WhatsApp quoteA UAE business account is the step that turns your licence into a working company, and First Abu Dhabi Bank (FAB) is a sound candidate for many of the companies we form. First Abu Dhabi Bank (FAB) is the largest bank in the UAE by assets, with international reach and corporate-grade services for larger or well-capitalised businesses, and it is one of the banks GoldenKey regularly introduces new companies to. Portuguese nationals are a smaller community active in engineering, hospitality and technology, so the First Abu Dhabi Bank (FAB) authority, the banks and the immigration officers see Portuguese applications every day and process them without hesitation. The most common businesses Portuguese nationals open through GoldenKey are in technology, hospitality, engineering and renewable energy, although First Abu Dhabi Bank (FAB) supports almost any activity.
Why First Abu Dhabi Bank (FAB)
From day one, if First Abu Dhabi Bank (FAB) is not the right fit for your profile, we say so and introduce you to a bank that is, because a well-matched application is approved faster. For most clients, having a UAE residence visa and Emirates ID for at least one signatory makes a First Abu Dhabi Bank (FAB) application noticeably smoother. For most clients, many Portuguese business owners run First Abu Dhabi Bank (FAB) companies alongside an existing business in Portugal, using the UAE entity for international invoicing and regional sales.
How First Abu Dhabi Bank (FAB) works with GoldenKey
Step 1Profile review
We assess your business profile against First Abu Dhabi Bank (FAB)'s appetite — activity, nationalities, turnover — and confirm the fit first. If the authority raises a query on a First Abu Dhabi Bank (FAB) business account for Portuguese owners at this stage, we handle it the same day.
Step 2Document pack
GoldenKey assembles the trade licence, memorandum, passport and visa copies, proof of address, business profile and supporting invoices or contracts.
Step 3Introduction and meeting
GoldenKey introduces you to a business banking officer at First Abu Dhabi Bank (FAB) and joins the application meeting, in person or online. Nothing is submitted for a First Abu Dhabi Bank (FAB) business account for Portuguese owners until you have reviewed and approved it.
Step 4Compliance and activation
Importantly, after compliance review by First Abu Dhabi Bank (FAB), any queries are answered with our help and the account is opened.
Documents required
Here is what you will need for a First Abu Dhabi Bank (FAB) business account for Portuguese owners; GoldenKey checks every item before submission.
- A police clearance certificate from Portugal if the activity or the Golden Visa category requires it
- A bank statement from your Portugal bank for the last three months, which banks use to understand your profile
- Passport, visa and Emirates ID copies of all shareholders and signatories
- Sample invoices, contracts or purchase orders where available
- A CV for each shareholder and the company's website or social links
- Proof of residential address for each signatory
Pricing
Use the table below to compare packages for a First Abu Dhabi Bank (FAB) business account for Portuguese owners; we will confirm the exact total for your case in a written quotation. Pricing for a First Abu Dhabi Bank (FAB) business account for Portuguese owners depends on the package you choose; every option below includes GoldenKey's service and the government fees stated.
| 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
There are no restrictions on repatriating profits or capital, so earnings from a First Abu Dhabi Bank (FAB) business account for Portuguese owners can be moved to your home country or reinvested freely. As a rule, english is the working language of business, contracts are routinely drafted in English, and government portals are bilingual, which simplifies a First Abu Dhabi Bank (FAB) business account for Portuguese owners for international entrepreneurs.
Why GoldenKey
Because GoldenKey works with the licensing authority, the immigration department and the banks every single week, we know exactly which papers each of them will ask for on a First Abu Dhabi Bank (FAB) file. Most of our First Abu Dhabi Bank (FAB) clients come to us through referrals from other founders, and that is why 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 First Abu Dhabi Bank (FAB) business account for Portuguese owners.
Tell us about your plans for a First Abu Dhabi Bank (FAB) business account for Portuguese owners and GoldenKey will come back to you shortly with a clear price, a document checklist and a realistic timeline.
Frequently asked questions
Is a minimum balance required at First Abu Dhabi Bank (FAB)?
Just as important, most UAE banks apply a minimum average balance or a monthly fee below it. GoldenKey confirms the current First Abu Dhabi Bank (FAB) terms for your package before you apply.
Can I open a First Abu Dhabi Bank (FAB) account without a UAE residence visa?
In practice, some banks consider non-resident company accounts, but most prefer a resident signatory. GoldenKey generally processes your investor visa before the bank file for that reason.
Does GoldenKey guarantee a First Abu Dhabi Bank (FAB) account?
No consultant can. First Abu Dhabi Bank (FAB)'s compliance team makes the decision. What GoldenKey does is prepare a complete, consistent request and introduce you to the right banking officer, which is where most of the difference is made.
Can a Portuguese citizen own 100% of a company in First Abu Dhabi Bank (FAB)?
Yes. Portuguese nationals can own the full share capital of a First Abu Dhabi Bank (FAB) company with no local partner, exactly like any other nationality.
Is there a double taxation agreement between Portugal and the UAE?
Yes. The UAE and Portugal have a double taxation agreement, and a UAE tax residency certificate lets you claim treaty relief on qualifying income. GoldenKey can obtain the certificate once your company is established.
