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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?
| Audience Segment | Profile |
|---|---|
| Financial services firms | Businesses providing licensed financial services to retail, corporate, or institutional clients under the applicable UAE regulatory framework. |
| Investment, holding, and trust structures | Groups using UAE-licensed vehicles for investment, holding, and fund structuring. |
| International financial groups entering MENA | Global banks, asset managers, and fintech firms establishing a Dubai entity for MENA operations. |
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
| Category | Scope |
|---|---|
| Core Operations | Primary delivery. Other Financial Service Activities, Except Insurance And Pension Funding Activities 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 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.
