This listing concerns an existing UAE entity described as holding a Category 5 financial services licence. The supplied information states that operations have not commenced and that a Mashreq corporate bank account is in place. Assess the authorised activities, ongoing costs and conditions for a change in ownership.<\/p>\n\n\n\n
The listing describes a Category 5 financial services licence issued by the Securities and Commodities Authority (SCA). The regulator was renamed the Capital Market Authority (CMA) with effect from 1 January 2026. Any proposed UAE financial business must fall within the entity\u2019s specific authorised activities and current licence conditions.<\/p>\n\n\n\n
Key Features:<\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n Email<\/strong>\uff1aHello@chesagroup.com<\/a><\/p>\n\n\n\n Category 5 covers arranging and advice, with the scope determined by the activities approved for the individual entity. The category alone does not authorise proprietary trading, brokerage execution, fund management or deposit-taking. Check the licence and activity schedule rather than treating the category name as permission to provide all financial services.<\/p>\n\n\n\n Obtain the licence and activity schedule, commercial registration, evidence of paid-up capital, compliance staffing and employment arrangements, office lease, annual fee records and regulatory correspondence. An entity that has not started trading may still have expenses, lease commitments and employment obligations. Confirm with Mashreq the requirements for changes to shareholders, beneficial owners and authorised signatories, and for continuation of the account. <\/p>\n\n\n\n Specify the equity stake, included and excluded assets, client records, brands, domains, software rights, contracts and personnel arrangements. Keep client money distinct from the company\u2019s own funds and the purchase price. Verify seller statements about liabilities and historical compliance against original records, and allocate responsibility in the agreement.<\/p>\n\n\n\n 1. Initial Assessment: <\/strong>Clarify the buyer\u2019s background, source of funds, business plan and proposed acquisition scope. Share further information under appropriate confidentiality arrangements.<\/p>\n\n\n\n 2. Due Diligence: <\/strong>Conduct legal, financial, regulatory and operational reviews. Identify matters requiring remediation, consent or further evidence.<\/p>\n\n\n\n 3. Terms and Required Procedures: <\/strong>Agree the price, payment milestones, representations, warranties, liabilities and termination rights. Complete the ownership, personnel and contractual change procedures required for the actual structure, including any prior regulatory approval.<\/p>\n\n\n\n 4. Closing and Handover: <\/strong>Once closing conditions are satisfied, transfer the agreed interests and update corporate records, account mandates and system permissions. Confirm document custody, transition support and ongoing reporting responsibilities.<\/p>\n\n\n\n Not automatically. First confirm that the licence remains valid and that staffing and premises requirements are met. Complete the applicable regulatory, corporate and banking change procedures. If the proposed business falls outside the existing authorised activities, establish and satisfy the requirements for adding those activities before commencing them.<\/p>\n\n\n\n No fixed price or guaranteed completion date is published here. These depend on current availability, due diligence findings, regulatory procedures and the agreed handover scope. Company age, existing accounts and registration history do not guarantee approval speed or future returns.<\/p>\n\n\n\n Provide the project name or listing reference, buyer entity, proposed activities, target customer markets, acquisition scope and preferred timetable. Share identity, financial and source-of-funds documents through agreed due diligence channels rather than in public comments.<\/p>\n\n\n\n Category 5 Arranging and Advice Rules<\/a>: check current records using the target company\u2019s full legal name and licence or registration number. General regulatory information does not establish the status of this particular company.<\/p>\n\n\n\n Explore other licensed and existing company acquisitions<\/a>, review our AML and KYC compliance services<\/a>, or contact ChesaGroup<\/a> to confirm project information and transaction arrangements.<\/p>","protected":false},"featured_media":0,"template":"","meta":{"_acf_changed":true},"trading-region":[],"class_list":["post-2606","license-trading","type-license-trading","status-publish","hentry"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/chesagroup.com\/en\/wp-json\/wp\/v2\/license-trading\/2606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chesagroup.com\/en\/wp-json\/wp\/v2\/license-trading"}],"about":[{"href":"https:\/\/chesagroup.com\/en\/wp-json\/wp\/v2\/types\/license-trading"}],"wp:attachment":[{"href":"https:\/\/chesagroup.com\/en\/wp-json\/wp\/v2\/media?parent=2606"}],"wp:term":[{"taxonomy":"trading-region","embeddable":true,"href":"https:\/\/chesagroup.com\/en\/wp-json\/wp\/v2\/trading-region?post=2606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
Category 5 Activities and Mashreq Account Arrangements<\/h2>\n\n\n\n
UAE Category 5 Acquisition: Due Diligence and Deal Scope<\/h2>\n\n\n\n
Four Acquisition Stages and Closing Conditions<\/h2>\n\n\n\n
Frequently Asked Questions<\/h2>\n\n\n\n
Can the Company Start Operating Immediately After Acquisition?<\/h3>\n\n\n\n
How Are the Price and Completion Timeline Determined?<\/h3>\n\n\n\n
What Should I Provide for an Initial Enquiry?<\/h3>\n\n\n\n
Official Verification and Related Services<\/h2>\n\n\n\n