How to Setup a Financial Broker Company in Dubai
Understand the Regulatory Environment
Regulatory Authorities: Financial brokerage companies in Dubai are regulated by: Dubai Financial Services Authority (DFSA): For businesses operating within the (DIFC).
Choose the Right Jurisdiction
Dubai International Financial Centre (DIFC): Offers a high level of regulatory oversight and access to international financial markets. Mainland Dubai: Offers broader market access within the UAE but requires compliance.
Obtain the Necessary Licenses
DFSA License (DIFC): Apply for a financial services license from the DFSA if setting up in the DIFC. This process involves submitting a detailed business plan, financial projections, and information about the management team.
Set Up Your Office
Physical Office: Secure a physical office space in the DIFC, mainland Dubai, or an appropriate free zone. This is typically a requirement for obtaining a license. Office Setup.
Develop Your Trading Infrastructure
Trading Platform: Acquire or develop a reliable trading platform that supports the services you plan to offer, such as stocks, forex, commodities, or derivatives.
Implement Compliance Systems
KYC and AML: Develop and implement Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to meet regulatory requirements and prevent financial crimes.
Cost of Company Formation
The price for setting up a company starts from just AED 5,750.
The price would differ based on the business activities, number of shareholders, office space requirements, and other factors.
Receive a cost estimate for your business now!
Explore Monthly
Payment Plans
with Selected Banks
Convert your transactions into easy and affordable monthly instalments with our selected range of banking partners. Spend a minimum of AED 1,000 on your credit card issued from any of our participating banks and repay in easy instalments over a period of 12 months.
Steps
- Make a minimum purchase of AED 1,000 using your credit card for any services provided by Bellbottom Corporate Services
- Call the banking services of any of our partner banks and request to convert your purchase into an Easy Payment Plan.
- Get the option of paying over 3, 6, 9 or 12 months
*General terms and conditions from the banks will be applicable.