WhatsApp quoteJust as important, wio Bank suits start-ups, freelancers and free zone companies with a resident owner, and its product range includes Wio Business account, virtual and physical cards, payment links and multi-currency. A UAE business account is the step that turns your licence into a working company, and Wio Bank is a sound candidate for many of the companies we form. For most clients, payments between Lithuania and the UAE are routine: the dirham is pegged to the dollar, euro (EUR) transfers settle quickly and UAE banks are familiar with Lithuanian business profiles. Lithuanians are a small community of fintech founders, engineers and traders, so the Wio Bank authority, the banks and the immigration officers see Lithuanian applications every day and process them without hesitation.
Why Wio Bank
Having a UAE residence visa and Emirates ID for at least one signatory makes a Wio Bank submission noticeably smoother. Wio Bank is known for fully digital opening, no branch visits, transparent fees and fast decisions for eligible licences, which is why we shortlist it for companies with that profile. Lithuanian applicants benefit from the fact that Wio Bank already has many Lithuanian shareholders on its register, so its officers recognise Lithuania documents and name formats instantly.
How Wio Bank works with GoldenKey
Step 1Profile review
We assess your business profile against Wio Bank's appetite — activity, nationalities, turnover — and confirm the fit first.
Step 2Document pack
We compile the licence, memorandum, passport and visa copies, address proof, business profile and sample contracts in the layout Wio Bank expects. We keep a written record of this step so your file for a Wio Bank business account for Lithuanian owners is audit-ready.
Step 3Introduction and meeting
We arrange the meeting with a Wio Bank relationship manager and sit alongside you to answer compliance questions.
Step 4Compliance and activation
On the ground, wio Bank's compliance team reviews the file, raises any follow-up questions (which we help answer) and activates the account on approval. This is also the point at which we answer any question specific to a Wio Bank business account for Lithuanian owners.
Documents required
Here is what you will need for a Wio Bank business account for Lithuanian owners; GoldenKey checks every item before submission.
- Personal or corporate bank statements for the last three to six months
- A police clearance certificate from Lithuania if the activity or the Golden Visa category requires it
- A passport granted by Lithuania with at least six months' validity
- Sample invoices, contracts or purchase orders where available
- Office tenancy contract or flexi-desk agreement
- Trade licence, certificate of incorporation and memorandum of association
Pricing
In our experience, pricing for a Wio Bank business account for Lithuanian owners depends on the package you choose; every option below includes GoldenKey's service and the government fees stated. From day one, all prices for a Wio Bank business account for Lithuanian owners are indicative, shown in AED and confirmed in writing before you pay.
| 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
Residence visas for owners and families come with the company, which makes a Wio Bank business account for Lithuanian owners a route to relocation as well as a business decision. Since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so a Wio Bank business account for Lithuanian owners no longer requires a local partner.
Why GoldenKey
Our quotations for a Wio Bank business account for Lithuanian owners list every government fee and our service fee on one page, in writing, before you pay anything. GoldenKey is based in Ajman Free Zone and has helped entrepreneurs from more than 60 countries with a Wio Bank business account for Lithuanian owners, so the paperwork, approvals and timing hold no surprises for us. To be clear, our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for a Wio Bank business account for Lithuanian owners happen the same day they are ready.
Tell us about your plans for a Wio Bank business account for Lithuanian owners and GoldenKey will come back to you shortly with a clear price, a document checklist and a realistic timeline.
Frequently asked questions
Can I open a Wio Bank account without a UAE residence visa?
From day one, some banks consider non-resident company accounts, but most prefer a resident signatory. GoldenKey generally processes your investor visa before the bank application for that reason.
Can a free zone company open an account with Wio Bank?
Yes. Wio Bank accepts companies from the main free zones, subject to its review. A clear activity and a UAE-resident signatory help.
Is a minimum balance required at Wio Bank?
Most UAE banks apply a minimum average balance or a monthly fee below it. GoldenKey confirms the current Wio Bank terms for your package before you apply.
Can a Lithuanian citizen own 100% of a company in Wio Bank?
Absolutely. Lithuanians can own the full share capital of a Wio Bank company with no local partner, exactly like any other nationality.
Is there a double taxation agreement between Lithuania and the UAE?
Yes. The UAE and Lithuania 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.
