Fintech in KIZAD
Starting From
AED 10,000
Setup Time
5 Business Days
Visa Quota
6 Visas
Location
Abu Dhabi
About Fintech
Khalifa Industrial Zone has earned its reputation as a leading free zone for financial businesses, offering a streamlined setup process and competitive cost structure.
Operating from Khalifa Industrial Zone gives your Fintech business access to Abu Dhabi's world-class infrastructure, including modern office facilities such as office, warehouse, industrial plot 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 Khalifa Industrial Zone 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 KIZAD for Fintech?
Choosing KIZAD for your fintech business comes with a host of strategic advantages that directly impact your bottom line and growth potential.
The jurisdiction offers industrial powerhouse, which is particularly valuable for fintech operations. Additionally, adjacent to khalifa port 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 12,000 per year for a office, 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. Massive land availability further enhances the appeal of KIZAD for fintech professionals. Furthermore, purpose-built for manufacturing positions your fintech business for long-term success in the region. With Abu Dhabi continuing to invest in infrastructure and business-friendly regulation, KIZAD 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 | 10,000 |
| Visa Package (per visa) | 4,000 |
| Office | 12,000 |
| Warehouse | 25,000 |
| Industrial Plot | 50,000 |
| Estimated Total (Year 1) | From AED 26,000 |
* 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 KIZAD 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. KIZAD 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 KIZAD 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 10,000.
Apply for Residence Visa
Once your licence is active, apply for your UAE residence visa and Emirates ID. Your KIZAD licence includes 6 visa allocation. Each visa costs approximately AED 4,000. 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 Khalifa Industrial Zone 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, KIZAD 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
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Official Source
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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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