How to Start a Other Financial Service Activities, Except Insurance And Pension Funding Activities Business in Dubai with Meydan Free Zone

A licensed other financial service activities, except insurance and pension funding activities business serves the UAE's financial services market.¹

Regional demand, government investment in the sector, and strong enterprise and consumer need drive sustained demand for licensed other financial service activities, except insurance and pension funding activities businesses.²

For operators, this activity benefits from Central Bank of the UAE and SCA regulatory oversight, a clear regulatory framework, and strong regional distribution reach.³

That combination of financial-centre status, mature regulation, and strong regional capital flows is exactly where the opportunity lies.

The UAE has positioned financial services as a strategic pillar under the Dubai Economic Agenda D33 and We the UAE 2031, with explicit support for licensed financial activities.

Who is this for?

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.

6490.00 - Other Financial Service Activities, Except Insurance And Pension Funding Activities

Under this activity, you are in the business of operating a licensed other financial service activities, except insurance and pension funding activities business.

Services are delivered under the relevant regulatory oversight with appropriate facilities, systems, and qualified personnel.¹

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 other financial service activities, except insurance and pension funding activities business, you are in. If you are delivering a related but distinct service that falls under another activity, you are not.

Third-Party Approval

No third-party approval is required for this business activity. Your Meydan Free Zone trade licence is sufficient to begin operations under this activity code.

Anti-Money Laundering Compliance

This business activity is exempt from AML compliance requirements.

References

¹ Central Bank of the UAE - https://www.centralbank.ae/en/

² DIFC - Dubai International Financial Centre - https://www.difc.ae/

³ Securities and Commodities Authority - https://www.sca.gov.ae/en/home.aspx