Banking & Accounting Services

Effortless Financial Solutions for Global Businesses

Setting up a business is just the first step—opening the right bank account, ensuring tax compliance, and maintaining accurate financial records are crucial for long-term success. At Cross Sphere Solutions, we provide end-to-end banking and accounting services tailored to businesses expanding in UAE, Singapore, Africa, and beyond.

With strong partnerships with leading banks, deep expertise in corporate tax (CT), VAT compliance, financial reporting, and bookkeeping, we ensure that your business remains compliant, profitable, and financially secure.

Business Banking Solutions

Secure & Efficient Transactions

Opening a corporate bank account in the UAE or other international markets can be a complex process due to strict compliance regulations, KYC (Know Your Customer) policies, and risk assessments. We make it fast and hassle-free by guiding you through the process, ensuring your application is approved without unnecessary delays.

Traditional Bank Accounts (Physical Banking)
  • Suitable for companies requiring in-branch services, corporate cheques, and larger transactions.
  • Offers multi-currency transactions, overdraft facilities, and custom banking solutions.
Digital/Neobank Accounts (Online Banking)
  • 100% online application and account management.
  • Faster approvals, easy fund transfers, and lower maintenance costs.
  • Ideal for startups, freelancers, and SMEs with minimal compliance requirements.

top banks

Top Banks in the UAE for Business Accounts

Our end-to-end business setup services ensure a hassle-free expansion into your chosen market.

Emirates NBD

Offers business banking solutions, online banking, trade finance, and payroll services.

First Abu Dhabi Bank (FAB)

Specializes in SME banking, wealth management, and multi-currency accounts.

Mashreq Bank

Provides seamless digital banking solutions with quick approvals.

Dubai Islamic Bank (DIB)

Best for Sharia-compliant Islamic business accounts.

Abu Dhabi Commercial Bank (ADCB)

Preferred for businesses needing cash management solutions.

Commercial Bank of Dubai (CBD)

Great for corporate banking with trade finance facilities.

Documentation

Documents Required for Business Bank Account in UAE

  • Valid trade license.
  • Passport, Emirates ID, and visa copies of shareholders & directors.
  • Proof of address & tenancy contract.
  • Memorandum of Association (MOA) for company structure verification.
  • Business plan & financial projections (for some banks).
  • KYC compliance documents.

Corporate Tax (CT) Advisory

Stay Compliant & Save on Taxes

With the UAE implementing a 9% Corporate Tax (CT) for Mainland companies, businesses must structure operations efficiently to optimize their tax position.

  • CT Registration & Filing – Ensure legal compliance with accurate tax submissions.
  • Freezone Tax Exemptions - Identify eligible tax-free Freezones.
  • Tax Planning Strategies - Reduce liabilities & improve financial efficiency.
  • Annual CT Reports & Compliance Audits - Avoid penalties with structured reporting.

VAT Compliance & Filing

Stress-Free VAT Management

VAT is mandatory in many countries, including UAE (5%) and Singapore (8%). We help businesses with:

  • VAT Registration & Deregistration - Hassle-free compliance for businesses above the VAT threshold.
  • VAT Filing & Quarterly Reports - Ensure accurate reporting and avoid penalties.
  • Input & Output VAT Analysis - Optimize deductions and reduce tax burdens.
  • VAT Refund Claims - Recover eligible VAT costs effectively.

Accounting & Bookkeeping

Keep Your Finances in Order

Proper financial records, compliance, and cost analysis ensure smooth operations. Our services include

  • Bookkeeping & Financial Reports - Maintain accurate financial statements.
  • Payroll & WPS Management - Compliant salary processing and tax deductions.
  • Audit Preparation & Financial Reviews - Ensure smooth external audits.
  • Budgeting & Cash Flow Analysis - Make informed financial decisions.
  • Accounting Software Integration - Setup and manage QuickBooks, Xero, Zoho Books, or Tally.

Why choose Cross Sphere Solutions

Solution for Your Banking & Accounting Setup

  • Fast-Track Banking Approvals – Strong ties with top UAE and international banks.
  • Tailored Tax & VAT Strategies – Save on taxes legally.
  • Expert Bookkeeping & Compliance – No stress, no fines!
  • Industry-Specific Financial Guidance – We understand diverse sectors.
  • Seamless Digital & Traditional Banking Solutions – Choose what suits you best.

let's talk

Let's Set Up Your Business Finances Today!

Need help with banking, tax compliance, or accounting? Contact us now for expert consultation and seamless financial setup!

Schedule a Free Consultation Now!