RE:Dubai 3C license . An Authorised Firm which has a 3C licence can also provide Financial Services in Category 4 but cannot provide Financial Services in Categories 1, 2, 3A or 3B. Base Capital – US$ 500,000 Base capital requirement 3C Fund Manager – US$ 140,000 (to manage a Public Fund US$ 70,000 to manage exempt funds/QIFs). Expenditure based capital requirement of 18/52 of annual operating expenditure (as the Fund Manager will hold or control Client Money) Capital Plan must be captured in Internal Capital Adequacy Assessment Process Report. Note that additional capital requirements may be imposed by DFSA on review of the application.