DMCC Proprietary Trading Company in UAE for sale

Key details

• Location: DMCC, Dubai, UAE
• Age: more than 4 years
• Type: proprietary trading, using its own capital only
• Status: dormant, with no history of operations and no client activity
• Liabilities: none, and no regulatory issues
• Owner: currently a Romanian citizen
• Licence: for a non-regulated activity, so no special regulatory approvals are needed; valid until March 2027
• Compliance: passed the most recent DMCC field inspection and compliance audit
• Office: an office lease that is active
• Audits: a clean audited history
• Running costs: only compliance upkeep, the audit and the lease

Banking and payments

• Corporate accounts with three UAE banks: Abu Dhabi Islamic Bank, Emirates Islamic Bank and Al Maryah Community Bank

Documentation

• A full documentation package can be provided: compliance records, licence documents, audited reports and bank statements