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Fintech & Payments in the UAE for Belgians

Payment technology, lending platforms, wealth-tech and financial software

DMCC Free Zone issues commercial, professional and industrial licences from its base in Dubai, and GoldenKey processes new registrations there every week. GoldenKey has guided hundreds of entrepreneurs through DMCC Free Zone company formation, from name reservation to the moment the licence PDF lands in their inbox. Importantly, fintech & Payments in DMCC Free Zone means payment technology, lending platforms, wealth-tech and financial software, and it is licensed as a professional activity. Belgians are a compact community with strength in diamonds, logistics and pharmaceuticals, so the DMCC Free Zone authority, the banks and the immigration officers see Belgian applications every day and process them without hesitation.

Why DMCC Free Zone

Home to the Dubai Gold & Commodities Exchange (DGCX). DMCC Free Zone is located in Jumeirah Lakes Towers (JLT), Dubai — central business district, and the registrar's processing time for a standard file is around 7 working days.

How DMCC Free Zone works with GoldenKey

  1. Step 1: Consultation and activity selection
    Step 1

    Consultation and activity selection

    We confirm that your activity is available in DMCC Free Zone, choose the licence type and agree the visa package and office option that match your plan.

  2. Step 2: Name reservation and initial approval
    Step 2

    Name reservation and initial approval

    Importantly, your trade name is reserved with the DMCC Free Zone authority and initial approval is obtained; this stage rarely takes more than two working days. This is also the point at which we answer any question specific to opening a fintech company in the UAE as a Belgian founder.

  3. Step 3: Document submission and payment
    Step 3

    Document submission and payment

    To be clear, with the forms and memorandum signed, GoldenKey lodges the attested paperwork and settles the licence fee with the registrar on your behalf.

  4. Step 4: Licence issued and next steps
    Step 4

    Licence issued and next steps

    Your DMCC Free Zone licence, certificate of incorporation and lease are issued, and we move straight on to the establishment card, visas and bank introduction. If the authority raises a query on opening a fintech company in the UAE as a Belgian founder at this stage, we handle it the same day.

Documents required

In our experience, for opening a fintech company in the UAE as a Belgian founder the registrar asks for the following documents, and we tell you exactly how each must be formatted.

  • A short business plan or activity description for certain professional activities
  • Your current residency visa and Emirates ID copy if you are a UAE resident
  • Attested parent-company documents and a board resolution if the shareholder is a company
  • A clear passport copy for each shareholder and manager, valid for at least six months
  • A police clearance certificate from Belgium if the activity or the Golden Visa category requires it
  • Proof of address such as a utility bill or bank statement, requested by some zones

Pricing

Use the table below to compare packages for opening a fintech company in the UAE as a Belgian founder; we will confirm the exact total for your case in a written quotation. Importantly, pricing for opening a fintech company in the UAE as a Belgian founder depends on the package you choose; every option below includes GoldenKey's service and the government fees stated.

Pricing available on request — message us for a written quotation.

Why the UAE

The UAE sits within an eight-hour flight of two-thirds of the world's population, which is why so many business owners choose it as a base for opening a fintech company in the UAE as a Belgian founder. Since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so opening a fintech company in the UAE as a Belgian founder no longer requires a local partner.

Why GoldenKey

GoldenKey is based in Ajman Free Zone and has helped founders from more than 60 countries with opening a fintech company in the UAE as a Belgian founder, so the paperwork, approvals and timing hold no surprises for us. As we tell every client, most of our DMCC Free Zone customers come to us through referrals from other founders, which is why we take pride in keeping every promise we put in writing. Our quotations for opening a fintech company in the UAE as a Belgian founder list every government fee and our service fee on one page, in writing, ahead of payment anything.

In practice, call or WhatsApp GoldenKey today and a consultant will walk you through opening a fintech company in the UAE as a Belgian founder step by step, with no obligation and no pressure.

Frequently asked questions

Can a DMCC Free Zone company do business on the UAE mainland?

A DMCC Free Zone company can sell to mainland customers through a mainland distributor, invoice services to mainland clients in most cases, and apply for a dual-licence arrangement where the emirate offers one. Direct retail or on-site contracting on the mainland needs a mainland licence.

Can I add more activities to my DMCC Free Zone licence later?

Yes, it can. DMCC Free Zone allows activity additions and changes through a licence amendment, which GoldenKey can process in a few working days for a small authority fee.

Is an audit required for a DMCC Free Zone company?

Requirements vary by zone and by company size. GoldenKey will confirm the current DMCC Free Zone rule when we prepare your quotation, and we provide bookkeeping if you need accounts in any case for corporate tax.

Can a Belgian citizen own 100% of a company in DMCC Free Zone?

Yes, it can. Belgians can own the full share capital of a DMCC Free Zone company with no local partner, exactly like any other nationality.

Is fintech & payments allowed in DMCC Free Zone?

Yes, it can. Belgians can own 100% of a fintech company in the UAE. {brand} recommends DMCC Free Zone for this activity and confirms any sector approvals before you commit.

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