Trade License

Trade License

How to Start a Financial Services Business in Dubai

How to Start a Financial Services Business in Dubai

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How to Start a Financial Services Business in Dubai

How to Start a Financial Services Business in Dubai

Dubai has established itself as the financial capital of the Middle East and one of the top ten global financial centres by most rankings. The combination of a deep institutional banking ecosystem, a growing fintech sector, and a regulatory environment that clearly distinguishes regulated from non-regulated financial activities makes it a practical and commercially attractive base for financial services businesses. Dubai South Business Hub Free Zone offers 70 financial services activities with 100% foreign ownership and no personal income tax.

Dubai has established itself as the financial capital of the Middle East and one of the top ten global financial centres by most rankings. The combination of a deep institutional banking ecosystem, a growing fintech sector, and a regulatory environment that clearly distinguishes regulated from non-regulated financial activities makes it a practical and commercially attractive base for financial services businesses. Dubai South Business Hub Free Zone offers 70 financial services activities with 100% foreign ownership and no personal income tax.

Dubai has established itself as the financial capital of the Middle East and one of the top ten global financial centres by most rankings. The combination of a deep institutional banking ecosystem, a growing fintech sector, and a regulatory environment that clearly distinguishes regulated from non-regulated financial activities makes it a practical and commercially attractive base for financial services businesses. Dubai South Business Hub Free Zone offers 70 financial services activities with 100% foreign ownership and no personal income tax.

What Does a Financial Services License Cover?

What Does a Financial Services License Cover?

What Does a Financial Services License Cover?

The financial services license at Dubai South Business Hub Free Zone covers holding companies, digital wallet and e-payments, financial advisory, investment management, insurance brokerage, financial leasing, e-finance platforms, virtual assets advisory, transaction processing, and Islamic financial services. The category spans both regulated and non-regulated financial activities. Non-regulated activities including advisory, holding, and technology-facing fintech can be licensed and operational within one business day.

The financial services license at Dubai South Business Hub Free Zone covers holding companies, digital wallet and e-payments, financial advisory, investment management, insurance brokerage, financial leasing, e-finance platforms, virtual assets advisory, transaction processing, and Islamic financial services. The category spans both regulated and non-regulated financial activities. Non-regulated activities including advisory, holding, and technology-facing fintech can be licensed and operational within one business day.

Documents Required

Passport copy for all shareholders

Documents Required

Passport copy for all shareholders

Eligibility

Any nationality, 100% foreign ownership

No prior UAE

residency required

No minimum capital deposit

Eligibility

Any nationality, 100% foreign ownership

No prior UAE

residency required

No minimum capital deposit

Office Requirements

Flexi-desk included in base package

Business address provided at Dubai South Business Hub Free Zone

No physical office required to register

Office Requirements

Flexi-desk included in base package

Business address provided at Dubai South Business Hub Free Zone

No physical office required to register

Third-Party Approvals

Third-Party Approvals

Non-regulated financial advisory and holding activities carry no pre-approval requirement. Regulated activities involving client funds, payment processing, and banking require CBUAE approval. Virtual asset services require VARA licensing. Insurance activities require UAE Insurance Authority approval. Confirm your specific activity classification before applying.

Non-regulated financial advisory and holding activities carry no pre-approval requirement. Regulated activities involving client funds, payment processing, and banking require CBUAE approval. Virtual asset services require VARA licensing. Insurance activities require UAE Insurance Authority approval. Confirm your specific activity classification before applying.

Popular Activities

Popular Activities

  • 01

    Holding Companies

    6420

  • 02

    Digital Wallet for Electronic Payments

    6419.97

  • 03

    Financial Advisory and Financial Analysis

    6619.13

  • 04

    E-Finance

    6492.98

  • 05

    Financial Leasing

    6491

  • 06

    Virtual Assets Advisory Services

    6619.82

  • 01

    Holding Companies

    6420

  • 02

    Digital Wallet for Electronic Payments

    6419.97

  • 03

    Financial Advisory and Financial Analysis

    6619.13

  • 04

    E-Finance

    6492.98

  • 05

    Financial Leasing

    6491

  • 06

    Virtual Assets Advisory Services

    6619.82

Do all financial businesses in Dubai need Central Bank approval?

Do all financial businesses in Dubai need Central Bank approval?

Can I set up a holding company in a Dubai free zone?

Can I set up a holding company in a Dubai free zone?

Can a Dubai free zone company hold investments and collect dividends?

Can a Dubai free zone company hold investments and collect dividends?

What is the difference between fintech and a regulated payment service in Dubai?

What is the difference between fintech and a regulated payment service in Dubai?

Is there personal income tax on financial business income in the UAE?

Is there personal income tax on financial business income in the UAE?

Can a Dubai financial company repatriate profits internationally?

Can a Dubai financial company repatriate profits internationally?

What is the UAE corporate tax rate for financial free zone companies?

What is the UAE corporate tax rate for financial free zone companies?

Can a financial advisory company at Dubai South serve GCC clients?

Can a financial advisory company at Dubai South serve GCC clients?

How much does a financial services license cost in Dubai?

How much does a financial services license cost in Dubai?

What is a virtual assets advisory license in Dubai?

What is a virtual assets advisory license in Dubai?