Brokerage License Renewal
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The activity of financial brokerage is one of the activities that require obtaining a license from the Securities and Commodities Authority (SCA) pursuant to the Federal Law No (4) for 2000 regarding SCA. A person may not practice the brokerage business without obtaining the license required for this purpose.
The license renewal certificate will be issued at the beginning of new year, if the application met all requirements.
Service steps & procedures
- SCA shall ensure that all items stipulated in clause (a) are fully met before issuing a license renewal certificate.
Requirements & Documents
- To address a letter to SCA stating the company's desire to renew the license, during the last month of each year.