Proof of residential address of each company shareholder, director, and other key personnel Consider bank fees and terms of service: Carefully study all bank terms and tariffs before opening an account. Dubai is home to numerous local and international banks, each offering a variety of services tailored to different needs. Research and compare banks based on factors such as fees, services offered, reputation, and accessibility. Some popular choices for non-residents include Emirates NBD, HSBC, Standard Chartered, and Dubai Islamic Bank. Consumer Protection and Market Integrity Although the availability of company names should be checked before the registration, reservation isn’t permitted; the name must be unique and true as well as include the abbreviation of the legal structure of the company (AG, SA, KmAG or GmbH) The required initial capital as per the classification of crypto activities Step 4: Account opening procedure Which accounts can be opened in Cayman Island banks?The Cayman Islands has long attracted attention as an international financial centre with a wide range of banking services. In this article we will look at the different types of accounts that can be opened with banks in the Cayman Islands and their features. a completed questionnaire in which it is necessary to explain the reason for opening an account from 950 EUR