Establishing a DFSA Category 3A and Category 4 licence in Dubai in 2023

In the last couple of decades, the United Arab Emirates (UAE) has exponentially grown into an international business hub for the world. In particular, Dubai has managed to attract some of the world’s most successful investment firms, funds, fintechs, and venture capital investment funds.

A key contributing factor to their financial success over the years has been due to the independent regulatory authority, the Dubai Financial Services Authority (DFSA). The DFSA is responsible for regulating all financial and ancillary services in Dubai. The DFSA cohesively operates with the Dubai International Financial Centre (DIFC) to ensure the smooth functioning of its regulated financial hub.

In the following commentary, the Licensing team at SALVUS outlines requirements for obtaining Category 3A or Category 4 financial license in alignment with the DFSA and DIFC, and how the two categories compare. We also mention our approach to helping you obtain your desired license suitable to your particular business needs.

Moreover, our Licensing team provides information about the advantages of operating a business in the DIFC, the DFSA’s vision and regulatory approach, and finally some advice from the DFSA themselves in becoming a licensed investment firm, investment fund, Electronic Money Institution (EMI) or any other type of financial services provider.

1. DFSA Category 3A license requirements and authorisation
2. DFSA Category 4 license requirements and authorisation
3. How Category 4A and Category 4 licenses compare
4. Obtaining a DFSA Category 3A or DFSA Category 4 license with SALVUS
5. Advantages of operating a business in the DIFC
6. The DFSA’s vision and regulatory approach
7. Advice from the DFSA for becoming a licensed entity

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Find the full article here: https://salvusfunds.com/2023/11/06/establishing-a-dfsa-category-3a-and-category-4-licence-in-dubai-in-2023/