Fintech in DIFC
Starting From
AED 12,000
Setup Time
5 Business Days
Visa Quota
6 Visas
Location
Dubai
About Fintech
Establishing a Fintech business in Dubai International Financial Centre positions you at the heart of Dubai's dynamic commercial landscape, with access to a market of over 9 million consumers.
The licensing process at DIFC has been streamlined significantly, with most financial licences processed within 5 business days. As a free zone entity, you will enjoy 100% foreign ownership with no requirement for a local sponsor. The base licence fee is approximately AED 12,000, making it competitively priced for the services included.
At IBA International, we simplify the process of establishing your fintech business in Dubai International Financial Centre. From selecting the right licence type to securing your visa and opening a corporate bank account, our experienced team ensures every detail is handled professionally and efficiently.
Why DIFC for Fintech?
Dubai International Financial Centre is widely regarded as one of the UAE's premier destinations for financial businesses, and for good reason.
The jurisdiction offers independent legal framework (common law), which is particularly valuable for fintech operations. Additionally, own courts and arbitration centre ensures that your business remains competitive in the regional market. As a free zone entity, your business enjoys complete repatriation of profits and capital, with no currency restrictions on transactions. Office solutions start from AED 18,000 per year for a flexi desk, making it accessible for businesses of all sizes. The standard licence includes a visa quota of 6 residency visas, with options to increase this number as your team grows. Premier financial hub further enhances the appeal of DIFC for fintech professionals. Furthermore, zero tax for 50 years positions your fintech business for long-term success in the region. With Dubai continuing to invest in infrastructure and business-friendly regulation, DIFC remains an excellent choice for both start-ups and established financial enterprises looking to expand into the Middle East and North Africa region.
Requirements & Documents
Regulatory Note: Fintech is a regulated activity in the UAE. Additional approval from DFSA/VARA is required. IBA can guide you through the full regulatory process.
Cost Breakdown
| Item | Cost (AED) |
|---|---|
| License Fee | 12,000 |
| Visa Package (per visa) | 5,500 |
| Flexi Desk | 18,000 |
| Shared Office | 35,000 |
| Private Office | 80,000 |
| Estimated Total (Year 1) | From AED 35,500 |
* Costs are indicative and subject to change. Contact IBA for a personalised quote.
Setup Timeline
Initial Consultation
Begin with a free consultation with IBA's business setup advisors to discuss your fintech business objectives, optimal licence structure, and DIFC as your chosen jurisdiction. We assess your specific requirements and provide a transparent cost breakdown.
Choose Your Company Name
Select your company name and submit it for approval. DIFC has specific naming guidelines — the name must not conflict with existing registrations and should reflect your business activity. IBA handles the name reservation process.
Prepare & Submit Documents
Compile all required documentation including passport copies, photographs, and the completed application form. For fintech, additional documents including professional qualifications and DFSA/VARA approvals are required. IBA prepares and submits all paperwork on your behalf.
Obtain Trade Licence
Your DIFC trade licence is issued within 5 business days of document submission. The licence authorises you to conduct fintech activities and is valid for one year. The licence fee is approximately AED 12,000.
Apply for Residence Visa
Once your licence is active, apply for your UAE residence visa and Emirates ID. Your DIFC licence includes 6 visa allocation. Each visa costs approximately AED 5,500. IBA manages the entire visa process including medical testing and Emirates ID.
Open Corporate Bank Account
With your trade licence in hand, open a corporate bank account at a UAE bank. IBA provides introductions to relationship managers at leading banks including Emirates NBD, ADCB, RAKBank, and Mashreq. We prepare a comprehensive banking file to ensure smooth account approval.
Start Operations
With your licence issued, visa processed, and bank account active, your fintech business in Dubai International Financial Centre is ready to operate. IBA continues to support you with PRO services, VAT registration, accounting, and annual licence renewals.
Total estimated time: 5 business days. IBA handles the entire process end-to-end so you can focus on your business.
Frequently Asked Questions
Yes, DIFC allows 100% foreign ownership with no requirement for a local partner or sponsor. This is one of the key advantages of establishing your business in this jurisdiction.
Fintech in Other Jurisdictions
Get Started Today
Ready to set up your fintech in DIFC? Our team is here to help.
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Official Source
www.difc.ae ↗Popular in DIFC
By IBA Business Setup Team
Last updated: 26 February 2026
International Business Advisors DMCC has been helping entrepreneurs set up businesses in the UAE since 2004, with 20+ years of hands-on expertise.
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