Request for New Authorisation (Principal Representative)

Obtain authorisation to carry out one or more Licensed Functions for an Representative Office

SERVICE FEES: 0
PAYMENT METHODS: Not applicable

Service Process

Enquire

Generate and get your
enquiry screened

Apply

Submit your
application

Evaluate

Undergo application
review

Fulfil

Complete invoicing
and acceptance

Approve

Receive service delivery
and approval

Service Pre-requisites

Refer to Gen 7.4 and RPP 2-3 of the DFSA Rulebook
Submit the Principal Representative status application form on the DFSA ePortal.

Required Documents

The following documents need to be submitted with the application form:

Candidate's passport...

Service Fees

Fees details can be found in the Fees Module (FER) of the DFSA Rulebook. Service fees are paid through bank transfer to the DFSA.

Enquire

Apply

Evaluate

Fulfil

Approve

Not applicable

Duration
Not applicable

Channel
DFSA Website

Document
Not applicable

Complete the application form on the DFSA e-Portal and submit it with all required documents.

Duration
TBC

Channel
DFSA Website

Document
All documents listed under "Required Documents".

The DFSA will conduct a thorough assessment of the application, which may include an interview to evaluate the applicant’s knowledge, skills, and fitness for the role.

Duration
TBC

Channel
Email/Phone/Website

Document
Any additional documents requested by the DFSA during the evaluation.

Ensure all in-principal authorisation conditions are met as outlined by the DFSA.

Duration
TBC

Channel
Email/Phone/Website

Document
Any supporting evidence as required by the DFSA for conditions fulfilment

The DFSA will conduct a final assessment before granting authorisation.

Duration
TBC

Channel
Email/Phone/Website

Document
None, unless explicitly requested by the DFSA.

Paired Services

Request for New Authorisation
Financial Services

Request authorisation to carry Financial Services in or from the DIFC.

Request for New Authorisation
Representative Offices

Obtain authorisation to operate a Representative Office in the DIFC.

Request for New Authorisation
Credit Rating Agencies

Obtain authorisation to operate as a Credit Rating Agency in or from the DIFC.

Request for Information to DFSA
Supervision

Seek clarification or guidance on specific regulatory requirements of supervisory processes.

Request for Amendment of
Supervision Scope

Apply to change the scope of your licence

Request for Amendment to
Ownership and Control Structure

Notify, or seek approval from, the DFSA on changes in the ownership or control structure of your Authorised Firm.

Withdraw
Authorisation

Request to withdraw your licence as an Authorised Firm, ceasing to carry Financial Services in or from the DIFC.

Submit
Reports

Submit financial reports produced by your auditor.

Submit
Notifications

Submit Notifications

Authorised Individuals/Key Individuals