Renewal of Financial activity license Back Service Channels Total Service Requests 567 For inquiries call us at 800 SCAUAE (722823) Service Code 370.05.046.058 Classification G2B Sub Service Type Auxiliary Service Type Procedural Priority Service No Working Hours Monday - Thursday7:30 AM - 3:30 PMFriday7:30 AM - 12:00 PM Export to PDF Change Page View Service Description This service enables financial services companies to renew the Authority's license to engage in an activity or a range of activities licensed by the SCA. Sector Market Operation's Sector Department/ Section Licensing Department Service Audience Financial Services Company Service Duration Instant Service Fees Activity Name Renwal Fees (AED) Trading member 2500 Trading and clearing member 2500 A trading broker in global markets.10000 Broker trading unregulated derivatives contracts and currencies in the spot market.100000 dealer 25000 Financial Advisory 2500 Financial Advisor (Issue Manager). 2500 Listing consultant. 2500 Promotion 5000Introducing5000General clearing50000Portfolio Management50000Managing investment funds.50000Administrative services for investment funds2500custody500000Registrar of private equity firms.5000The source of the covered permissions---Deposit bank25000Deposit bank agent.25000Credit rating.10000Commodity broker7500Crowd Funding 20000 Service steps & procedures Log in via the link sent to the e-mail registered with the Authority or through the following link (SCA CORE System). Review the company data. Pay the renewal fee. You will receive a receipt of the electronic license renewal certificate. Requirements & Documents TERMS AND CONDITIONS: The Authority must license the company. REQUIRED DOCUMENTS: NOTHING Frequently Asked Question 1 When is the renewal date? The license period is one year from the date of its issuance and is renewed annually at least one month before the expiry of its term. 2 What is the renewal mechanism? You will receive an email with a reminder via email registered with the Company with the Authority, including a link to log into the electronic renewal service.