As we tell every client, opening a business account with Mashreq is a realistic goal for a well-prepared company, and preparation is exactly what GoldenKey provides. Mashreq is one of the UAE's oldest private banks and a pioneer of fully digital business account opening through Mashreq NeoBiz, and it is one of the banks GoldenKey regularly introduces new companies to. Day to day, for Serbian founders, the UAE is around 5 hours from Belgrade, the UAE is 2 to 3 hours ahead of Serbia, and English is widely spoken among Serbian professionals. Payments between Serbia and the UAE are routine: the dirham is pegged to the dollar, Serbian dinar (RSD) transfers settle fast and UAE banks are familiar with Serbian business profiles.
Why Mashreq
To be clear, mashreq is known for digital-first onboarding, start-up friendly packages, fast account decisions and integrated payment solutions, and that is why we shortlist it for companies with that profile. If Mashreq is not the right fit for your profile, we say so and introduce you to a bank that is, because a well-matched request is approved faster. In our experience, serbian applicants benefit from the fact that Mashreq already has many Serbian shareholders on its register, so its officers recognise Serbia paperwork and name formats instantly.
How Mashreq works with GoldenKey
Step 1Profile review
For most clients, we review your licence, activity, shareholder nationalities and expected turnover and confirm that Mashreq is a sensible match. If the authority raises a query on a Mashreq business account for Serbian owners at this stage, we handle it the same day.
Step 2Document pack
In practice, we compile the licence, memorandum, passport and visa copies, address proof, business profile and sample contracts in the layout Mashreq expects.
Step 3Introduction and meeting
We arrange the meeting with a Mashreq relationship manager and sit alongside you to answer compliance questions. We keep a written record of this step so your file for a Mashreq business account for Serbian owners is audit-ready.
Step 4Compliance and activation
For most clients, mashreq's compliance team reviews the file, raises any follow-up questions (which we help answer) and activates the account on approval.
Documents required
The document list for a Mashreq business account for Serbian owners is short, and most clients already have everything on it.
- Personal or corporate bank statements for the last three to six months
- A passport granted by Serbia with at least six months' validity
- Office tenancy contract or flexi-desk agreement
- Trade licence, certificate of incorporation and memorandum of association
- A bank statement from your Serbia bank for the last three months, which banks use to understand your profile
- Passport, visa and Emirates ID copies of all shareholders and signatories
Pricing
Use the table below to compare packages for a Mashreq business account for Serbian owners; we will confirm the exact total for your case in a written quotation. The figures below for a Mashreq business account for Serbian owners are updated by GoldenKey whenever the licensing authority changes its fees, so the price you see is the current one.
| 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 2026-10-07.
Why the UAE
From day one, there are no restrictions on repatriating profits or capital, so earnings from a Mashreq business account for Serbian owners can be moved to your home country or reinvested freely. For most clients, residence visas for owners and families come with the company, which makes a Mashreq business account for Serbian owners a route to relocation as well as a business decision.
Why GoldenKey
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 Mashreq business account for Serbian owners. In practice, most of our Mashreq clients come to us through referrals from other company owners, which is why we take pride in keeping every promise we put in writing. GoldenKey is based in Ajman Free Zone and has helped business owners from more than 60 countries with a Mashreq business account for Serbian owners, so the paperwork, approvals and timing hold no surprises for us.
Message GoldenKey now and we will prepare a personalised quotation for a Mashreq business account for Serbian owners, valid for 30 days and confirmed in writing.
Frequently asked questions
Can I open a Mashreq account without a UAE residence visa?
Some banks consider non-resident company accounts, but most prefer a resident signatory. GoldenKey in most cases processes your investor visa before the bank file for that reason.
How long does Mashreq 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 Mashreq?
Most UAE banks apply a minimum average balance or a monthly fee below it. GoldenKey confirms the current Mashreq terms for your package before you apply.
Is there a double taxation agreement between Serbia and the UAE?
Absolutely. The UAE and Serbia 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.
Can a Serbian citizen own 100% of a company in Mashreq?
Yes. Serbians can own the full share capital of a Mashreq company with no local partner, exactly like any other nationality.


