offshore account in certain tax havens. This is particularly the case in Dubai, in the United Arab Emirates. The reason is easy to understand: international anti-money-laundering rules have been strengthened in recent years, and the United Arab Emirates complies with the regulations in force. For several months now, banks in the United Arab Emirates have therefore required a residence visa and a personal bank statement: directors wishing to create an offshore company generally cannot provide these documents to the bank and are consequently refused the opening of a bank account.

Facilitate the opening of an offshore account with your Corporate Service Provider

Does opening an offshore account seem complicated to you, and are you worried that you will not be able to find a bank? We offer to assist you with the registration of your offshore company? As a bonus, assistance with opening an offshore bank account is free and included in our package.

Only a Corporate Service Provider can find a solution for opening your offshore account. For example, if you wish to launch your offshore company in Dubai, we will recommend that you turn to a bank located outside the United Arab Emirates. In this way, you can benefit from an offshore account entirely legally.

Choosing a bank located outside the United Arab Emirates also offers a significant advantage. Indeed, before the regulations became stricter, it was possible to open an offshore account in Dubai provided that you visited the bank. Opening an account remotely was not possible. The bank located outside the United Arab Emirates with which we collaborate offers a remote offshore account opening service.