Bank Accounts

Open an account in another country

Purchase a personal or corporate bank account today

RHJ Accountants & Associates can assist you to open a personal or corporate bank account within two weeks. It starts with paying for the service and sending over documentation before we do the rest.

Personal

If you're planning to become a resident in the Mediterranean or UAE, you may need a bank account for performing important tasks such as your tax return. This can also be used for receiving money if you happen to make any earnings while living there.

Corporate

If you are starting a new business or opening a new branch of an existing business in Mediterranean or UAE, then you will need to open up a corporate bank account. This account will enable you to pay your employees and cover other business expenses.

Corporate

850

+VAT
  • What we need:
  • Passport copy
  • Proof of address
  • Proof of profession
  • Contact details
Purchase now

Personal

750

+VAT
  • What we need:
  • Passport copy
  • Proof of address
  • Proof of profession
  • Contact details
Purchase now

Corporate

300

+VAT
  • What we need:
  • Certificate of the company
  • RCBE certificate
  • Company contact details
  • Partners contact details
  • Identification for partners
  • Tax ID for partners
Purchase now

Personal

250

+VAT
  • What we need:
  • Passport
  • Portuguese NIF
  • Tax ID (for home country)
  • Proof of address
  • Proof of profession
  • Contact details
Purchase now

Corporate

from 4,000 AED

+VAT
  • What we need:
  • Trading license
  • Memorandum of association
  • Board resolutions
  • Proof of company address
  • Proof of company shareholders
  • Company shareholders ID
  • Emirates ID of signatory
  • Company bank statement
Purchase now

Personal

2,000 AED

+VAT
  • What we need:
  • Emirates ID
  • Passport copy
  • Visa page
Purchase now
1

Buy now

Select the bank account required and submit your payment details
2

Submit your documents

Provide the documents that are required to open the bank account
3

Sit back and relax

We'll contact you once the account is fully set up and ready for use!

Frequently Asked Questions

How long does it take to open a personal account?

The time it takes to open a bank account can vary depending on the type of account you’re opening, and in which country. We will be able to advise you once we begin to move forwards.

We cannot guarantee that your bank account will be opened by a specific date, as sometimes processes are out of our control (e.g. document processing, shipping times etc). Please also take into consideration that if you aren’t a resident of the country you’re applying for a personal bank account in, this can also extend the amount of time it takes to open an account.

Want to enquire about opening a bank account? Speak to our team today.

Am I able to open a personal account before becoming a resident?

The answer to this depends on which country you require a bank account for, let’s explain in more detail –

  • Malta: If you’re not a resident in Malta at the time of requesting a personal bank account then it can take months until the account is opened. This is the typical process when using high street banks, but it could be that when your application is submitted processes could take a shorter amount of time. Contact our team today to understand more.
  • UAE: If you’re not a resident of the UAE, then you will not be able to open a personal bank account. However, if you would like to open a corporate bank account then this is possible.
  • Portugal: If you’re not a resident in Portugal prior to applying for a personal bank account, you can still open one. Non-EU residents can submit a request for a temporary NIF. However, please bear in mind that you will need to request a fiscal representative before applying for a NIF, but don’t worry we can help you with this! EU residents are able to apply for a NIF straight away prior to opening a personal bank account – so the process is a lot simpler here. 

Am I able to open a corporate account before becoming a resident?

This is dependent on which country you require a corporate bank account for, let’s explain below – 

  • Malta: Yes, you can open a corporate bank account if you’re not a Maltese resident. If you need help to set up a Maltese company we can help you do this, and the process will include the corporate bank account application.
  • UAE: Yes, you can open a corporate bank account if you’re not a UAE resident, however the process is not easy as banks sometimes reject applications if the individual isn’t a UAE resident. However, there are still ways to open a corporate bank account and we advise people to get in touch with us so we can help you.
  • Portugal: Yes! You’d just need a Portuguese NIF to get started and in some cases a Fiscal Representative – we can aid you in opening your corporate bank account, provided we have full information on your company. Speak to our experts to find out more.

If I open a company with RHJ Accountants is the bank account process included?

We will only include the bank account process cost if you’re opening a Maltese company. However if you’re opening a company in Portugal or the UAE, the bank account will show as a separate cost.

All this information is outlined to you following your initial meeting with our experts, and we will only proceed with a service once we have written agreement from you – so no hidden costs here!

Want to open a company with RHJ Accountants help? Arrange a consultation now.

Have other questions?

If you haven’t found the answer you were looking for within our webpage or other FAQs, send us a message through our contact page and our team will respond to you as soon as possible.

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Whether you're setting up your business, wanting to branch out abroad, reduce your taxes, grow your wealth or secure citizenship abroad for yourself and your family; RHJ Accountants are here to help you. Whatever it is, talk to us today about your move to Malta, Portugal, the UAE, UK or the USA.

Malta
Phoenix Business Centre
The Penthouse
Old Railway Track
Santa Venera, SVR 9022
Lisbon, Portugal
+351 213303751
Av. da República
Nº 6 – 1st floor left
1050-191
Porto, Portugal
+351 220280143
RHJA Accountants Lda
Rua Eng.° Ferreira Dias
n° 161 – E478
4100 – 247
Dubai, UAE
+971 42239633
Office No 1310-A
Level 13
Aspin Commercial Tower
Sheikh Zayed Road
London, UK
020 7692 7006
80-83 Long Lane
London
EC1A 9ET
Sheffield, UK
0114 227 0070
The Quadrant
99 Parkway Avenue
S9 4WG