Licence type
No EMI. Stored Value Facility (SVF) licence and Retail Payment Services under the Retail Payment Services and Card Schemes Regulation, federal.
Verified 2026-07-02
Source: CBUAE
Regulator
Central Bank of the UAE (CBUAE). Separate from Dubai VARA, which regulates crypto.
Verified 2026-07-02
Source: CBUAE
Capital requirement 🔒
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Timeline to authorisation 🔒
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Local substance 🔒
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Application cost 🔒
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Ongoing cost 🔒
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Passporting 🔒
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EMIs authorised 🔒
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Key restrictions 🔒
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Safeguarding 🔒
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Recent changes
Transition deadline 16 Sep 2026 for in-scope entities.
Verified 2026-07-02
Source: CBUAE
Difficulty rating 🔒
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Track United Arab Emirates (Dubai - VARA)
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Informational only, not legal advice. Entries marked as placeholder or awaiting verification must not be relied on. Confirm all requirements with United Arab Emirates (Dubai - VARA)'s regulator and qualified local counsel before acting.