Set up Your Crypto Company in RAK DAO

Expand your UAE footprint and set up your business with ease

About RAK DAO

RAK Digital Asset Oasis is a specialized free zone in Ras Al Khaimah, UAE, designed to accelerate the growth of the country’s digital economy and its blockchain-based businesses. It provides a robust regulatory framework, cutting-edge infrastructure, and a business-friendly environment, positioning itself as a premier destination for companies in digital assets, fintech, and cryptocurrency. The oasis offers flexible licensing options, attractive tax incentives, and business-friendly corporate processes to empower both small and large companies to innovate and scale.

In doing this, Rapid Zone will be a trusted partner, offering expert guidance through every step of the business setup process. From securing the right licenses to navigating regulatory requirements and providing ongoing business support, Rapid Zone ensures a seamless experience and a strong foundation for long-term success in RAK DAO’s digital space.

Advantages for Setting Up Your Business in RAK Digital Asset Oasis

Digital and Virtual Assets

RAK DAO is the first free zone for digital and virtual assets. Entrepreneurs will have over 170 business activities to choose from, depending on what business they wish to run.

Strategically Located

Within the UAE, the free zone offers modern office infrastructures, amenities, and facilities – all in a jurisdiction with a high living standard.

Opportunities

Enabling growth for RAK DAO companies are the free zone’s countless opportunities for funding, networking, and partnerships with the UAE’s tech and innovation leaders.

Income Taxes

A RAK DAO business offers perks like full foreign ownership for expatriates, full repatriation of profits and capital, plus no corporate and personal income taxes.

Packages We Offer Tailored Packages for your business

Freelance Permit

What we offer: A Freelance permit and Access to a UAE visa Benefits: A conducive ecosystem for innovation and experimentation Flexible and dynamic hybrid workspaces Robust Digital Assets Regulatory Framework Advisory and Professional Services Join the expanding Web3 community Access to tier 1 blockchain protocols and VC funds

Digital Nomads License

What we offer: A Digital Nomads License and RAK DAO Address Benefits: A system that fosters experimentation and innovation Flexible and Dynamic Hybrid Workspaces Robust Digital Assets Regulatory Framework Advisory and Professional Services Be part of growing web3 Ecosystem Access to tier 1 blockchain protocols and VC funds

Standard Company

What we offer: A License, RAK DAO Facility, E-Channel Registration, Establishment Card, 1 Free Visa Benefits: An ecosystem conducive to experimentation and innovation Flexible and dynamic hybrid workspaces Robust digital assets regulatory framework Advisory and professional services Be part of digital assets purpose-built economic free zone Be part of growing web3 ecosystem

Steps for setting up your business in RAK DAO

In just a few steps, setting up a company at the RAK DAO is incredibly easy. When you work alongside our expert team at Rapid Zone, we’ll be your end-to-end partners, giving you a head start in carving out your impact in RAK DAO.

You will have over 170 business activities to choose from when starting a company at the RAK DAO. Once you’ve decided, be sure to also pick out a company name that fits the business you have in mind.

Get all your necessary requirements and details ready. Select the type of RAK DAO license that you’ll be applying for, prepare the needed documents, and be ready to disclose any relevant information about your shareholders.

Business packages at RAK DAO can be tailored to your specific needs. The free zone has freelance permits, digital nomad licenses, or standard company license depending on what your business is looking for.

Once all the requirements and details have been prepared, pay for your application fees and you’ll be nearly done with the process! All that’s left to do will be to wait for your license.

As soon as all documents and applications steps have been approved, you’ll receive a RAK DAO business license which allows you to formally operate within the jurisdiction. You’ll be free to start and grow an innovative business, while taking advantage of what the free zone has to offer.