Insurance Brokerage in Sharjah DED
Starting From
AED 7,500
Setup Time
3 Business Days
Visa Quota
0 Visas
Location
Sharjah
About Insurance Brokerage
Entrepreneurs seeking to start an Insurance Brokerage business in the UAE will find Sharjah Mainland to be one of the most attractive jurisdictions, thanks to its strategic location and comprehensive support services.
Operating from Sharjah Mainland gives your Insurance Brokerage business access to Sharjah's world-class infrastructure, including modern office facilities such as ejari office, co-working, private office and excellent connectivity. As a regulated activity, you will need approval from Insurance Authority before commencing operations, but IBA's team handles this process seamlessly on your behalf.
IBA International has been helping entrepreneurs set up insurance brokerage businesses in Sharjah Mainland since 2004. Our team of incorporation specialists will guide you through every step, from initial consultation to licence issuance and bank account opening, ensuring a smooth and efficient setup experience.
Why Sharjah DED for Insurance Brokerage?
Choosing Sharjah DED for your insurance brokerage business comes with a host of strategic advantages that directly impact your bottom line and growth potential.
The jurisdiction offers cost-effective setup, which is particularly valuable for insurance brokerage operations. Additionally, adjacent to dubai 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 4,000 per year for a co-working, making it accessible for businesses of all sizes. Trade across the UAE further enhances the appeal of Sharjah DED for insurance brokerage professionals. Furthermore, industrial areas available positions your insurance brokerage business for long-term success in the region. With Sharjah continuing to invest in infrastructure and business-friendly regulation, Sharjah DED remains an excellent choice for both start-ups and established financial enterprises looking to expand into the Middle East and North Africa region.
Requirements & Documents
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 | 7,500 |
| Visa Package (per visa) | 3,500 |
| Ejari Office | 8,000 |
| Co-Working | 4,000 |
| Private Office | 15,000 |
| Estimated Total (Year 1) | From AED 19,000 |
* Costs are indicative and subject to change. Contact IBA for a personalised quote.
Setup Timeline
Initial Consultation
Begin with a free consultation with IBA's business setup advisors to discuss your insurance brokerage business objectives, optimal licence structure, and Sharjah DED as your chosen jurisdiction. We assess your specific requirements and provide a transparent cost breakdown.
Choose Your Company Name
Select your company name and submit it for approval. The DED naming guidelines require the name to reflect the legal structure and activity. Reserved and restricted words require additional approvals. IBA handles the name reservation process.
Prepare & Submit Documents
Compile all required documentation including passport copies, photographs, and the completed application form. For insurance brokerage, additional documents including professional qualifications and Insurance Authority approvals are required. IBA prepares and submits all paperwork on your behalf.
Obtain Trade Licence
Following DED approval, your Sharjah mainland trade licence is issued within 3 business days. The licence authorises you to conduct insurance brokerage activities and is valid for one year. The licence fee is approximately AED 7,500.
Apply for Residence Visa
Once your licence is active, apply for your UAE residence visa and Emirates ID. The number of visas depends on your office space. Each visa costs approximately AED 3,500. IBA manages the entire visa process including medical testing and Emirates ID.
Open Corporate Bank Account
With your trade licence in hand, open a corporate bank account at a UAE bank. IBA provides introductions to relationship managers at leading banks including Emirates NBD, ADCB, RAKBank, and Mashreq. We prepare a comprehensive banking file to ensure smooth account approval.
Start Operations
With your licence issued, visa processed, and bank account active, your insurance brokerage business in Sharjah Mainland is ready to operate. IBA continues to support you with PRO services, VAT registration, accounting, and annual licence renewals.
Total estimated time: 3 business days. IBA handles the entire process end-to-end so you can focus on your business.
Frequently Asked Questions
The total setup cost for an Insurance Brokerage business in Sharjah DED starts from approximately AED 7,500 for the trade licence. Additional costs include visa processing (AED 3,500 per visa), office space, and establishment card fees. IBA provides a detailed cost breakdown during your free consultation.
Insurance Brokerage in Other Jurisdictions
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Official Source
www.sharjah.gov.ae ↗Popular in Sharjah DED
By IBA Business Setup Team
Last updated: 26 February 2026
International Business Advisors DMCC has been helping entrepreneurs set up businesses in the UAE since 2004, with 20+ years of hands-on expertise.
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