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

Manula Ranasinghe

Manula Ranasinghe

Manula Ranasinghe

4 min read
4 min read

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Topic Summary

1. Dubai Is a Leading Global Financial Centre

Dubai offers access to regional and international capital markets, a sophisticated investor base, and a robust regulatory framework, making it a serious candidate for financial brokerage businesses.

2. Regulated Market Execution Requires SCA Approval

Activities requiring a full securities brokerage license, such as trading on regulated exchanges, require separate regulatory approval from the Securities and Commodities Authority in addition to the free zone license.

3. Free Zone License Covers Advisory and Intermediary Brokerage

A standard free zone trade license covers advisory and intermediary brokerage services, distinct from regulated market execution which triggers separate SCA licensing.

4. Scope Spans Commodities, Securities, and Business Brokerage

The license covers brokerage in commodities on local markets, brokerage in local and foreign securities, mortgage advisers and brokers, and business brokerage activities.

5. UAE Investor Base Is Growing and Internationally Oriented

The Dubai Financial Market saw substantial year-on-year gains and welcomed tens of thousands of new investors, most of whom are foreign, sustaining demand for intermediary brokerage services.

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. 

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License Cost for a Financial Brokerage Business in Dubai

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