What documents does an Egyptian national need to start a insurance brokerage business in the UAE?

You will need a valid Egypt passport (minimum 6 months validity), passport-sized photos, proof of address in Egypt, attested documents via Egyptian Ministry of Foreign Affairs, and a business plan for your insurance brokerage venture.

How long does it take for an Egyptian citizen to set up a insurance brokerage company in Dubai DED?

The complete process — from initial application to trade licence issuance — typically takes 3–6 business days. Adding visa processing and bank account opening, the total timeline is approximately 13–23 business days.

Can I open a corporate bank account with my Dubai DED Insurance Brokerage licence?

Yes, with a valid trade licence from Dubai DED, you can open a corporate bank account at any UAE bank. Mainland companies typically have the widest choice of banking partners. IBA assists with introductions and documentation for smooth bank account opening.

How long does it take to get a Insurance Brokerage licence in Dubai DED?

The typical processing time for a insurance brokerage licence at Dubai DED is 3 business days, subject to document completeness and any regulatory approvals. As a regulated activity requiring Insurance Authority approval, additional time of 1-3 weeks may be required.

Can I get a residence visa with my Insurance Brokerage licence from Dubai DED?

Yes, your insurance brokerage licence from Dubai DED entitles you to apply for residence visas. The number of visas depends on your office space size — larger offices qualify for more visas. Each visa costs approximately AED 4,500.

Do I need to be physically present in the UAE to set up a Insurance Brokerage company in Dubai DED?

Most of the setup process for a insurance brokerage business in Dubai DED can be completed remotely, with documents submitted online or via courier. However, you may need to visit the UAE for Emirates ID biometrics and bank account opening. IBA can coordinate to minimise your required visits.

What are the tax implications for an Insurance Brokerage business in Dubai Mainland?

The UAE introduced a 9% corporate tax on profits exceeding AED 375,000 (effective June 2023). Mainland companies are subject to the standard 9% corporate tax rate on taxable profits exceeding AED 375,000. There is no personal income tax in the UAE. VAT at 5% applies to most goods and services.

Insurance Brokerage in Dubai Mainland for Egyptian nationals

MainlandFinancialRegulated Activity

Insurance Brokerage in Dubai DED

Starting From

AED 12,000

Setup Time

3 Business Days

Visa Quota

0 Visas

Location

Dubai

About Insurance Brokerage

As an Egyptian national looking to establish an Insurance Brokerage business in Dubai Mainland, the UAE offers one of the most welcoming environments for international entrepreneurs. Egypt has strong bilateral trade relations with the UAE, and thousands of Egyptian professionals have already successfully set up businesses across the emirates.

As a mainland entity regulated under Dubai's commercial laws, your Insurance Brokerage business will benefit from trade anywhere in the uae and government contracts eligibility. The Dubai DED licensing framework is designed to accommodate both start-ups and established firms, with annual licence fees starting from approximately AED 12,000.

With over two decades of experience in UAE business formation, IBA International provides end-to-end support for your insurance brokerage setup in Dubai DED. Our dedicated advisors handle the paperwork, government liaisons, and compliance requirements, so you can focus on building your business from day one.

Why Dubai DED for Insurance Brokerage?

There are several compelling reasons why Dubai Mainland continues to attract insurance brokerage entrepreneurs from around the world.

The jurisdiction offers trade anywhere in the uae, which is particularly valuable for insurance brokerage operations. Additionally, government contracts eligibility ensures that your business remains competitive in the regional market. Operating on the mainland allows you to trade directly with the local UAE market without restrictions, and you can bid on government contracts — a significant advantage over free zone entities. Office solutions start from AED 8,000 per year for a co-working, making it accessible for businesses of all sizes. No geographic restrictions further enhances the appeal of Dubai DED for insurance brokerage professionals. Furthermore, wider business scope positions your insurance brokerage business for long-term success in the region. With Dubai continuing to invest in infrastructure and business-friendly regulation, Dubai DED remains an excellent choice for both start-ups and established financial enterprises looking to expand into the Middle East and North Africa region.

For Egyptian nationals specifically, the Dubai government has fostered a business-friendly environment with streamlined processes that cater to the large Egyptian business community.

Trade anywhere in the UAE

Government contracts eligibility

No geographic restrictions

Wider business scope

Direct customer access

Visa Requirements for Egyptian Nationals

For Egyptian entrepreneurs, the visa process works as follows: Egyptian nationals require a pre-arranged UAE visa. Employment or investor visa is processed through the company after incorporation. IBA handles the complete immigration procedure — from entry permit to residence visa stamping — so you can focus on launching your insurance brokerage business in Dubai DED.

Banking for Egyptian Business Owners

Opening a corporate bank account for your insurance brokerage company in Dubai DED: Egyptian entrepreneurs can open corporate accounts with standard documentation. Long-standing UAE-Egypt relations facilitate banking processes. IBA has established relationships with major UAE banks and will personally introduce you to relationship managers who understand Egyptian business structures.

Document Attestation for Egyptian Nationals

Document attestation for Egyptian nationals involves: (1) Notarisation in Egypt, (2) Attestation by Egyptian Ministry of Foreign Affairs, (3) UAE Embassy attestation in Dubai. IBA provides a complete attestation checklist specific to insurance brokerage businesses to ensure nothing is missed.

Requirements & Documents

1Valid Egypt passport (minimum 6 months validity)

2Documents attested by Egyptian Ministry of Foreign Affairs

3UAE Embassy attestation from Abu Dhabi

4Professional qualification certificates or approvals from Insurance Authority

5Passport-sized photographs with white background

6Detailed business plan or activity description

7Office tenancy contract (Ejari) for the registered business address

8Entry stamp or valid UAE visa copy (if applying from within the UAE)

Regulatory Note: Insurance Brokerage is a regulated activity in the UAE. Additional approval from Insurance Authority is required. IBA can guide you through the full regulatory process.

Cost Breakdown

Item	Cost (AED)
License Fee	12,000
Visa Package (per visa)	4,500
Ejari Office	15,000
Co-Working	8,000
Private Office	30,000
Estimated Total (Year 1)	From AED 31,500

* Costs are indicative and subject to change. Contact IBA for a personalised quote.

Setup Timeline

Consultation

Free consultation with IBA to discuss your insurance brokerage business plan and the best Dubai DED licence options for Egyptian nationals.

Document Preparation

Prepare and attest all required documents from Egypt through Egyptian Ministry of Foreign Affairs and the UAE Embassy.

Licence Application

Submit the insurance brokerage licence application to Dubai DED. IBA handles all paperwork and government interactions.

Trade Licence Issued

Receive your official Dubai DED trade licence within 3–6 business days.

Visa Processing

Process your UAE residence visa, Emirates ID, and medical fitness. Egyptian nationals require a pre-arranged UAE visa.

Bank Account

Open a corporate bank account. Egyptian entrepreneurs can open corporate accounts with standard documentation.

Start Operations

Your insurance brokerage business is ready to operate in the UAE. IBA provides ongoing PRO, accounting, and compliance support.

Total estimated time: 3 business days. IBA handles the entire process end-to-end so you can focus on your business.

Frequently Asked Questions

Yes. Since the UAE's 2020 Commercial Companies Law amendment, Egyptian nationals can own 100% of most mainland business activities including insurance brokerage.

Insurance Brokerage in Other Jurisdictions

DIC

From AED 15,000

RAKEZ

From AED 7,500

DIFC

From AED 12,000

SHAMS

From AED 6,150

JAFZA

From AED 16,000

DMCC

From AED 15,300

IFZA

From AED 11,750

DSO

From AED 12,000