Virtual asset service provider (non-MiCA) · Dubai International Financial Centre (DIFC)

Financial Services Permission with Crypto Token Activities Endorsement (Dubai International Financial Centre (DIFC))

The Financial Services Permission with Crypto Token Activities Endorsement is issued by Dubai Financial Services Authority (DFSA) under the Regulatory Law. The legal decision period is No statutory decision period: the Regulatory Law (Art. 48) only requires the DFSA to notify the applicant of its decision without undue delay. The application fee is USD 10,000. Ownership changes need the regulator's approval before completion.

Last verified 2026-09-24Regulator DFSAMarkdown · Data (CC BY 4.0)
Financial Services Permission with Crypto Token Activities Endorsement: licenceVASP

At a glance

Official nameFinancial Services Permission with Crypto Token Activities Endorsement1
Issued byDubai Financial Services Authority
JurisdictionDubai International Financial Centre (DIFC)
Licence familyVirtual asset service provider (non-MiCA)
Legal basisRegulatory Law2
DFSA Rulebook: Anti-Money Laundering, Counter-Terrorist Financing and Sanctions Module (AML)3
PassportingDomestic only
Application feeUSD 10,0004
Annual feeUSD 35,0004
Statutory decision timeNo statutory decision period: the Regulatory Law (Art. 48) only requires the DFSA to notify the applicant of its decision without undue delay2

What it lets you do

  • Virtual asset exchange (FATF). Exchanging virtual assets for fiat currency or for other virtual assets as a business, as defined in the FATF glossary.
  • Virtual asset transfer (FATF). Conducting transactions that move virtual assets between addresses or accounts on behalf of another person.
  • Virtual asset safekeeping (FATF). Safekeeping or administering virtual assets, or instruments enabling control over them, for another person.

Where it is valid

Dubai International Financial Centre (DIFC) licence, domesticDubai International Financial Centre (DIFC)
Valid in Dubai International Financial Centre (DIFC).

Cost

Cost components, upper bound total USD 45,000Application fee: USD 10,000Annual supervisory fee: USD 35,000
Regulatory costs from the official sources above. Professional fees, staff, office and audit come on top and depend on the business model.

Buying a company that already holds it

Prior approval required. Under Regulatory Law 2004 Article 59 and DFSA Rulebook General Module (GEN) Section 11.8, prior written approval from the DFSA is required before any person becomes a Controller, or increases their holding across 30% or 50% thresholds. A Controller is defined as someone holding 10% or more of shares or voting rights, or exercising significant influence over management. Under GEN 11.8.6, the DFSA must determine an application for approval of a change of control within 90 days of receipt of a duly completed application.5

Ready-made companies holding this licence: see verified positions.

Laws behind it

Getting this licence

Protegra handles this licence end to end: crypto licensing in DIFC: process, timeline and our fee.

Last verified 2026-09-24Author Danil Marmysh, Founder & CEO, ProtegraReviewed by Anastasia Sidorenkova, Head of Licensing, ProtegraReport an errorReference information, not legal advice.

Sources

  1. dfsaen.thomsonreuters.com: 12 january 2026 dfsa implements major updates crypto token r · retrieved 2026-09-24
  2. dfsaen.thomsonreuters.com: regulatory law 1 · retrieved 2026-09-24
  3. dfsaen.thomsonreuters.com: anti money laundering counter terrorist financing and sancti · retrieved 2026-09-24
  4. dfsaen.thomsonreuters.com: fees module fer ver3504 26 · retrieved 2026-09-24
  5. dfsaen.thomsonreuters.com: general module gen ver7207 26 · retrieved 2026-09-24

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