I will do aml registration for uae dnfbps

Businesses in the UAE that fall under Designated Non-Financial Businesses and Professions (DNFBPs) are required by law to register on the Ministry of Economys goAML portal. This is part of the UAEs compliance with Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) regulations.

Entities required to register include:

• Real estate brokers and agents
• Dealers in precious metals and stones
• Auditors and accountants
• Company and trust service providers
• Lawyers and notaries
• Other businesses classified as DNFBPs by UAE authorities

Why registration is important:

• It is a mandatory legal requirement under UAE Federal Decree No. 20 of 2018.
• Non-compliance can lead to fines ranging from AED 50,000 up to AED 5 million, along with possible suspension or cancellation of business licenses.
• Registered entities are able to meet their obligations to file Suspicious Transaction Reports (STRs) and maintain proper compliance procedures.

This service is designed to help UAE businesses meet their AML registration obligations in line with the law. The process ensures that companies remain compliant, avoid penalties, and are equipped to handle future AML reporting requirements.