Opening a bank account in Qatar

Qatar, one of the most dynamic economic centers of the Middle East, offers businesses not only favorable registration conditions, but also a reliable banking system. Opening a corporate account here is a strategic step that strengthens the trust of partners, simplifies operational activities and opens access to global markets.

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Full-fledged operational activity

Having a corporate account in a local bank is mandatory for any type of business, including an account may be required for office rent, hiring and paying employees. Without it, participation in tenders and work with government contracts is impossible.

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Innovative online banking

Banks provide digital platforms with online accounting, automatic reporting and API integration. Integration with international payment systems (SWIFT, SEPA) ensures instant transfers to 150+ countries.

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Increased trust

Having an account in a Qatari bank strengthens the company's reputation in the eyes of clients and partners

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"An account in a Qatari bank is a signal to partners and investors that your business meets strict AML (anti-money laundering) and KYC (customer verification) standards. This is critically important for working with European, Asian and American counterparties." Artur Faniev, Commercial директор

On average, opening a corporate bank account takes 2 to 4 weeks.

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Stage 1

Collection of necessary documents and preliminary approval

We help to collect the necessary corporate documents, including the Articles of Association (AoA), the Certificate of Incorporation (CR) in two languages, and ensure that the documents are up-to-date, accurate and translated into Arabic, if necessary. Some banks offer a preliminary case assessment service. We can submit a basic package of documents for verification by the bank to minimize the risks of refusal.

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Stage 2

Submitting an application

We help you fill out an account opening application online (if available) or at a bank branch. The application must be signed by authorized persons.

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Stage 3

Visit to the bank and identity verification

The company's authorized persons and shareholders must personally visit the bank to sign the original documents and complete the identification process.

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Stage 4

Bank verification and approval

The bank checks the submitted documents, carries out the KYC procedure, including the verification of the ultimate beneficial owner (UBO), FATCA, CRS and AML. At this stage, the bank may request additional documents to confirm the submitted data. Once the check is complete, the contact person in the company will receive a notification of approval. Additional references, proof of income or detailed information on sources of funding may be required.

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Stage 5

Making a minimum deposit

Making a minimum deposit (e.g. QAR 20,000-50,000 depending on the bank and the agreed terms of account opening). In some cases, a corporate credit card may be required.

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Stage 6

Account activation

After the deposit is confirmed and all formalities are completed, the bank will activate the company's corporate account. Authorized representatives of the company will have access to online banking, mobile applications and other services.