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đźš©Corporate Tax Filing – Sep 2025 deadline | đźš©AED 10,000 penalty | Corporate Tax Payment – same as filing date | Late payment penalties daily | VAT Filing – Quarterly/Monthly | AED 1,000 first penalty | VAT Payment – Same day as filing | 2% immediate penalty | Audit Report Due – Within 6 months of year-end | Non-compliance fines | License Renewal – Before expiry | Trade license blocked | Economic Substance Report – Jun 2025 | AED 50,000 penalty | UBO Declaration – Annually | AED 100,000 penalty   |  
IQFA

Open a Business Bank Account in the UAE with IQFA Chartered Accountants

Serving Dubai, Abu Dhabi, Sharjah, Ras Al Khaimah, and Ajman

IQFA Chartered Accountants provides expert assistance in opening business bank accounts across the UAE, supporting companies operating in mainland and free zones. We also offer guidance on Dubai mainland company formation cost, Dubai free zone company setup cost, and the cheapest free zone company setup in UAE. Additionally, we assist with company liquidation UAE to ensure compliant financial closure.

Value-Added Financial Services

Beyond bank account setup, we offer comprehensive support to enhance your business operations:

  • Accounting & Financial Reporting Services
  • Accounting supervision services in Dubai
  • Accounting backlog compilation UAE
  • Fixed assets control services
  • Standard Operating Procedures UAE
  • Inventory control services in UAE
  • Outsourcing Payroll Services UAE
  • Outsourced payroll solutions UAE
  • Enterprise Risk Management UAE
  • Business Advisory & Consulting
  • Business valuation UAE
  • Top business consultants in Dubai
  • Feasibility studies UAE
  • Feasibility study company Dubai
  • CFO advisory services UAE
  • Corporate finance UAE

Get Started Today

Partner with IQFA Chartered Accountants to open your UAE business bank account and access strategic financial guidance. Contact us now for efficient setup and professional support.