Fintech in Fujairah DED
Starting From
AED 6,000
Setup Time
3 Business Days
Visa Quota
0 Visas
Location
Fujairah
About Fintech
Fujairah Mainland in Fujairah provides an excellent environment for launching a Fintech venture, combining world-class infrastructure with a business-friendly regulatory framework.
The licensing process at Fujairah DED has been streamlined significantly, with most financial licences processed within 3 business days. With the recent changes to UAE commercial law, 100% foreign ownership is now available for most mainland activities. The base licence fee is approximately AED 6,000, making it one of the most affordable options in the UAE.
At IBA International, we simplify the process of establishing your fintech business in Fujairah Mainland. 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 Fujairah DED for Fintech?
Fujairah Mainland is widely regarded as one of the UAE's premier destinations for financial businesses, and for good reason.
The jurisdiction offers east coast port access, which is particularly valuable for fintech operations. Additionally, oil and shipping hub ensures that your business remains competitive in the regional market. Operating on the mainland allows you to trade directly with the local UAE market without restrictions, and you can bid on government contracts — a significant advantage over free zone entities. Office solutions start from AED 3,000 per year for a co-working, making it accessible for businesses of all sizes. Trade across the UAE further enhances the appeal of Fujairah DED for fintech professionals. Furthermore, cost-effective licensing positions your fintech business for long-term success in the region. With Fujairah continuing to invest in infrastructure and business-friendly regulation, Fujairah DED 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 | 6,000 |
| Visa Package (per visa) | 3,200 |
| Ejari Office | 5,000 |
| Co-Working | 3,000 |
| Private Office | 12,000 |
| Estimated Total (Year 1) | From AED 14,200 |
* 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 Fujairah DED 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. The DED naming guidelines require the name to reflect the legal structure and activity. Reserved and restricted words require additional approvals. 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
Following DED approval, your Fujairah mainland trade licence is issued within 3 business days. The licence authorises you to conduct fintech activities and is valid for one year. The licence fee is approximately AED 6,000.
Apply for Residence Visa
Once your licence is active, apply for your UAE residence visa and Emirates ID. The number of visas depends on your office space. Each visa costs approximately AED 3,200. 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 Fujairah Mainland 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
Yes, with a valid trade licence from Fujairah DED, you can open a corporate bank account at any UAE bank. Mainland companies typically have the widest choice of banking partners. IBA assists with introductions and documentation for smooth bank account opening.
Fintech in Other Jurisdictions
Get Started Today
Ready to set up your fintech in Fujairah DED? Our team is here to help.
SPEAK TO AN ADVISORWHATSAPP USQuick Facts
Official Source
www.fujairah.ae ↗Popular in Fujairah DED
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.
Ready to Start Your Fintech?
Get a personalised quote for setting up your fintech in Fujairah DED. Our advisors are ready to guide you through every step.