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Commercial Bank of Dubai (CBD) Business Account for Portuguese nationals

A Dubai bank with a strong trade and SME focus and a reputation for reliable relationship management

GoldenKey does not promise bank approvals, because only the bank's compliance team can grant them; what we do is prepare your Commercial Bank of Dubai (CBD) application so thoroughly that there is little left to question. Day to day, commercial Bank of Dubai (CBD) suits trading companies and service businesses with Dubai operations, and its product range includes business current account, trade finance, working capital and corporate cards. Payments between Portugal and the UAE are routine: the dirham is pegged to the dollar, euro (EUR) transfers settle without delay and UAE banks are familiar with Portuguese business profiles. In practice, portugal and the UAE have strengthened ties through tourism, aviation and renewable energy investment, which gives Portuguese entrepreneurs a ready market and supply chain the moment their Commercial Bank of Dubai (CBD) licence is issued.

Why Commercial Bank of Dubai (CBD)

Importantly, having a UAE residence visa and Emirates ID for at least one signatory makes a Commercial Bank of Dubai (CBD) application noticeably smoother. CBD is popular with Jebel Ali and DMCC traders that need letters of credit. Portuguese applicants benefit from the fact that Commercial Bank of Dubai (CBD) already has many Portuguese shareholders on its register, so its officers recognise Portugal documents and name formats instantly.

How Commercial Bank of Dubai (CBD) works with GoldenKey

  1. Step 1: Profile review
    Step 1

    Profile review

    We assess your business profile against Commercial Bank of Dubai (CBD)'s appetite — activity, nationalities, turnover — and confirm the fit first.

  2. Step 2: Document pack
    Step 2

    Document pack

    GoldenKey assembles the trade licence, memorandum, passport and visa copies, proof of address, business profile and supporting invoices or contracts. If the authority raises a query on a Commercial Bank of Dubai (CBD) business account for Portuguese owners at this stage, we handle it the same day.

  3. Step 3: Introduction and meeting
    Step 3

    Introduction 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.

  4. Step 4: Compliance and activation
    Step 4

    Compliance and activation

    The bank's compliance team reviews the file, may ask follow-up questions that we help you answer, and activates the account on approval. We keep a written record of this step so your file for a Commercial Bank of Dubai (CBD) business account for Portuguese owners is audit-ready.

Documents required

For a Commercial Bank of Dubai (CBD) business account for Portuguese owners the registrar asks for the following documents, and we tell you exactly how each must be formatted.

  • A police clearance certificate from Portugal if the activity or the Golden Visa category requires it
  • Educational certificates attested by the Portugal authorities and the UAE embassy, for professional activities
  • A bank statement from your Portugal bank for the last three months, which banks use to understand your profile
  • Office tenancy contract or flexi-desk agreement
  • Sample invoices, contracts or purchase orders where available
  • A passport issued by Portugal with at least six months' validity

Pricing

Pricing for a Commercial Bank of Dubai (CBD) business account for Portuguese owners depends on the package you choose; every option below includes GoldenKey's service and the government fees stated. All prices for a Commercial Bank of Dubai (CBD) business account for Portuguese owners are indicative, shown in AED and confirmed in writing before you pay.

Bank Account Opening Assistance
GoldenKey service feeAED 1,500

Introduction, document preparation and coordination with bank relationship manager

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Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-07.

Why the UAE

The UAE's reputation as a trading hub means international clients and suppliers already trust a UAE licence, which shortens sales cycles for a Commercial Bank of Dubai (CBD) business account for Portuguese owners. There are no restrictions on repatriating profits or capital, so earnings from a Commercial Bank of Dubai (CBD) business account for Portuguese owners can be moved to your home country or reinvested freely.

Why GoldenKey

Most of our Commercial Bank of Dubai (CBD) clients come to us through referrals from other company owners, and for that reason we take pride in keeping every promise we put in writing. We speak the languages our clients speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for a Commercial Bank of Dubai (CBD) business account for Portuguese owners. Our quotations for a Commercial Bank of Dubai (CBD) business account for Portuguese owners list every government fee and our service fee on one page, in writing, before you pay anything.

If you would like a written quotation for a Commercial Bank of Dubai (CBD) business account for Portuguese owners, use the form below or message us on WhatsApp and we will respond as soon as possible.

Frequently asked questions

Is a minimum balance required at Commercial Bank of Dubai (CBD)?

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.

Does GoldenKey guarantee a Commercial Bank of Dubai (CBD) account?

No consultant can. Commercial Bank of Dubai (CBD)'s compliance team makes the decision. What GoldenKey does is prepare a complete, consistent application and introduce you to the right banking officer, which is where most of the difference is made.

Can I open a Commercial Bank of Dubai (CBD) account without a UAE residence visa?

Some banks consider non-resident company accounts, but most prefer a resident signatory. GoldenKey usually processes your investor visa before the bank application for that reason.

Can a Portuguese citizen own 100% of a company in Commercial Bank of Dubai (CBD)?

Yes, it can. Portuguese nationals can own the full share capital of a Commercial Bank of Dubai (CBD) company with no local partner, exactly like any other nationality.

Do Portuguese nationals need a UAE visa before applying for Commercial Bank of Dubai (CBD)?

No. You can apply for the licence from Portugal with scanned paperwork, and the investor residence visa is completed afterwards.

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