Ras Al Khaimah Digital Assets Oasis (RAK DAO) - Business Setup
- 100% foreign ownership
- 100% repatriation of capital and profits
- Investors can open bank accounts locally and internationally for standard companies
- Investors can open bank accounts locally and internationally for remote companies
- Complete confidentiality
About Ras Al Khaimah Digital Assets Oasis (RAK DAO)
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.
- 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
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.
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.
Why Choose SFM As Your Corporate Provider?
*Additional documents may be needed at any point during the incorporation process at the discretion of the license issuing authority
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.
Our Client Reviews
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It was very fast and i was always informed fast and timely
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I incorporated a company in Delaware and did it through SFM Corporate Services Dubai.
The company services exceeded my expectations they made it very easy for me to proceed and regularly updated me on the progress.
Xenia Tsyganova who was my Client Manager was very polite, fast and very professional through the whole process. Huge thanks to Xenia !
I would highly recommend SFM Corporate Services !
Very professional service ! I highly recommend SFM, and I do it for all my clients.
They are able to give the best advices and open the right doors for your business.
Thank you SFM Team 🙏
SFM has incorporated an offshore company for me in a timely manner and managed to open a bank account for the company as well. Their services were exceptional.
Anna Hochberg have gone above and beyond and I'm truly grateful for her services, support and efforts.
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