Foreign Securities Promotion Business License in Dubai
Topic Summary
What Activity Code 7310.97 Actually Covers
This Professional Business License authorises the promotion and marketing of foreign-issued securities, including equities, bonds, and structured products, to investors in and through Dubai. It covers advisory, promotional, and intermediary functions but does not extend to direct trading or asset management.
Dubai South Free Zone's Strategic Advantages
Located adjacent to Al Maktoum International Airport, Dubai South Free Zone offers direct connectivity to major international markets and sits at the heart of a top-ten global financial centre. The UAE's non-oil GDP grew approximately 4.5% in 2024, signalling strong and sustained regional demand for diversified investment products.
100% Foreign Ownership With No Local Sponsor
Unlike mainland UAE structures, Dubai South Free Zone permits full foreign ownership, eliminating the need for a local partner or sponsor. This makes it especially attractive for international brokerage firms and investment promotion agencies entering the GCC market.
Low Setup Costs and Fast Turnaround
Estimated annual license fees range from AED 10,000 to AED 20,000, with a setup timeline of just 5 to 10 working days. A flexi-desk or business centre address is sufficient, removing the need for large commercial premises.
Significant Tax Benefits Available to License Holders
There is zero personal income tax in the UAE, and qualifying free zone businesses can access corporate tax exemptions. The UAE also holds double taxation agreements with over 130 countries, reducing cross-border tax friction for foreign securities promotion businesses.
Who Is Best Suited for This License
The license is designed for international brokerage firms, financial advisory businesses, and investment promotion agencies that want a regulated UAE base to reach GCC and MENA investors. Businesses marketing foreign-listed equities, bonds, or structured products to regional clients will find it a particularly strong fit.
Regulatory Credibility Backed by the SCA
The UAE Securities and Commodities Authority governs securities-related activities and has progressively modernised its framework to meet international standards. This regulatory credibility, combined with growing regional investor appetite, makes Dubai a compelling and compliant base for foreign securities promotion.
Dubai's position as a global financial corridor makes it one of the most strategically advantageous locations for businesses promoting foreign securities to institutional and retail investors alike. This guide covers everything you need to know about obtaining a Foreign Securities Promotion Business License (Activity Code 7310.97) at Dubai South Business Hub Free Zone, from setup costs and compliance steps to why Dubai is built for this activity.
What the Foreign Securities Promotion License Covers
Activity Code 7310.97 is classified as a Professional activity under a Business License category. It authorises the promotion and marketing of securities issued by foreign entities to investors in and through Dubai, giving qualifying businesses a legitimate and structured pathway to reach GCC and wider MENA audiences.
The license covers advisory, promotional, and intermediary functions related to foreign financial instruments, including foreign-listed equities, bonds, and structured investment products. Businesses holding this license can engage in investor outreach, produce promotional materials, and act as intermediaries connecting foreign issuers with local and regional investors.
It is important to note that this license does not extend to direct trading or asset management. Any firm wishing to conduct those activities will require additional regulatory approvals from the relevant UAE financial authorities.
UAE and Dubai Market Context
The UAE consistently ranks among the top ten global financial centres, with Dubai accounting for a significant share of regional capital flows. Dubai South Free Zone is situated adjacent to Al Maktoum International Airport, positioning it as a key logistics and business hub with direct connectivity to major international markets.
The UAE's non-oil GDP grew at approximately 4.5% in 2024, underpinning strong and sustained demand for diversified investment products across the region. Alongside this economic expansion, the GCC has seen a growing base of high-net-worth individuals and institutional investors actively seeking exposure to international securities markets.
The regulatory environment is well-aligned with international standards. The UAE Securities and Commodities Authority (SCA) governs securities-related activities and has progressively modernised its framework to attract reputable global financial businesses. This combination of economic growth, investor appetite, and regulatory credibility makes Dubai a compelling base for foreign securities promotion.
Key Facts at a Glance
Activity Code: 7310.97 | License Type: Business License | Category: Professional
UAE non-oil GDP growth: approximately 4.5% in 2024
Double taxation agreements with over 130 countries
100% foreign ownership permitted at Dubai South Free Zone
Estimated license fees: AED 10,000 to AED 20,000 annually
Estimated setup timeline: 5 to 10 working days
Zero personal income tax and qualifying free zone corporate tax exemptions available
Who This License Suits and Setup Requirements
This license is ideally suited to international brokerage firms, investment promotion agencies, and financial advisory businesses seeking a UAE base from which to access GCC and MENA investors. It is particularly relevant for businesses marketing foreign-listed equities, bonds, or structured products to regional clients.
One of the most attractive features of Dubai South Free Zone is that 100% foreign ownership is permitted, removing the need for a local sponsor or partner. There is no requirement for a physical warehouse or large commercial facility. A standard business centre or flexi-desk arrangement is sufficient to satisfy the operational address requirements for this license type. Minimum share capital requirements may apply; businesses should confirm current thresholds directly with the Dubai South authority at the time of application.
Licensing and Compliance Requirements
The Business License is issued by the Dubai South Free Zone authority. Depending on the precise scope of promotional activities undertaken, SCA registration or a no-objection letter may also be required. Businesses are strongly advised to appoint a qualified compliance officer to meet anti-money laundering (AML) and know-your-customer (KYC) obligations under UAE law.
The license is subject to annual renewal, which requires updated documentation and timely fee payment. All license holders must adhere to UAE Federal Decree-Law No. 4 of 2000 on the SCA and any subsequent amendments or relevant securities regulations issued by the authority.
Setup Costs and Steps
License fees at Dubai South typically range from AED 10,000 to AED 20,000 annually, depending on the package selected. Additional costs to budget for include visa fees, notarisation of documents, and charges for a registered address or flexi-desk arrangement.
The setup process follows a clear sequence:
Submit the application and a business plan to Dubai South Free Zone
Provide passport copies, proof of address, and corporate documents for all shareholders and directors
Pay license and registration fees upon receipt of approval
Obtain Emirates ID and residence visas for relevant personnel
Open a UAE corporate bank account to commence operations
The estimated timeline from application submission to license issuance is 5 to 10 working days, making this one of the more efficient free zone setup processes available in the UAE.
Why Dubai Is Well-Positioned for Foreign Securities Promotion
Dubai offers a compelling combination of fiscal, regulatory, and geographic advantages for businesses in the foreign securities promotion space. Qualifying free zone income benefits from zero corporate tax under the UAE's 9% corporate tax framework, and there is no personal income tax, making Dubai an attractive destination for senior financial professionals considering relocation.
Dubai's time zone bridges Asian and European markets, enabling real-time investor engagement across multiple jurisdictions within a single business day. The city's robust financial infrastructure, including the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX), supports a mature and well-connected securities ecosystem.
The UAE has established double taxation agreements with over 130 countries, reducing the tax burden for businesses operating across borders. Dubai South's proximity to Expo City and its integrated logistics networks further support both client-facing functions and back-office operations for financial services firms.
Conclusion
A Foreign Securities Promotion Business License at Dubai South Free Zone offers international financial businesses a cost-effective, compliant, and strategically located base to access GCC and MENA investors, backed by a transparent regulatory framework and favourable tax conditions. Contact a Dubai South-registered business setup consultant today to begin your license application and receive a tailored cost estimate for your foreign securities promotion business.
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