A licensed claims settlement services business serves the UAE's financial-auxiliary and capital-markets services market.¹
Regional demand, government investment in the sector, and strong enterprise and consumer need drive sustained demand for licensed claims settlement services businesses.²
For operators, this activity benefits from SCA and Central Bank of the UAE oversight, a clear regulatory framework, and strong regional distribution reach.³
That combination of capital-markets infrastructure, cross-border flows, and a growing fund sector is exactly where the opportunity lies.
The UAE has positioned capital markets and financial services as strategic pillars under the Dubai Economic Agenda D33 and We the UAE 2031, with explicit support for auxiliary activities.
Who is this for?
| Audience Segment | Profile |
|---|---|
| Financial-auxiliary service providers | Businesses providing brokerage, advisory, custody, administration, or related services to financial-market participants. |
| Capital-markets and fund operators | Teams running or supporting securities, commodities, derivatives, fund, or wealth-management activities. |
| International financial firms entering MENA | Global financial groups establishing a Dubai entity for regional brokerage, advisory, and auxiliary services. |
Setting up through Meydan Free Zone means 100% foreign ownership, zero corporate tax on qualifying income, full profit repatriation, and a fully digital licensing process, giving you a fast and cost-effective route into the Dubai financial services market.
6621.97 - Claims Settlement Services
Under this activity, you are in the business of operating a licensed claims settlement services business.
Services are delivered under the relevant regulatory oversight with appropriate facilities, systems, and qualified personnel.¹
| Category | Scope |
|---|---|
| Core Operations | Primary delivery. Claims Settlement Services core services provided to clients under the activity code. |
| Regulated Delivery | Compliance-led. Services delivered under the relevant regulatory framework, standards, and reporting obligations. |
| Client Engagement | Commercial scope. Onboarding, contracting, and ongoing service delivery to retail, corporate, or institutional clients as applicable. |
| Support and Operations | Operational back-office. Systems, staffing, documentation, and operational support needed to run the licensed activity. |
| Regional Reach | Market coverage. Delivery to clients across Dubai, the wider UAE, and regional markets within the scope of this activity. |
There are some things this activity does not cover. Activities such as appraisal of real estate; appraisal for other purposes fall under separate codes.
Other related but distinct services are classified under their own activity codes and not under this one.
In short: if you are operating a licensed claims settlement services business, you are in. If you are delivering a related but distinct service that falls under another activity, you are not.
Third-Party Approval
This business activity requires third-party approval before the trade licence is issued. In practice, your operational model, facility, and regulatory documentation must be reviewed and cleared by the relevant authority before licensing.
Anti-Money Laundering Compliance
This business activity is exempt from AML compliance requirements.
References
- ¹ Securities and Commodities Authority - https://www.sca.gov.ae/en/home.aspx
- ² DIFC - Dubai International Financial Centre - https://www.difc.ae/
- ³ Central Bank of the UAE - https://www.centralbank.ae/en/
