Fintech in DMCC
Starting From
AED 15,300
Setup Time
3 Business Days
Visa Quota
3 Visas
Location
Dubai
About Fintech
Dubai Multi Commodities Centre has earned its reputation as a leading free zone for financial businesses, offering a streamlined setup process and competitive cost structure.
Operating from Dubai Multi Commodities Centre gives your Fintech business access to Dubai's world-class infrastructure, including modern office facilities such as flexi desk, shared office, private office and excellent connectivity. As a regulated activity, you will need approval from DFSA/VARA before commencing operations, but IBA's team handles this process seamlessly on your behalf.
IBA International has been helping entrepreneurs set up fintech businesses in Dubai Multi Commodities Centre since 2004. Our team of incorporation specialists will guide you through every step, from initial consultation to licence issuance and bank account opening, ensuring a smooth and efficient setup experience.
Why DMCC for Fintech?
Choosing DMCC for your fintech business comes with a host of strategic advantages that directly impact your bottom line and growth potential.
The jurisdiction offers 100% foreign ownership, which is particularly valuable for fintech operations. Additionally, zero corporate and income tax 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 6,300 per year for a flexi desk, making it accessible for businesses of all sizes. The standard licence includes a visa quota of 3 residency visas, with options to increase this number as your team grows. Strategic JLT location further enhances the appeal of DMCC for fintech professionals. Furthermore, world's leading free zone positions your fintech business for long-term success in the region. With Dubai continuing to invest in infrastructure and business-friendly regulation, DMCC 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 | 15,300 |
| Visa Package (per visa) | 5,200 |
| Flexi Desk | 6,300 |
| Shared Office | 12,000 |
| Private Office | 30,000 |
| Estimated Total (Year 1) | From AED 26,800 |
* 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 DMCC 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. DMCC 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 DMCC trade licence is issued within 3 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 15,300.
Apply for Residence Visa
Once your licence is active, apply for your UAE residence visa and Emirates ID. Your DMCC licence includes 3 visa allocation. Each visa costs approximately AED 5,200. 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 Multi Commodities Centre is ready to operate. IBA continues to support you with PRO services, VAT registration, accounting, and annual licence renewals.
Total estimated time: 3 business days. IBA handles the entire process end-to-end so you can focus on your business.
Frequently Asked Questions
The standard documents required include: passport copies of all shareholders, passport-sized photographs, a completed application form, a business plan or activity description, and proof of address. As a regulated activity, you will also need to provide professional qualifications or certifications required by DFSA/VARA. IBA handles all document preparation and submission on your behalf.
Fintech in Other Jurisdictions
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Official Source
www.dmcc.ae ↗Popular in DMCC
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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