WhatsApp quoteA UAE business account is the step that turns your licence into a working company, and Commercial Bank of Dubai (CBD) is a sound candidate for many of the companies we form. Opening a business account with Commercial Bank of Dubai (CBD) is a realistic goal for a well-prepared company, and preparation is exactly what GoldenKey provides. IT & Software in Commercial Bank of Dubai (CBD) means software development, SaaS, app development, IT consulting and managed services, and it is licensed as a professional activity. To be clear, typical examples of this activity include SaaS platform, mobile app studio, IT outsourcing and cybersecurity consulting, which can generally sit together on one Commercial Bank of Dubai (CBD) licence.
Why Commercial Bank of Dubai (CBD)
Having a UAE residence visa and Emirates ID for at least one signatory makes a Commercial Bank of Dubai (CBD) submission noticeably smoother. For most clients, account opening at Commercial Bank of Dubai (CBD) is a compliance process, not a sales process: the bank wants to understand who you are, what you sell, who pays you and where the money comes from. GoldenKey has licensed it & software in Commercial Bank of Dubai (CBD) for clients ranging from solo founders to groups opening a regional branch, so we know which sub-activities to list.
How Commercial Bank of Dubai (CBD) works with GoldenKey
Step 1Profile review
GoldenKey studies your licence, activity, ownership and expected turnover to judge whether Commercial Bank of Dubai (CBD) is the right match before any form is filled. For a Commercial Bank of Dubai (CBD) account for an IT and software company this step rarely needs your presence; scans and e-signatures are enough.
Step 2Document pack
GoldenKey builds the complete document pack for Commercial Bank of Dubai (CBD): corporate papers, signatory IDs, proof of address, profile and supporting invoices.
Step 3Introduction and meeting
GoldenKey introduces you to a business banking officer at Commercial Bank of Dubai (CBD) and joins the request meeting, in person or online. Your portal shows the status of this step for a Commercial Bank of Dubai (CBD) account for an IT and software company in real time.
Step 4Compliance and activation
From day one, commercial Bank of Dubai (CBD)'s compliance team reviews the file, raises any follow-up questions (which we help answer) and activates the account on approval.
Documents required
Put simply, gather these documents and GoldenKey will take care of the rest of a Commercial Bank of Dubai (CBD) account for an IT and software company.
- Trade licence, certificate of incorporation and memorandum of association
- Personal or corporate bank statements for the last three to six months
- Office tenancy contract or flexi-desk agreement
- Sample invoices, contracts or purchase orders where available
- A business profile describing products, customers, suppliers and countries of operation
- A CV for each shareholder and the company's website or social links
Pricing
On the ground, the figures below for a Commercial Bank of Dubai (CBD) account for an IT and software company are updated by GoldenKey whenever the authority changes its fees, so the price you see is the current one. All prices for a Commercial Bank of Dubai (CBD) account for an IT and software company are indicative, shown in AED and confirmed in writing before any payment.
| GoldenKey service fee | AED 1,500 |
|---|
Introduction, document preparation and coordination with bank relationship manager
Request this servicePrices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-06.
Why the UAE
Since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so a Commercial Bank of Dubai (CBD) account for an IT and software company no longer requires a local partner. There are no restrictions on repatriating profits or capital, so earnings from a Commercial Bank of Dubai (CBD) account for an IT and software company can be moved to your home country or reinvested freely.
Why GoldenKey
Our quotations for a Commercial Bank of Dubai (CBD) account for an IT and software company list every government fee and our service fee on one page, in writing, before you pay anything. You deal with one named adviser from the first call until your Commercial Bank of Dubai (CBD) licence, visa and bank introduction are complete, and that consultant answers your WhatsApp messages personally. From day one, most of our Commercial Bank of Dubai (CBD) clients come to us through referrals from other founders, and for that reason we take pride in keeping every promise we put in writing.
Ready to start? Send us a WhatsApp message with your nationality, the activity you have in mind and the number of visas you need, and we will reply shortly with a written quotation for a Commercial Bank of Dubai (CBD) account for an IT and software company.
Frequently asked questions
How long does Commercial Bank of Dubai (CBD) take to open a business account?
Timelines vary with the bank's workload and the complexity of your profile. Simple service companies with a resident signatory are generally faster; trading companies with many countries of operation take longer.
Is a minimum balance required at Commercial Bank of Dubai (CBD)?
Day to day, most UAE banks apply a minimum average balance or a monthly fee below it. GoldenKey confirms the current Commercial Bank of Dubai (CBD) terms for your package before you apply.
Can a free zone company open an account with Commercial Bank of Dubai (CBD)?
Yes. Commercial Bank of Dubai (CBD) accepts companies from the main free zones, subject to its review. A clear activity and a UAE-resident signatory help.
Is it & software allowed in Commercial Bank of Dubai (CBD)?
Put simply, commercial Bank of Dubai (CBD) assesses it & software businesses on their documentation and trading pattern. {brand} prepares a profile that explains the activity clearly.
What approvals does it & software need?
None beyond the licence; data-hosting activities may need TDRA notification. GoldenKey obtains these as part of the setup.
