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Dubai International Securities

Dubai International Securities
Dubai International Securities LLC (DIS) is one of the oldest and licensed brokerage firms in Dubai, UAE for local equities listed on Dubai Financial Market (DFM) and Abu Dhabi Stock Exchange (ADX).

It is also a licensed broker for commodities, currencies, single stock futures and indices traded in Dubai Gold & Commodities Exchange (DGCX). It offers one stop service in the local Capital Markets for investments and a hassle free execution of client orders in multiple markets, serviced by a professional and experienced team. It was awarded “Banker Middle East Award 2009” for Best Commodities Broker.
 
Important notification on Value Added Tax (VAT)
 
We wish to inform you that as per the Federal Decree Law No. 8 of 2017, starting 1st of January 2018 the Value Added Tax (VAT) @ 5% will be applied on all DFM, ADX and DGCX invoices regardless of the nationality or residency of the investor client. VAT will be applied on all trade and non-trade related transactions provided by the brokers and stock markets including fees, transfers, name correction charges, fines/penalties etc. VAT @ 5% will be applied on our brokerage commission, executed order fees, market fees and CDS fees. However, with regard to the fees of Securities & Commodities Authority (SCA), we understand that currently the same are not taxable till further instructions from the concerned authorities.
 
Kindly note that VAT on brokerage and market fees as above will be shown in our Tax Invoice and collected from clients at the time of settlement and paid to the relevant authorities and markets respectively. Please click here to know the details in our official communication.
 
For more information on VAT visit https://tax.gov.ae/index.aspx.