goAML Registration and Reporting 2025
Financial crime poses the most considerable risk. It not only damages people but also destroys systems as a whole. Unless registered correctly, your business (FIs, DNFBPs, VASPs) could be exposed to legal pitfalls and financial penalties. The Ministry of Economy has already been making warning announcements. For non-compliant companies, heavy penalties await.
So, it has become integral for businesses (FIs, DNFBPs, VASPs) to register for goAML and report any suspicious transactions. This system is already in place. It’s official, secure, and used by the UAE government to fight financial crimes.
Jitendra Chartered Accountants (JCA), one of the best AML consultants in UAE, can help you comply with AML and CFT regulations properly.
What is goAML in UAE?
goAML is a reporting system developed by the United Nations Office on Drugs and Crime (UNODC). It is used by the UAE’s Financial Intelligence Unit (FIU) to receive and analyse Suspicious Transaction Reports (STRs) and Suspicious Activity Reports (SARs). This tool is designed to help authorities identify illegal money movements and block them early.
The UAE was the first country in the Gulf region to use goAML. Now, the system is mandatory for several business types (FIs, DNFBPs, VASPs).
Who Must Register?
FIs (Financial Institutions), DNFBPs (Designated Non-Financial Businesses and Profits), and VASPs (Virtual Asset Service Providers) are required to register with goAML for compliance. For example, if you’re a Designated Non-Financial Business or Profession (DNFBP), you must register on the goAML portal. This includes:
- Real estate companies involved in property sales or purchases
- Auditing and accounting firms offering financial review services
- Jewellery and precious metals dealers selling or processing valuable items like gold or diamonds
- Company formation and trust service providers offering business setup and management services
If your company fits one of these categories, you are legally required to register and report suspicious activity through goAML. For more clarity, you can ask AML advisors in UAE about your particular liabilities.
What Happens If You Don’t Register?
Failure to register means you’re not following Federal Decree Law No. (20) of 2018 and Cabinet Decision No. (10) of 2019. This is a serious issue.
Penalties may include:
- Heavy fines, AED 50,000 up to AED 1,000,000
- Business license suspension
- Being flagged as a high-risk entity
The Ministry of Economy has already warned non-compliant businesses to act quickly. AML consultants in Dubai can help you register fast.
How to Register for goAML in 2025
The registration process has two stages. First, you must pre-register through the Security Access Control Management (SACM) system. Then you can complete full registration on the goAML portal.
Step 1: Pre-Register on SACM
You need:
- A scanned copy of your valid trade license or incorporation certificate
- Emirates ID of the user registering
- An official letter authorizing that person to act on behalf of the company (or as the company’s money laundering reporting officer)
Once these documents are ready, visit the SACM portal. Fill out the pre-registration form. Attach all required files. Check the terms and conditions box, then submit.
Step 2: Register on goAML Portal
After getting access through SACM:
- Get a username through the SACM system
- Download Google Authenticator to generate your login password
- Login to the goAML portal using your SACM credentials and the authenticator app
This login system protects your information and ensures only authorized users can access the reporting system.
The process might not be easy for first-time users; AML advisors in Dubai can help.
Required Documents for Full Registration
To complete the process, you must upload the following:
- Authorisation letter from your business
- Copy of MLRO Emirates ID, passport, and visa
- Trade license (or certificate of incorporation)
- An active email address and mobile number for verification codes
Make sure your mobile number is active, as it will receive SMS verification codes.
Why Reporting Is So Important in 2025
The UAE has taken serious steps to fight money laundering and terrorism financing. The goAML system is part of that plan. Businesses must now take more responsibility.
When you submit a Suspicious Transaction Report (STR), you’re not accusing someone; you’re alerting authorities that something doesn’t look right. They will investigate. You’ve done your part.
The government isn’t just encouraging businesses to comply. It’s making it mandatory. More checks, stricter penalties, and real-time monitoring are all coming in 2025. If your company isn’t prepared, you may face delays, audits, or worse.
Quick Checklist for 2025 Compliance
- Check if your company is a FI, DNFBP, or VASP.
- Complete SACM pre-registration
- Register on goAML with Google Authenticator
- Upload all required documents
- Train staff to detect and report suspicious activity/transactions
- Regularly check for updates from the FIU or the Ministry of Economy
- Seek help from AML agents in UAE
How can Jitendra Chartered Accountants (JCA) Help?
Registering for goAML is not just about fulfilling a compliance requirement; it’s about protecting your business and other businesses. It shows you care about doing things the right way. In 2025, that will matter more than ever.
Get registered today with the help of experienced professionals at JCA. We help you stay compliant constantly and stay ahead of the curve.