What Is the License Cost for a Financial Brokerage Business in Dubai

Manula Ranasinghe

Manula Ranasinghe

Manula Ranasinghe

4 min read
4 min read

Last Updated on

Last Updated on

Topic Summary

  1. Base License Cost Starts at AED 12,500

    Dubai South Business Hub Free Zone offers base licensing from AED 12,500, which covers company registration, a flexi-desk, and up to five business activities. Additional activity codes beyond the first five can be added at AED 2,000 each.

  2. Multiple Activity Codes Cover Diverse Brokerage Services

    Financial brokerage businesses can register under several activity codes, including commodities brokerage, securities brokerage, mortgage advising, and business brokerage for SMEs. Selecting the right combination of codes ensures your license accurately reflects your full service scope.

  3. Advisory Brokerage Differs From Regulated Market Execution

    A standard free zone trade license covers advisory and intermediary brokerage activities but does not permit trading on regulated exchanges. Businesses seeking full securities brokerage must obtain separate approval from the Securities and Commodities Authority (SCA).

  4. Dubai's Market Growth Drives Brokerage Demand

    The DFM General Index rose 17.2% last year, with total market capitalisation reaching AED 992 billion and nearly 100,000 new investors joining the market. This expanding, internationally oriented investor base creates strong demand for intermediary and advisory brokerage services.

  5. The Setup Process Is Fully Digital and Streamlined

    Applicants can complete the entire registration process online, from selecting activity codes and workspace arrangements to receiving license documentation. Using the name check tool before applying helps avoid delays caused by non-compliant or unavailable company names.

  6. Zero Personal Income Tax Strengthens Dubai's Appeal

    Dubai's combination of regulatory clarity, deep capital markets, and zero personal income tax makes it a highly competitive location for financial brokerage businesses. The UAE's internationally oriented investor base further enhances the commercial opportunity for new entrants.

Dubai is one of the leading financial centres globally, offering access to regional and international capital markets, a sophisticated investor base, and a robust regulatory framework.  

The DFM General Index rose by 17.2% across last year, total market capitalisation reached AED 992 billion, and 97,394 new investors joined the market, of which 84% were foreign. For financial brokerage businesses, that trajectory matters. A growing, internationally oriented investor base means more demand for intermediary services, advisory brokerage, and the kind of specialist support that sits between a client and a market. If you are building a brokerage business and evaluating where to base it, Dubai's combination of market depth, regulatory clarity, and zero personal income tax makes it a serious candidate. 

Whether you are establishing a commodities brokerage, securities advisory, or business brokerage operation, the UAE provides highly competitive environment for financial brokerage businesses. This guide covers the license cost, activity codes, and setup process for a financial brokerage company at Dubai South Business Hub Free Zone. 

The Scope of a Financial Brokerage License in Dubai 

A financial brokerage license allows your business to act as an intermediary in the buying and selling of financial instruments, securities, commodities, or businesses. For related advisory business examples, see the consultancy license page.  

It is important to note that activities requiring a full securities brokerage license, such as trading on regulated exchanges, require separate regulatory approval from the Securities and Commodities Authority (SCA). A standard free zone trade license covers advisory and intermediary brokerage, not regulated market execution. 

Key Activity Codes for a Financial Brokerage Business 

The following activity codes are applicable to financial brokerage businesses: 

  • 6612.92 , Brokerage in Commodities Listed in Local Markets 

  • 6612.98 , Brokerage in Securities Listed in Foreign Markets 

  • 6612.99 , Brokerage in Local Securities 

  • 6619.03 , Mortgage Advisers and Brokers 

  • 7490.02 , Business Brokerage Activities, Arranging for the Purchase and Sale of Small and Medium-Sized Businesses 

  • 7490.03 , Patent Brokerage Activities 

For the full list of financial service activity codes at Dubai South Business Hub Free Zone, visit the business activities page. 

What Does It Cost to Set Up a Financial Brokerage Company in Dubai? 

Base licensing at Dubai South Business Hub Free Zone starts at AED 12,500, covering your company registration, flexi-desk, and up to five business activities. Financial brokerage businesses with a broader service scope, covering commodities, securities, and business brokerage under one entity for example, can add further activity codes at AED 2,000 each beyond the first five.  

Use the cost calculator to build a personalised, itemised estimate of setting up a financial brokerage company in Dubai South Business Hub Free Zone. 

Setting Up Your Financial Brokerage Business at Dubai South Business Hub Free Zone Explained 

The setup process is fully digital. Complete the online application and select your financial brokerage activity codes, choose your workspace arrangement and visa requirements, receive your cost estimate and complete payment, then receive your license documentation. 

In financial services, your company name carries weight. Before you submit your application, use the name check tool at Dubai South Business Hub Free Zone to confirm your preferred name is available and compliant with UAE naming regulations. It takes minutes and removes a variable that could otherwise delay your registration. 

Regulatory Requirements for Financial Brokerage in Dubai 

It is critical to distinguish between advisory brokerage, which can operate under a standard free zone trade license, and regulated brokerage activities requiring SCA (Securities and Commodities Authority) or DFSA (Dubai Financial Services Authority)  approval.  

For context on how UAE corporate tax applies to financial businesses, read our guide on UAE corporate tax. Once your license is issued, our guide on UAE bank accounts will help you set up your corporate banking. 

Why Dubai for Financial Brokerage? 

The numbers from 2025 make a coherent case. Foreign investors accounted for 51% of total trading value on the DFM, and the total investor base reached 1.25 million investors. Beyond equities, Dubai hosts the Dubai Gold and Commodities Exchange, Nasdaq Dubai, and aecosystem that connects the Emirate to major financial centres across Asia, Europe, and the Americas.  

Dubai's financial market infrastructure, regulatory maturity, and geographic position between East and West make it one of the most compelling locations globally for brokerage businesses. Brokerage businesses targeting international mobile capital, few locations offer this combination of market infrastructure, regulatory maturity, and commercial accessibility. 

 With zero personal income tax, 100% foreign ownership in free zones, and direct access to regional capital markets, Dubai South Business Hub Free Zone offers a cost-effective and strategically positioned base for financial brokerage firms. 

Frequently Asked Questions

Let's get you started

Financial Brokerage business setup at Dubai South Business Hub Free Zone

Let's get you started