Forex License UAE Setup
Innovation City Free Zone in Ras Al Khaimah is SCORP’s route for forex and proprietary trading firms — chosen for materially faster license issuance and a lower cost base than the legacy financial zones, and, for crypto-adjacent prop trading, a position outside VARA jurisdiction. 100% foreign ownership, 0% personal income tax, setup handled end to end.
1000+
trusted customers
100%
⭐⭐⭐⭐⭐ ratings
2000+
Licenses created
Who this jurisdiction is for — and who it isn't
Most UAE trading-setup advice defaults to the famous financial zones. For a proprietary desk trading its own capital, that usually means paying for regulatory infrastructure built for client-money businesses you don’t run. Innovation City exists for the other case.
A strong fit if you are…
- A proprietary trading desk trading your own capital
- A forex trader formalizing into a company structure
- A crypto-adjacent prop operation that benefits from sitting outside VARA jurisdiction
- Prioritizing speed of issuance and lean running costs
Not the right fit if you are…
- Managing third-party client funds (different regulatory category — we'll advise the correct route)
- Seeking a retail brokerage license
- Required by counterparties to hold a specific financial-center license
Not sure which structure fits your business? During your free strategy call—before you spend a single dollar on fees—SCORP evaluates your specific business activities to ensure you get the exact entity setup you need.
The setup process
Strategy call & activity mapping
We map your exact trading model to the correct license activity codes and confirm Innovation City is the right fit.
Documentation & application
Passport copies, photos, application forms and proposed names — SCORP prepares and files the complete package.
License issuance
Innovation City's issuance runs materially faster than the legacy financial zones; we confirm the current timeline for your activity up front.
Banking & visas
Corporate account advisory matched to a trading profile, plus residence visas, medicals and Emirates ID for you and your team.
Ongoing operations
Renewals, bookkeeping, Corporate Tax filing and VAT compliance — SCORP stays on as your operational partner.
Documents you'll need
- Passport copies of all shareholders and directors
- Passport-size photographs
- Completed application form and proposed company names
- Brief description of your trading activity
- Where applicable: proof of address and bank reference letter
Frequently asked questions
Is Innovation City suitable for forex trading companies?
Yes — it licenses proprietary and forex trading activities, and it’s SCORP’s default route for trading clients on speed, cost, and the VARA-jurisdiction position. Fit is confirmed against your specific model before setup.
How long does the license take?
Materially faster than the legacy financial free zones. Exact current timelines vary by activity and documentation — we confirm yours at the strategy call rather than quote a number that may be stale.
Can the company sponsor residence visas?
Yes — visa eligibility depends on your package and facility selection; we structure the allocation around your team plan.
Talk to a senior advisor
Free 30-minute strategy call — structure, full costs, and banking plan before any fees.
Sarsan Corporate Services LLC · Office 316, Burlington Tower, Business Bay, Dubai, UAE · +971 52 907 4007 · info@scorp.ae
Scorp.ae is a private business consultancy and is not affiliated with any UAE government authority.