Registration of GoAML is a legal obligation for a broad scope of businesses in the UAE. It is obligatory, and the effects of not attending it are severe. At Neyom Global, we do it on your behalf to keep you in the right spot without the tussle.
Knowing what goAML does will allow you to understand why goAML exists and what you should do after being registered. It is not a one-time form to fill; it is a continuous compliance tool.
The information sent using the platform is encrypted at an advanced level. The messages are not transmitted across insecure media.
The system simplifies the process of making and filing suspicious transaction reports (STRs) and other disclosures that are mandatory.
Inbuilt applications enable the FIU to examine and visualize financial trends—assisting in the detection of risks that your company is not aware of.
The administrators are able to manage who in your organization can access the system as well as what they can do with the system.
goAML is compliant with FATF as well as international standards of best practices of AML/CFT, which implies that your UAE registration is accepted throughout the world.
The platform allows criminals and regulators to be ahead of financial crime by using algorithms to flag and assess potential risks.
goAML is also integrated with current financial systems, and this implies that manual data entry is minimized and the chances of errors in reporting are also reduced.
Any communication from the FIU is conducted via encrypted channels. Delicate secrets remain between your company and the authority.
The system is updated at regular intervals to reflect the developments in the regulatory requirements in the UAE; hence, you are always competing with new rules..
GoAML registration does not apply to every business. However, companies dealing with financial transactions, client funds, or regulated industries usually need to register.
GoAML registration is not complex if you understand the process. Most issues happen because businesses prepare the wrong documents or submit incorrect information.
We ensure that your business is in the category of regulation we are dealing with first. This will decide the precise needs in your goAML and ensure that nothing is overlooked.
We provide you with an accurate list of our requirements, which are your trade license, shareholder or board resolution, and any other supporting documents. No conjectures, no to-and-fro requesting things we had omitted.
Details that we need to collect are the authorized signatory information of your company, such as email address, mobile number, home address, and PO Box (where applicable). This is a compulsory step in goAML registration.
We check the entire application before sending it back to us. Any mistakes at this point may lead to either shortages or rejection, and hence, we take time at this stage.
After verifying all these, the AED 450 registration fee is paid, and your application is made in the official goAML portal. You do not have to log in and navigate the system to submit it yourself; we do it on your behalf.
We confirm that your registration is through and guide you on what you are required to do continuously under the UAE AML law. Registration is not the end; we ensure that you know what to do afterwards.
We charge a single fixed fee for the entire goAML registration process. No hourly rates, no extra charges for document review, and no bill at the end that looks different from what we quoted.
We know what the FIU expects. Your registration was submitted the first time correctly.
We stay on top of changes to UAE AML regulations so you do not have to track them yourself. .
You will speak to someone who actually understands the goAML system — not a chatbot or a call centre.
These are the questions we get asked the most. We give straight answers.
No, the registration is not mandatory for all businesses in the UAE. It is mandatory for financial institutions, DNFBPs (Designated Non-Financial Businesses and Professions), virtual asset service providers, and non-profit organizations. If you are still unsure whether the registration is mandatory for your business or not, we can check the same based on your trade license.
not be accepted by many authorities.
You would be required to provide your UAE trade license, shareholder resolution/board resolution authorizing the registration on goAML, and the personal details of the authorized signatory, including the email address, mobile number, and home address.
company stamp with the changes if that is the case. commence, and we advise you on this matter before we commence.
As long as we have all the necessary documents, the process is usually done within a few business days. The only time it might take longer is when the documents are incomplete or when there is an error in the authorized signatory’s details, which is precisely why we verify all the documentation before moving forward with the process.
Our fee for the entire goAML registration process is a flat fee of AED 450. This includes everything from the review and preparation of the documentation to the final submission of the application. There are no hidden fees, unless of course there are additional steps needed in your case, in which case we will inform you of this before moving forward with the process.
Yes. After you are registered, your business will need to keep watch and file Suspicious Transaction Reports (STRs), among other requirements, and continue to comply with the UAE anti-money laundering and combating the financing of terrorism requirements. We will take you through all of this as part of our registration process, so you are not surprised later on.
Yes. If you had your account rejected in the first place or are having problems with your account, you can contact us, and we will assist you in resolving the problem.
Neyom Global handles the full GOAML registration process on your behalf. One fixed fee, no back and forth, no missed deadlines.
