Start a Trading in Global Markets Business in Dubai
Dubai has established itself as one of the world's most dynamic financial and commercial centres, attracting entrepreneurs and institutional investors from every corner of the globe. With its strategic location bridging East and West, world-class infrastructure, and business-friendly regulatory environment, the emirate offers an unparalleled platform for those looking to engage in global markets trading. Whether you are an individual trader, a fund manager, or a financial services firm, setting up a trading in global markets business in Dubai places you at the heart of a thriving ecosystem designed for growth.
This guide covers everything you need to know about obtaining a Trading in Global Markets license under Activity Code 6612.89 at Dubai South Business Hub Free Zone, including what the license covers, who it suits, setup costs, compliance requirements, and why Dubai remains one of the most compelling locations in the world for this type of business.
What Is the Trading in Global Markets License?
The Trading in Global Markets license falls under the Financial category and is classified as a Business License at Dubai South Business Hub Free Zone. Activity Code 6612.89 covers the activities of dealers, brokers, and other intermediaries who facilitate the buying and selling of financial instruments, commodities, currencies, and other tradeable assets on international markets. This includes securities trading, foreign exchange dealing, derivatives brokerage, and related financial intermediary services.
The license permits holders to operate as market participants, connect with international exchanges and trading platforms, and serve clients seeking exposure to global asset classes. It is distinct from purely advisory or asset management activities, focusing specifically on the execution and facilitation of trades across global markets.
Who Is This License Suited For?
The Trading in Global Markets license is well suited to a wide range of professionals and business types, including:
Independent traders and proprietary trading firms seeking a regulated base in the Middle East
Foreign exchange brokers and currency dealers
Commodity and derivatives brokers operating across international exchanges
Financial intermediaries connecting regional clients with global capital markets
Fintech companies offering trading platforms or execution services
Investment firms looking to establish a presence in the Gulf Cooperation Council (GCC) region
Why Dubai and Dubai South Business Hub Free Zone?
Dubai South Business Hub Free Zone is strategically positioned adjacent to Al Maktoum International Airport and the Expo City district, making it one of the most logistically advantageous free zones in the UAE. The zone offers a business-friendly environment with streamlined licensing procedures, modern office infrastructure, and direct access to global trade corridors.
Beyond the free zone itself, Dubai's broader market context makes it an exceptional choice for global markets trading. The UAE processed over USD 400 billion in non-oil foreign trade in recent years, and Dubai accounts for the lion's share of that activity. The country's time zone allows traders to operate across Asian, European, and American market sessions within a single business day, providing a genuine competitive advantage.
The UAE also maintains Double Taxation Avoidance Agreements (DTAAs) with over 130 countries, reducing withholding tax burdens for international businesses. Corporate tax, introduced at 9% for profits exceeding AED 375,000, remains among the lowest in the world for qualifying businesses, and free zone entities may benefit from qualifying income exemptions under the current framework.
Key Stats at a Glance
Activity Code: 6612.89 - Trading in Global Markets
License Type: Business License
Category: Financial
Free Zone: Dubai South Business Hub
UAE Corporate Tax Rate: 9% (profits above AED 375,000)
DTAAs: Over 130 countries
Foreign Ownership: 100% permitted in free zones
Typical License Processing Time: 3 to 7 working days
Licensing and Compliance Requirements
To obtain a Trading in Global Markets license at Dubai South Business Hub Free Zone, applicants must meet a set of standard documentation and regulatory requirements. These typically include:
Completed license application form
Copies of passport and visa documents for all shareholders and directors
Business plan outlining the nature of trading activities
No-objection certificate (NOC) if the applicant is currently employed in the UAE
Bank reference letters or proof of financial standing
Relevant professional qualifications or experience documentation, depending on the scope of activity
Depending on the specific trading activities conducted, additional approvals from the UAE Securities and Commodities Authority (SCA) or the Central Bank of the UAE may be required. It is advisable to seek professional guidance to determine which regulatory bodies apply to your specific business model before submitting your application.
Setup Costs and Steps
Setting up a Trading in Global Markets business in Dubai South involves several clear steps. First, you select your business activity and confirm the license category. Second, you choose your company structure, most commonly a Free Zone Limited Liability Company (FZ-LLC). Third, you submit your documentation and pay the applicable license and registration fees. Fourth, you arrange your office or flexi-desk space within the free zone. Finally, you open a corporate bank account and begin operations.
License fees at Dubai South Business Hub Free Zone are competitive, with packages available to suit sole traders and larger corporate entities alike. Costs typically encompass the license fee, registration fee, and office or workstation fees. Total setup costs can start from approximately AED 12,000 to AED 20,000 for entry-level packages, though this varies based on office requirements and the number of visa allocations needed.
Foreign Ownership and Visa Benefits
One of the most attractive features of establishing a business in a UAE free zone is the ability to retain 100% foreign ownership. There is no requirement to appoint a local UAE national as a shareholder or sponsor, giving international entrepreneurs full control over their business. Free zone license holders are also entitled to apply for UAE residence visas for themselves, their employees, and eligible dependants, with the number of visas linked to the size of the office space leased.
Re-Export and Operational Flexibility
While the Trading in Global Markets license is primarily focused on financial intermediary and trading activities rather than physical goods, businesses operating under this license can structure their operations to serve clients across the GCC, wider Middle East, Africa, and Asia. Dubai's position as a re-export hub and its open economy mean that complementary business activities can often be added to a license, providing operational flexibility as your business grows.
Related Activities
Brokerage in Commodities Listed in Local Markets Business License
Brokerage In Securities Listed In Foreign Markets Business License
Local Shares & Bonds Brokers Business License
