DIFC In The UAE
DIFC license obtained in the UAE allows you to provide two types of services: organizing and consulting on monetary services, including payment initiating services; providing monetary services, such as providing money transfers, issuing stored value, providing and managing a payment account, issuing payment instruments.
Requirements
- Initial capital for organizing and consulting on monetary services should be at least USD 10,000;
- Initial capital for money transfer services should be at least USD 140,000;
- Initial capital for providing and managing a payment account, issuing payment instruments should be at least USD 200,000;
- Initial capital for issuing stored value should be at least USD 500,000;
- To have an office;
- To have all required documents;
- Prepare a business plan;
- Submit a document that confirms the level of income;
- And others.
TIME:
4-6 months
FEE:
The total price will be provided after the application