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Wio Bank Business Account for Vietnamese nationals

The UAE's first fully digital business bank, launched in 2022 with app-based onboarding for SMEs and free zone companies

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, opening a business account with Wio Bank is a realistic goal for a well-prepared company, and preparation is exactly what GoldenKey provides. The most common businesses Vietnamese nationals open through GoldenKey are in electronics, textiles, agricultural exports and IT outsourcing, although Wio Bank supports almost any activity. GoldenKey has Vietnamese customers from Hanoi, Ho Chi Minh City and Da Nang, and our consultants understand the supporting documents issued in Vietnam and how to attest them for the UAE.

Why Wio Bank

Crucially, if Wio Bank 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. From day one, wio supports a growing list of free zones; a UAE resident signatory with Emirates ID is required. On the ground, many Vietnamese founders run Wio Bank companies alongside an existing business in Vietnam, using the UAE entity for international invoicing and regional sales.

How Wio Bank works with GoldenKey

  1. Step 1: Profile review
    Step 1

    Profile review

    Put simply, we assess your business profile against Wio Bank's appetite — activity, nationalities, turnover — and confirm the fit first. For a Wio Bank business account for Vietnamese owners this step rarely needs your presence; scans and e-signatures are enough.

  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.

  3. Step 3: Introduction and meeting
    Step 3

    Introduction and meeting

    Importantly, we arrange the meeting with a Wio Bank relationship manager and sit alongside you to answer compliance questions. For a Wio Bank business account for Vietnamese owners this step rarely needs your presence; scans and e-signatures are enough.

  4. Step 4: Compliance and activation
    Step 4

    Compliance and activation

    Wio Bank's compliance team reviews the file, raises any follow-up questions (which we help answer) and activates the account on approval.

Documents required

For a Wio Bank business account for Vietnamese owners the licensing authority asks for the following documents, and we tell you exactly how each must be formatted.

  • Trade licence, certificate of incorporation and memorandum of association
  • A bank statement from your Vietnam bank for the last three months, which banks use to understand your profile
  • Personal or corporate bank statements for the last three to six months
  • Passport, visa and Emirates ID copies of all shareholders and signatories
  • A CV for each shareholder and the company's website or social links
  • Sample invoices, contracts or purchase orders where available

Pricing

In short, use the table below to compare packages for a Wio Bank business account for Vietnamese owners; we will confirm the exact total for your case in a written quotation. Pricing for a Wio Bank business account for Vietnamese owners depends on the package you choose; every option below includes GoldenKey's service and the government fees stated.

Bank Account Opening Assistance
GoldenKey service feeAED 1,500

Introduction, document preparation and coordination with bank relationship manager

Request this service

Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-06.

Why the UAE

In short, english is the working language of business, contracts are routinely drafted in English, and government portals are bilingual, which simplifies a Wio Bank business account for Vietnamese owners for international company owners. In our experience, residence visas for owners and families come with the company, which makes a Wio Bank business account for Vietnamese owners a route to relocation as well as a business decision.

Why GoldenKey

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 Vietnamese owners happen the same day they are ready. GoldenKey's consultants have handled a Wio Bank business account for Vietnamese owners for traders, consultants, tech entrepreneurs and family offices, which gives us a realistic view of what each authority approves without delay. Crucially, most of our Wio Bank clients come to us through referrals from other founders, which is why we take pride in keeping every promise we put in writing.

Crucially, tell us about your plans for a Wio Bank business account for Vietnamese owners and GoldenKey will come back to you shortly with a clear price, a document checklist and a realistic timeline.

Frequently asked questions

Can a free zone company open an account with Wio Bank?

It can. Wio Bank accepts companies from the main free zones, subject to its review. A clear activity and a UAE-resident signatory help.

Does GoldenKey guarantee a Wio Bank account?

No adviser can. Wio Bank'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.

How long does Wio Bank 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.

Can a Vietnamese citizen own 100% of a company in Wio Bank?

Yes. Vietnamese nationals can own the full share capital of a Wio Bank company with no local partner, exactly like any other nationality.

Do Vietnamese nationals need a UAE visa before applying for Wio Bank?

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

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