Overview
RAK Digital Assets Oasis is a free zone in Ras Al Khaimah built specifically for digital-asset and Web3 companies. It is designed around non-regulated digital-asset activity, which is both its strength and the thing most often misread about it.
What the licence does, and does not do
A free-zone licence does three things: it incorporates the company, it permits the activities printed on it, and it supports residence visas against the office arrangement.
It does not authorise a regulated virtual-asset activity. That is the single most expensive misunderstanding in this market, and it is usually discovered after the office has been leased and the visas issued.
RAK DAO is in Ras Al Khaimah, not Dubai, so VARA does not apply. The perimeter to test against is the federal one held by the CMA. A business that wants to serve Dubai clients with a regulated activity should expect to need a Dubai permission regardless of where it incorporated.
Activities
Software and protocol development, DAO and decentralised governance projects, NFT and metaverse businesses, digital-asset advisory, and Web3 services that do not involve holding client assets or intermediating client transactions.
The zone is explicitly oriented to activities that do not require a financial services licence. That is a deliberate and useful design. It becomes a problem only when a business drifts into custody, exchange or brokerage and does not notice that it has left the zone's intended perimeter.
Substance and cost
Licence and renewal, company registration, establishment card, an office arrangement ranging from a flexi-desk to dedicated premises, and a visa quota tied to that office. Indicative amounts are listed below and are not yet verified.
Note that a flexi-desk sufficient for the zone may be insufficient for the regulator. Where a virtual-asset licence is in contemplation, the substance required by the regulator should drive the office decision, not the other way round.
How we help
We choose the zone on the activity the business actually needs, not on the headline package price. We incorporate, run the attestation chain for foreign shareholder documents, and sequence the zone licence against the regulatory application so the company is not paying rent on a licence it cannot yet use.
- 01
Structuring
Activity mapping, regulator selection, group and holding structure.
ابھی تصدیق نہیں ہوئی
- 02
Entity incorporation
Trade name, initial approval, lease, corporate documents.
ابھی تصدیق نہیں ہوئی
Incorporation alone. It does not confer permission to carry on a virtual-asset activity.
فیسیں
یہ وہ اخراجات ہیں جن کا سامنا لائسنس یافتہ کو حقیقتاً ہوتا ہے۔ رقوم اُس وقت تک خالی رہیں گی جب تک ہر ایک کو ادارے کے شائع کردہ شیڈول سے نہ ملا لیا جائے — غیر تصدیق شدہ عدد کسی عدد کے نہ ہونے سے بدتر ہے۔
Free-zone commercial licence (year one)
یک بارگی
ابھی تصدیق نہیں ہوئی
Licence renewal
سالانہ
ابھی تصدیق نہیں ہوئی
Company registration and incorporation
یک بارگی
ابھی تصدیق نہیں ہوئی
Establishment card
سالانہ
ابھی تصدیق نہیں ہوئی
Flexi-desk or shared workspace
سالانہ
ابھی تصدیق نہیں ہوئی
Residence visa, per person
متغیر
ابھی تصدیق نہیں ہوئی
دستاویزات
اشاراتی زمرے۔ درست دستاویزی مجموعہ سرگرمی پر منحصر ہے اور ریگولیٹر مزید بھی طلب کر سکتا ہے۔
- Passport copy, valid at least six months
- Passport photograph, white background
- Proof of residential address, dated within three months
- Curriculum vitae
- Bank or professional reference letter
- Police clearance or good conduct certificate — تصدیقی سلسلہ درکار ہے
- Source of wealth and source of funds evidence
- UAE entry stamp or visa page
- Certificate of incorporation — تصدیقی سلسلہ درکار ہے
- Memorandum and articles of association — تصدیقی سلسلہ درکار ہے
- Certificate of incumbency or good standing — تصدیقی سلسلہ درکار ہے
- Board resolution approving the UAE entity — تصدیقی سلسلہ درکار ہے
- Register of members and directors
- Ultimate beneficial owner declaration
- Group structure chart to natural persons
- Audited financial statements, most recent two years
- Power of attorney for the UAE representative — تصدیقی سلسلہ درکار ہے
دیگر ریگولیٹرز کے ساتھ تعامل
عام سوالات
Is a RAK DAO licence enough to run a crypto business?
No. A free-zone licence incorporates the company and permits the activity printed on it. Carrying on a regulated virtual-asset activity is a separate permission from a separate authority, and both must be held.
Why does RAK DAO show a grey status pip rather than a brass one?
Because the pip marks a dedicated virtual-asset framework in force. Commercial free zones incorporate companies; they do not operate virtual-asset regimes. The pip is a statement about the zone's role, not about its quality.
مآخذ
- RAK Digital Assets Oasis — activity list and licensing
- Free-zone incorporation does not confer regulatory authorisation — Confirm the current activity list and any zone-specific digital-asset conditions