Luxury Asset Brokerage License UAE
Brokerage, charter operations and asset management must be assessed separately when establishing a yacht or aircraft business.
Frequently asked questions
Does a yacht brokerage licence also cover charter operations?
Do not assume so. Arranging a sale, brokering a charter and operating a vessel are distinct activities. Confirm the approved economic activities and any maritime operating requirements for the proposed location and services before accepting bookings or client funds.
Does aircraft brokerage authorise operating private jet flights?
No. Arranging an aircraft transaction is different from commercial aircraft operation. Any proposed flights or charter operation require an aviation assessment and the relevant operating permissions; incorporation or a brokerage activity alone does not establish these permissions.
What should a luxury asset broker include in a setup plan?
Include the asset class, sales or charter scope, personnel experience, insurance, client due diligence, transaction documentation and any client-money or escrow arrangements. Requirements depend on the activity and jurisdiction. Banking remains subject to each bank’s assessment.
How much does luxury asset brokerage setup cost in the UAE?
There is no single all-inclusive price. Budget separately for incorporation and renewal, any applicable regulatory applications, premises, qualified personnel, insurance and ongoing compliance. Request an itemised quotation for the exact activities and jurisdiction; authority fees and eligibility must be confirmed before applying.