Ras Al Khaimah Digital Assets Oasis (RAK DAO)

Blockchain-friendly free zone supporting DAOs and Web3 projects

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About Ras Al Khaimah Digital Assets Oasis RAKDAO

Located in the vibrant hub of Ras Al Khaimah, UAE, Ras Al Khaimah Digital Assets Oasis (RAK DAO) stands as the world's pioneering purpose-built Free Zone tailored for next-gen innovators. Exclusively catering to non-regulated digital and virtual assets enterprises driving advancements in emerging sectors, RAK DAO is at the forefront of innovation. It serves as the authoritative body responsible for granting licenses within the RAK UAE Free Zone.

RAK DAO Free Zone offers a unique environment, meticulously balancing regulation and enablement, fostering a space where innovation thrives. Entrepreneurs of the future, this is your platform to transform visionary ideas into groundbreaking realities.

WHY CHOOSE RAKDAO FOR YOUR BUSINESS?

Explore the unique advantages that make RAKDAO a top choice for global entrepreneurs and investors.

TAX EFFICIENCY

RAK DAO offers competitive corporate tax, ensuring business efficiency.

HIGH PRIVACY PROTECTION

Comprehensive privacy laws ensure confidentiality of shareholder information.

SIMPLE SETUP PROCESS

Get your company up and running in days.*

STRATEGIC UAE LOCATION

Access global markets from a dynamic free zone with strategic positioning.

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Company Formation in the UAE
IN 5 SIMPLE STEPS

Select your
Company Type

Get a License Notification

Start your Residency Process

Rapid Bank Account Opening

COMPANY FORMATION In RAKDAO

Benefits & Characteristics

Allowing to apply residency visas in the UAE
Physical presence not necessary in the UAE to setup your company
A Company shall be permitted to have one (1) or more shareholder and maximum of fifty (50) shareholders subject to the approval of the Registrar.
External approvals are not included & subject to standard prices by the relevant authorities

Types of license

FREELANCE PERMIT

A permit that allows individuals to provide services on freelance basis without the need to incorporate a company.

A Freelance Permit grants permission for engaging in unregulated virtual asset activities, encompassing Metaverse, Blockchain, Gaming, NFTs, DApps, Artificial Intelligence, and Web3-related activities. Holders can obtain a UAE residence visa, enabling legal work in the UAE.

REMOTE COMPANY

A legal entity formed by agreement of the shareholders to engage in and operate business without having physical presence in the free zone.

The Remote Company is designed for remote innovators wholly owned subsidiaries not a requiring a local bank account, providing them with an official entity status and a designated RAK DAO Address.

STANDARD COMPANY

The Standard Company facilitates the registration of entities as new companies, branches, or subsidiaries, offering a comprehensive framework for business establishment.

Documents Required

Colored passport copy, Colored entry stamp copy, Copy of tourist visa if applicable, Business Plan, Address proof in home country, shareholders CVs

Additional documents may be needed at any point during the incorporation process at the discretion of the license issuing authority.*

CUSTOMER
TESTIMONIALS

WHY BUSINESSES CHOOSE US FOR COMPANY FORMATION

December 18, 2024

Fast and reliable service. Account manager was responding fast and always to the spot.