• Application: Complete the requirements above and submit the application form for each change in control on the DFSA ePortal. If applicable, the DFSA will then issue a fee invoice. Once the fees are paid, the application will be accepted for evaluation.
• Evaluation: The DFSA will conduct a thorough assessment of the application. If there is insufficient information, the DFSA will request additional information. If the application is satisfactory, you will receive an in-principal letter.
• Approval: The DFSA will conduct a final assessment and will grant approval if the outcome is successful.

The DFSA may request for a range of documents to be submitted with the application. These include, but are not limited to:

• Certificate of incorporation
• Partnership agreement
• Memorandum of Understanding
• Articles of association
• Most recent financial statements (audited preferred)
• Regulatory licenses
• Annual reports
• Pre and Post change ownership structure

Fees will vary based on the nature and scale of financial activities. More details can be found in the Fees module (FER) of the DFSA Rulebook. Service fees are paid through bank transfer to the DFSA.