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 licence under Activity Code 6612.89 at Dubai South Business Hub Free Zone, including what the licence 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 Licence?

The Trading in Global Markets licence falls under the Financial category and is classified as a Business Licence 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 licence 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 Licence Suited For?

The Trading in Global Markets licence 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

• Licence Type: Business Licence

• 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 Licence Processing Time: 3 to 7 working days

Licensing and Compliance Requirements

To obtain a Trading in Global Markets licence at Dubai South Business Hub Free Zone, applicants must meet a set of standard documentation and regulatory requirements. These typically include:

• Completed licence 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 licence 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 licence 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.

Licence 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 licence 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 licence 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 licence is primarily focused on financial intermediary and trading activities rather than physical goods, businesses operating under this licence 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 licence, providing operational flexibility as your business grows.

Frequently Asked Questions

1. How much does it cost to obtain a Trading in Global Markets licence in Dubai South?

Entry-level licence packages at Dubai South Business Hub Free Zone typically start from around AED 12,000 to AED 20,000 per year. This includes the licence fee, registration costs, and a basic workspace. Costs increase based on office size, the number of visas required, and any additional regulatory approvals needed for your specific trading activities.

2. Can a foreign national own 100% of a Trading in Global Markets company in Dubai?

Yes. Free zone companies in the UAE, including those at Dubai South Business Hub, allow 100% foreign ownership with no requirement for a local UAE national sponsor or partner. This applies to both individual and corporate shareholders.

3. Are there additional regulatory approvals required beyond the free zone licence?

Depending on the nature of your trading activities, you may require approval from the UAE Securities and Commodities Authority (SCA) or the Central Bank of the UAE. For example, if you are dealing in securities or acting as a broker for retail clients, SCA authorisation is likely to be required in addition to your free zone business licence.

4. How long does it take to set up a Trading in Global Markets business in Dubai South?

The standard processing time for a business licence at Dubai South Business Hub Free Zone is typically between 3 and 7 working days once all documentation has been submitted correctly. Additional regulatory approvals from bodies such as the SCA may extend the overall timeline.

5. What profit margins can be expected from a global markets trading business in Dubai?

Profit margins vary significantly depending on the asset class, trading strategy, and market conditions. Brokerage and intermediary businesses typically earn commissions or spreads on transactions, while proprietary trading firms may generate returns based on market performance. Dubai's low-tax environment and access to global markets can meaningfully enhance net returns compared to many other jurisdictions.

6. Can a Dubai South free zone company engage in re-export activities alongside global markets trading?

The Trading in Global Markets licence under Activity Code 6612.89 is a financial activity licence and does not automatically cover physical goods trading or re-export. However, additional business activities can often be added to a licence or a separate trading licence can be obtained. It is advisable to consult with the free zone authority to structure your licence correctly if you intend to combine financial trading with physical goods activities.

7. What facility or office requirements apply to this licence?

Dubai South Business Hub Free Zone offers a range of workspace options, from flexi-desks and shared offices to dedicated private offices. The minimum facility requirement is typically a registered address within the free zone, which is satisfied by a flexi-desk arrangement. The number of residence visas available to your company is generally linked to the size of the office space you lease.

8. Is the UAE corporate tax applicable to free zone trading businesses?

The UAE introduced a federal corporate tax of 9% on taxable profits exceeding AED 375,000, effective from June 2023. Free zone businesses may qualify for a 0% rate on qualifying income, provided they meet the conditions set out by the Federal Tax Authority. It is essential to seek qualified tax advice to determine whether your trading activities qualify for this exemption under the current legislation.

Conclusion

Dubai South Business Hub Free Zone offers a compelling and cost-effective platform for launching a Trading in Global Markets business. With 100% foreign ownership, competitive setup costs, a strategic geographic location, and access to a vast network of international trade relationships, Dubai continues to attract financial professionals and trading firms from around the world. Activity Code 6612.89 provides a clear and recognised framework for operating as a financial intermediary or market trader, supported by one of the most progressive regulatory environments in the region.

If you are ready to take the next step and establish your global markets trading business in Dubai, speak with a licensed business setup specialist who can guide you through the application process, ensure compliance with all relevant regulatory requirements, and help you launch with confidence.

References and Citations

• Dubai South Free Zone - Official Website

• UAE Securities and Commodities Authority (SCA)

• Central Bank of the UAE

• UAE Federal Tax Authority - Corporate Tax

• UAE Government Portal - Doing Business in the UAE

• UAE Ministry of Economy