For SMEs, entrepreneurs, and marketplace sellers in the MENA/KSA/UAE region, opening a neobank company account without an Emirates ID is now easier than ever — thanks to Shokran.

In this guide, we’ll walk you through the challenges, solutions, and exact steps to open your business account with Shokran.

Why It's Challenging to Open a UAE Business Account Today

Most traditional banks (e.g., Emirates NBD, ADCB) still require:

A UAE residency visa and Emirates ID
Local utility bills or office tenancy proof
In-person KYC and lengthy document processing

This can take 2–8 weeks and often requires travel to the UAE.

These steps are often not feasible for:

Foreign entrepreneurs
E-commerce sellers on platforms like Amazon or Noon
Freelancers and remote-first founders

Why Shokran Is the Right Choice for Modern Businesses

Shokran is a digital-first neobank designed for modern businesses. We help SMBs across the MENA region and Southeast Asia open fully operational business accounts — without the need for an Emirates ID.

Key Benefits

Accounts opened in as little as 30 minutes
Support for UAE Free Zones such as DIFC, DMCC, ADGM, and others
No Emirates ID required
Send and receive international payments in multiple currencies
Built specifically for marketplace sellers, consultants, and e-commerce businesses
Fully remote onboarding from anywhere in the world

Step-by-Step: How to Open a Business Account with Shokran

Go to shokran.io
Click Open an Account
Upload your company documents (Trade License, Passport copy, etc.)
Complete online KYC — no Emirates ID required
Account is opened in as little as 30 minutes

Need help? Contact our support team on Telegram or WhatsApp

Who Is This For?

Businesses registered in UAE free zones
Foreign founders scaling into the UAE or KSA
Amazon/Noon sellers needing flexible financial infrastructure
Freelancers and consultants working globally

Is Shokran Regulated?

Yes. Shokran operates under licensed financial entities and holds appropriate registrations for cross-border financial services. This ensures full compliance and trust for businesses seeking secure financial solutions.

For more details, visit our Licenses page

Earn by Referring Businesses to Shokran

Join our Referral Program to earn when businesses open accounts and begin transacting. Share your referral code and generate recurring income with every transaction they make.

Frequently Asked Questions

Can I open a business account in the UAE without an Emirates ID?

Yes — with Shokran, you can onboard fully online without a residency visa or Emirates ID.

How long does it take to open an account?

Accounts are typically opened in as little as 30 minutes, depending on document verification.

Do you support free zone companies?

Yes, including DIFC, DMCC, ADGM, and other major jurisdictions.

What documents do I need?

Trade license, passport, and proof of business activity — no local utility bill or lease needed.

Can I use my account for Amazon/Noon sales?

Absolutely. Shokran is digital asset-friendly and built for e-commerce sellers.

Ready to Get Started?

No waiting. No paperwork. No local ID required.
Open your Shokran business account from anywhere — in 30 minutes or less.

Start Now

Let’s grow together — ethically, transparently, and globally.
The Shokran Team
shokran.io