{"id":6571,"date":"2022-04-08T08:09:38","date_gmt":"2022-04-08T08:09:38","guid":{"rendered":"https:\/\/www.anuvibs.com\/?p=6571"},"modified":"2026-02-05T10:10:26","modified_gmt":"2026-02-05T10:10:26","slug":"benefits-of-setting-up-company-in-dubai","status":"publish","type":"post","link":"https:\/\/www.anuvibs.com\/blog\/benefits-of-setting-up-company-in-dubai\/","title":{"rendered":"How to Start Forex Trading in Dubai"},"content":{"rendered":"

Objective<\/strong><\/p>\n

The UAE was the first country that established supporting infrastructure for the financial sector in the region. It provides both local and international investors a comprehensive regulation system and flexible operation choices with various types of legal entities. The main sources of revenue are tourism, real estate, aviation, and most significantly financial services.<\/p>\n

With a world-class infrastructure, business-friendly environment, mature legal and regulatory system, the UAE has attracted a number of foreign investors to come here and establish their forex companies or branches.<\/p>\n

There are 3 regulated routes available to you: <\/em><\/strong><\/p>\n

Mainland Company<\/strong><\/a><\/p>\n

Any mainland company that intends to provide forex trading services are regulated by the Central Bank of the UAE and licensed by the Securities and Commodities Authority (SCA)<\/strong><\/a>.<\/strong> However, it is undeniable that a Mainland Company provides you with the maximum freedom to access local markets and customers.<\/p>\n

Free Zone options<\/strong><\/p>\n

The UAE government also offers several options for potential investors to set up a financial business in the region but retain 100% ownership of their businesses. The only limitation for Free Zone companies is that they are not allowed to directly trade with the local market. As below.<\/p>\n

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  1. Abu Dhabi Global Market (ADGM)<\/strong><\/a><\/li>\n<\/ol>\n

    It is established by the UAE Federal Decree with three independent authorities \u2013 the Registration Authority (RA), the Financial Services Regulatory Authority (FSRA), and ADGM Courts<\/p>\n

    The Financial Services Regulatory Authority (FSRA) is the regulatory body for financial entities operating within the ADGM financial free zone.<\/p>\n

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    1. Dubai International Financial Center (DIFC)<\/strong><\/a><\/li>\n<\/ol>\n

      DIFC is a special designated area in Dubai that operates under an independent regulatory and legal system as a financial free zone.<\/p>\n

      Besides having the benefits of gaining access to the Middle East market and 0% taxation advantages, both Mainland and Free Zone Companies may assist the shareholders and employees to apply for the UAE residency permits.<\/p>\n

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      1. Dubai Multi Commodities Center (DMCC)<\/strong><\/a><\/li>\n<\/ol>\n

        To setup a forex trading business in Dubai, you need a verified license from DMCC<\/strong>. It is the global commodities trading center in the MENA region.<\/p>\n

        Regarding forex trading, there are 2 types of activities allowed in the DMCC.<\/p>\n