Table of Contents
Topic Summary
Choose Meydan Free Zone for Full Ownership
Setting up through Meydan Free Zone grants 100% foreign ownership and full profit repatriation. This makes it one of the most accessible routes for international insurers entering the Dubai market.
Understand What Activity Code 6512.01 Covers
This activity code covers the licensed provision of non-life insurance services, including core operations, client engagement, and regional distribution. Services must be delivered under the relevant regulatory framework with qualified personnel and appropriate systems in place.
Know Who This Business Structure Suits
This setup is designed for licensed insurers, reinsurers, takaful operators, and global insurance groups entering the MENA region. Each of these segments can use a Dubai entity for underwriting, distribution, or Sharia-compliant cover.
Secure Third-Party Approval Before Licensing
This activity requires regulatory clearance from the relevant authority before a trade licence is issued. Your operational model, facility setup, and documentation must all be reviewed and approved as part of that process.
Benefit From a Clear Regulatory Framework
The Central Bank of the UAE oversees insurance supervision, providing operators with a structured and transparent compliance environment. This regulatory depth, combined with the UAE's strategic support for non-life and takaful activities, strengthens long-term market confidence.
Note What This Activity Does Not Include
Related but distinct insurance services fall under separate activity codes and are not covered by 6512.01. If your planned service belongs to a different industry class or regulatory category, you will need to identify and apply under the correct code.
Take Advantage of Zero Corporate Tax Benefits
Qualifying income earned through Meydan Free Zone is subject to zero corporate tax, reducing the overall cost of operating in Dubai. Combined with a fully digital licensing process, this makes market entry both fast and financially efficient.
How to Start a Provision Of Insurance Services Other Than Life Insurance Business in Dubai with Meydan Free Zone
A licensed provision of insurance services other than life insurance business serves the UAE's insurance and risk-transfer market.¹
Regional demand, government investment in the sector, and strong enterprise and consumer need drive sustained demand for licensed provision of insurance services other than life insurance businesses.²
For operators, this activity benefits from Central Bank of the UAE insurance supervision, a clear regulatory framework, and strong regional distribution reach.³
That combination of market size, takaful growth, and regulatory depth is exactly where the opportunity lies.
The UAE has positioned insurance as a strategic pillar of its financial services sector, with explicit support for life, non-life, reinsurance, and takaful activities.
Who is this for?
| Audience Segment | Profile |
|---|---|
| Insurance and reinsurance firms | Licensed insurers and reinsurers writing life, non-life, health, or specialty business in the UAE. |
| Takaful and retakaful operators | Sharia-compliant operators providing takaful and retakaful cover to individuals, businesses, and institutions. |
| International insurance groups entering MENA | Global insurers and reinsurers establishing a Dubai entity for regional underwriting and distribution. |
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 insurance market.
6512.01 - Provision Of Insurance Services Other Than Life Insurance
Under this activity, you are in the business of operating a licensed provision of insurance services other than life insurance business.
Services are delivered under the relevant regulatory oversight with appropriate facilities, systems, and qualified personnel.¹
| Category | Scope |
|---|---|
| Core Operations | Primary delivery. Provision Of Insurance Services Other Than Life Insurance 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. Related but distinct services fall under separate activity codes.
Activities that are separately regulated or that belong to a different industry class are classified under their own codes.
In short: if you are operating a licensed provision of insurance services other than life insurance 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.
