goAML Registration in Dubai
goAML Registration in Dubai is a crucial compliance step for businesses operating in one of the world’s most dynamic hubs for innovation and growth. While opportunities are vast, companies must also navigate strict Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) regulations that govern financial transactions.
At Unicorn Global Solutions (UGS), a trusted Business Setup Consultant in Dubai, we emphasize the importance of Dubai goAML registration for companies. This system, mandated by the UAE authorities, plays a critical role in ensuring compliance, safeguarding businesses, and protecting the UAE’s financial system from risks.
What is the goAML System in Dubai?
The goAML system is an essential part of Dubai’s regulatory landscape, designed to effectively combat financial crimes. Developed by the United Nations Office on Drugs and Crime (UNODC) and adopted by the UAE’s Financial Intelligence Unit (FIU).
The platform allows:
- Financial institutions and
- Designated Non-Financial Businesses and Professions (DNFBPs) – including real estate brokers, corporate service providers, dealers in precious metals and stones, and other relevant businesses –to submit Suspicious Transaction Reports (STRs) and Suspicious Activity Reports (SARs) directly to the FIU.
Compliance with goAML is not optional. For both new and existing businesses in Dubai, registration and certification are mandatory. Non-compliance can result in heavy fines ranging from AED 50,000 to AED 1,000,000, along with reputational risks that could disrupt your operations.
Simply put, the goAML system acts as a protective shield—ensuring transparency, building trust among stakeholders, and fostering an ethical business culture.
How Unicorn Global Solutions Assists with goAML Registration
At Unicorn Global Solutions, we specialize in guiding businesses through every step of the compliance journey. With deep expertise in regulatory frameworks and corporate services, our team ensures that your company becomes fully compliant with goAML requirements without hassle.
Along with goAML registration, we also provide:
- Company Formation Services
- Residency Visa Assistance
- Business Licensing and Registration
- Accounting and Tax Support
- Intellectual Property Rights Services
- Market Research and Business Consulting
- Corporate Compliance and Professional Advisory
Our goal is to make business setup and compliance in Dubai smooth, efficient, and reliable.
Steps for goAML Registration in Dubai
Registering with the goAML portal can be complex, but with our expertise, the process becomes seamless.
At UGS, we follow a structured approach:
- Business Assessment – We determine if your company falls under the DNFBPs list issued by the Ministry of Economy (MoE).
- AML/CFT Training Programs – We recommend the most suitable AML/CFT training sessions to help your team understand compliance requirements.
- goAML Registration & Certification – We complete the registration on your behalf and ensure your business is officially goAML certified.
Remember: DNFBPs must be registered with goAML to operate legally in the UAE and to contribute to a secure financial environment.
Unicorn Global Solutions – Your Partner for Compliance & Business Success
As a leading Business Setup Consultant in Dubai, Unicorn Global Solutions is committed to helping businesses establish, grow, and remain compliant in the UAE. Whether you are setting up a new venture or managing an existing company, our team ensures that your operations run smoothly while meeting all regulatory requirements.
To get started with goAML Registration in Dubai, or to streamline your business setup and compliance needs, connect with Unicorn Global Solutions today.
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Topics
Common Questions
Frequently Asked Questions
Yes. Regardless of location—Mainland, Free Zone, or Offshore—if your business falls under DNFBPs or similar categories, goAML registration is mandatory.
Yes, the portal supports different registration roles. However, DNFBPs, VASPs, and financial institutions should register as “Reporting Entities.”
Stage 1 (Pre-Registration/SACM): Register via the FIU’s SACM portal to obtain a Username and Secret Key—used with Google Authenticator.
Stage 2 (goAML Portal Registration): Use the credentials from Stage 1 to log in and complete the registration by submitting organizational and Compliance Officer details
No, there is no charge—goAML registration is free for financial institutions, DNFBPs, and VASPs
Failure to register or report via goAML can result in:
Fines ranging from AED 50,000 up to AED 1 million (or more, depending on violations)
License suspension or revocation
Legal and reputational consequences
Yes, third parties may be delegated reporting responsibilities—but they must be registered as organizations on goAML and approved by the relevant supervisory body.
Reporting entities must file several types of reports, including (but not limited to):
Suspicious Transaction Reports (STRs) / Suspicious Activity Reports (SARs)
Dealers in Precious Metals and Stones Report (DPMSR)—for cash or wire transactions ≥ AED 55,000
Real Estate Activity Report (REAR)—for freehold property transactions ≥ AED 55,000
High-Risk Country Transaction / Activity Reports (HRC/HCRA), Partial Name Match Reports (PNMR), Fund Freeze Reports (FFR)
