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 Creative 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, Creative Zone ensures a seamless experience and a strong foundation for long-term success in RAK DAO’s digital space.
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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 Creative Zone, we’ll be your end to end partners, giving you a head start in carving out your impact in RAK DAO.
1
Choose your Business Type
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.
2
Submit your application and required documents
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.
3
Customise your business package
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.
4
Complete the payment of the application fee
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.
5
Receive 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.