Monetary & Banking Equipment Trading licence in the UAE
IFZA and the Dubai mainland list it, and it needs approval from Central Bank of the UAE (banking, finance, insurance, payments, exchange houses), SCA (securities and funds), or DFSA (DIFC) / FSRA (ADGM) in the financial free zones.. The approval sets the timeline and cost, so the setup team prices it.
- Listed by
- 2 of 3 routes
- Plus 2 zones we don't file in
- Outside approval
- Central Bank of the UAE (banking, finance, insurance, payments, exchange houses), SCA (securities and funds), or DFSA (DIFC) / FSRA (ADGM) in the financial free zones.
- Licence type
- Commercial
- Package from, no visa
- AED 12,900
- Approval costs not included
Routes that list this activity
- IFZA (Dubai)Dubai address, available with Dubai Setup IndexFrom, no visaAED 12,900Open guide
- Dubai mainland (DET)Onshore trading rights, Ejari premisesFrom, no visaAED 14,000Open guide
A route listing the activity is a starting point. The authority confirms eligibility when you apply.
Cheapest evidenced route and first-year cost
The lowest published like-for-like 12-month package at each visa count, among the 3 free zones whose catalogue lists this activity. Each figure says who published it (the zone, a registered partner or Dubai Setup Index), with its source and the date it was checked.
| Visas | Cheapest evidenced route | First-year package |
|---|---|---|
| No visa | IFZA (International Free Zone Authority) Listed in its catalogue | AED 12,900 Dubai Setup Index package· checked 9 Oct 2026 |
| One visa | IFZA (International Free Zone Authority) Listed in its catalogue · lowest of 2 published | AED 20,650 Dubai Setup Index package· checked 9 Oct 2026 |
| Two visas | IFZA (International Free Zone Authority) Listed in its catalogue | AED 26,400 Dubai Setup Index package· checked 9 Oct 2026 |
| Three visas | No listing zone publishes a comparable package | Not published |
A package price is not a full setup total, and what it includes varies by zone: check the zone page before you budget. This activity needs an outside approval, and approval costs are not in these prices. A catalogue listing is what the authority publishes, not an eligibility decision.
Other published figures, not like-for-like and not ranked (6)
DMCC (Dubai Multi Commodities Centre): Standard annual licence
Not like-for-like: visa capacity, channel pricing or inclusions differ from a standard package. Does not confirm how many residence visas are included. A single fee or licence fee, not a setup package.
AED 20,285
Licence only
DMCC (Dubai Multi Commodities Centre): Basic Biz
Does not confirm how many residence visas are included.
AED 35,484
Package
DMCC (Dubai Multi Commodities Centre): Trading or service licence renewal
Does not confirm how many residence visas are included. A single fee or licence fee, not a setup package.
AED 20,265
Single fee
Meydan Free Zone: Regular advertised licence
Not like-for-like: visa capacity, channel pricing or inclusions differ from a standard package. Does not confirm how many residence visas are included.
AED 12,500
Package
Meydan Free Zone: Fawri advertised licence
Not like-for-like: visa capacity, channel pricing or inclusions differ from a standard package. Does not confirm how many residence visas are included.
AED 15,000
Package
Meydan Free Zone: Regular advertised starting price
Not like-for-like: visa capacity, channel pricing or inclusions differ from a standard package. Does not confirm how many residence visas are included.
AED 12,500
Package
Both open on IFZA (International Free Zone Authority) with one visa; change either on the next page. The setup team replies with a written quotation, and nothing is sent until you approve it.
Where you can licence this
| Authority | Status | Code | Licence type | Approval | Facility |
|---|---|---|---|---|---|
| IFZA (Dubai) | Listed | Code4773952 | Licence typeCommercial | ApprovalNone flagged | FacilityNot restricted in the catalogue |
| Ajman Free Zone | Not listed under this name | Code— | Licence type— | Approval— | Facility— |
| Dubai mainland (DET) | Listed | Code4773952 | Licence typeCommercial | ApprovalNot stated | FacilityNot restricted in the catalogue |
Free zone or mainland
- IFZA lists this activity; Ajman Free Zone does not carry it under the same name, so confirm the Ajman catalogue before switching lanes.
- Dubai mainland under DET licenses onshore operation, but it expects Ejari-registered premises and runs longer than a free-zone desk package. A free-zone company reaches mainland clients through a distributor, DET's free-zone operating permit or branch, or a mainland licence; the activity and where the work is performed decide which.
What the authority says
Includes reselling monetary and banking operations equipment and machines, including A.T.M., currency and stock displayers, currency counters, currency and banknotes detectors, cheque numbers typewriters, money collectors, credit cards identifiers...etc., such firms are allowed to carry out the installation, repair and maintenance services for the equipment they deal in
From the IFZA activity catalogue
Also catalogued elsewhere
The same activity name appears in other authority catalogues we track. This is a name match, not a legal equivalence, and Dubai Setup Index does not file in these zones.
- DMCC5159-81 · Trading
- Meydan Free Zone4773.c4
Related activities
- Office Equipment TradingIFZA (Dubai) · Dubai mainland (DET)
- Inspection & Testing Equipment TradingIFZA (Dubai) · Dubai mainland (DET)
- Lighting Equipment & Requisites TradingIFZA (Dubai) · Ajman Free Zone · Dubai mainland (DET)
- Industrial Plant Equipment & Spare Parts TradingIFZA (Dubai) · Ajman Free Zone · Dubai mainland (DET)
- Agricultural Equipment & Accessories TradingIFZA (Dubai) · Dubai mainland (DET)
- Sea Cleaning Equipment TradingIFZA (Dubai) · Ajman Free Zone · Dubai mainland (DET)
FAQ
Can I add more activities to a Monetary & Banking Equipment Trading licence later?
Usually yes, as a licence amendment, subject to the authority's rules and any extra approval attached to the new line.
Does this activity need third-party approval?
The catalogue rows we hold for this activity carry no prior-approval flag. Re-check the live authority catalogue before filing, since flags change.
Ready to license this activity?
Get a written quote for a Monetary & Banking Equipment Trading licence
- Route
- IFZA
- Visas
- 1
- Package, 12 months
- AED 20,650
Nothing is sent until you review and approve it. The setup team replies with its own written quotation.
A dated reference, not a quotation · Updated .
Ask your AI assistant
It can read this guide and check the licence steps for your case.
Licence Monetary & Banking Equipment Trading with Dubai Setup Index
Compare free-zone and Dubai mainland requirements for costs, premises and where you operate.