Feature/Category

ADGM CURRENCY EXCHANGE LICENSE

ADGM Currency Exchange, including categories:

• Bureau de change
• FX remittance
• Crypto-to-fiat exchange (non-securities)

ADGM MONEY TRANSMISSION LICENSE

ADGM Money Transmission, including categories:

• Remittance services
• Domestic & International funds transfer
• Wallet-to-wallet payments

ADGM PAYMENT SERVICES PROVIDER LICENSE

ADGM Payment Services Provider, including categories:

• Merchant acquiring
• Gateway provider
• Payment aggregation
• POS services

ADGM PAYMENT SYSTEM OPERATOR LICENSE

ADGM Payment System Operator, including categories:

• Clearing house
• Interbank settlement network
• Payment rails operator

ADGM STORED VALUE FACILITY LICENSE

ADGM Stored Value Facility, including categories:

• E-wallet issuer
• Prepaid card operator
• Mobile app payment balance

Type of company required to be eligible

ADGM Company (Private Company Limited by Shares)

ADGM Company (Private Company Limited by Shares)

ADGM Company (Private Company Limited by Shares)

ADGM Company (Private Company Limited by Shares)

ADGM Company (Private Company Limited by Shares)

Minimum paid-up statutory capital

USD 150,000 – 250,000

USD 250,000

USD 250,000 – 500,000

USD 1,000,000+

USD 500,000 – 1,000,000

Corporate Taxation

9%

9%

9%

9%

9%

Main requirements

• Μin 2 directors (at least one must be UAE-resident or based in ADGM)
• Senior Executive Officer (SEO), Compliance/MLRO, Finance Officer approved by FSRA
• Physical office in ADGM
• External Audit
• Risk Management
• Record-keeping, and customer due diligence
• Proof of operational systems for exchange & reconciliation

• Min 2 directors (at least one must be UAE-resident or based in ADGM)
• Senior Executive Officer (SEO), Compliance/MLRO, Finance Officer approved by FSRA
• Physical office in ADGM
• External Audit
• Risk Management 

• Min 2 directors (at least one must be UAE-resident or based in ADGM)
• Senior Executive Officer (SEO), Compliance/MLRO, Finance Officer approved by FSRA
• Physical office in ADGM
• External Audit
• Risk Management 

• Min 2 directors (at least one must be UAE-resident or based in ADGM)
• Senior Executive Officer (SEO), Compliance/MLRO, Finance Officer approved by FSRA
• Physical office in ADGM
• External Audit
• Risk Management
• Independent system audit & risk analysis

• Min 2 directors (at least one must be UAE-resident or based in ADGM)
• Senior Executive Officer (SEO), Compliance/MLRO, Finance Officer approved by FSRA
• Physical office in ADGM
• External Audit
• Risk Management
• Independent audit of technical readiness