We guide financial firms and professionals through the SCA licensing process—helping you meet compliance, secure approvals, and confidently offer brokerage, advisory, or asset management services across the UAE mainland and free zones outside DIFC and ADGM.
The Securities and Commodities Authority (SCA) approval is a cornerstone for operating within the UAE’s securities and commodities markets, outside of DIFC and ADGM free zones. This approval is not optional—it is a legal requirement for businesses and individuals engaging in capital market activities such as brokerage, asset management, investment banking, advisory, and financial consulting.
SCA approval ensures that only qualified, credible, and compliant entities can operate in the market, thereby safeguarding investors and maintaining market integrity. By enforcing strict licensing conditions, the SCA promotes transparency, fair trading practices, and investor confidence. It requires businesses to have adequate financial capital, a robust compliance framework including Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) policies, and professionally qualified personnel who pass rigorous “fit and proper” assessments.
Without SCA approval, companies are prohibited from conducting securities-related operations in the UAE, and attempting to do so may result in severe legal consequences, fines, or license cancellations. More importantly, obtaining SCA approval enhances a firm’s reputation, attracting investors and partners by showing commitment to international standards of governance and compliance. In essence, SCA approval matters because it legitimizes operations, protects market participants, and supports the sustainable growth of the UAE’s financial sector.
If you’re working in the UAE mainland or a non-DIFC/ADGM free zone and engage in following activities:
The renewal period varies with the visa type that the person holds, either sponsored or not:
Here’s the rundown of what it takes to get your SCA license:
Register your business as a local entity in the UAE mainland or a free zone that allows these activities.
Have enough starting capital— AED 500,000 or more, depending on your business type.
Your shareholders, directors, and key team members need to pass “fit and proper” assessments, covering background checks, police clearance, and credit record checks.
Set up robust Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) policies, including risk management, complaint handling, and internal audit procedures.
Make sure your key member are professional qualified to effectively do their jobs.
When it comes to incorporating a company in Dubai and obtaining a business trade license in Dubai, partnering with the right experts is essential. At BYB Business Setup, we bring years of experience and in-depth knowledge for easy company formation in Dubai.
The SCA licensing process:
SCA (Securities and Commodities Authority) approval is a mandatory license that allows businesses and professionals to legally operate in the UAE’s securities and commodities market outside of DIFC and ADGM free zones.
Any business or professional engaged in brokerage, asset management, investment banking, financial advisory, or securities trading activities in the UAE mainland or non-DIFC/ADGM free zones.
No. Conducting securities or commodities activities without an SCA license is illegal and may result in fines, license cancellation, or legal penalties.
Applicants must have a UAE-registered entity, sufficient paid-up capital (starting from AED 500,000), qualified personnel, and robust compliance policies such as AML and CFT frameworks.
Typical requirements include a detailed business plan, financial forecasts, shareholder information, internal compliance manuals, and proof of capital and professional qualifications.
The review process can take several weeks to months, depending on the completeness of the application and the complexity of the business model.
It is a background and credibility check on shareholders, directors, and key staff, including police clearance, credit history, and professional competence assessments.
No. DIFC and ADGM are governed by their own regulators (DFSA and FSRA). SCA approval is only required for the UAE mainland and other free zones outside these jurisdictions.
Yes. The minimum capital requirement varies depending on the type of financial activity but generally starts from AED 500,000 and increases for larger-scale operations.
Legal and financial consultants streamline the process by preparing documentation, ensuring compliance with regulations, and liaising with the SCA to reduce delays and increase approval success.
BYB (Build Your Business) is a specialized firm focused on building the foundation for businesses to operate globally. We provide clear guidance and practical support to individuals and companies on how to properly establish their business, follow all rules, and design its structure to begin work in different countries. Our deep knowledge includes how to stay compliant in various nations, selecting the best legal setup, and making smart choices about local business environments. We help get registrations, explain tax requirements, and put in place the basic systems for running an office. BYB is an essential partner for those starting international businesses, making sure they have a solid and rule-abiding base from the very beginning.
1209, The Regal Towers, Business Bay, Dubai, UAE
Monday to Friday
9:00 AM To 6:00 PM – (GST)
