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.

Company Formation in the UAE : Registration Process
5 Simple Steps are needed to Register a Company in the UAE
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SFM Corporate Services provides complimentary UAE and Dubai company formation consultation to existing and potential clients.
Select your Company Type
We offer many company formation options here in the UAE for Onshore, Offshore and Free Zone companies.
Get a License Notification
Company formation application process begins once all necessary documents are acquired.
Start your Residency Process
Following your Dubai Company's registration, the authorities will process and stamp your residency permit.
Rapid Bank Account Opening
At SFM, we feel it’s vital that a company holds corporate onshore or offshore bank account.

Banking Options

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Company Formation In RAK DAO Free Zone: 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
Company Formation in RAK DAO Free Zone: Types of License
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.
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.
The Standard Company facilitates the registration of entities as new companies, branches, or subsidiaries, offering a comprehensive framework for business establishment.

Why Choose SFM As Your Corporate Provider?

We prioritize confidentiality and data protection to ensure the safety of your sensitive information. We offer competitive pricing to provide cost-effective solutions for your business needs. SFM has a high client satisfaction rate, which is a testament to our commitment to excellent service. Additionally, we have a team of experts with extensive knowledge and experience, business experts and an international group of companies who are members of leading associations. SFM also has a strong executive team that conducts business with integrity and due diligence, guaranteeing the best possible outcome for your company.
Documents Required
for a free zone company formation
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
* Subject to the constraints of the due diligence procedure.
** 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

Our Testimonials Are Verified By Feefo, A Third Party Company

4+ out of 5 stars customer rating
Overall Rating
96% Customer satisfaction rate, testimonials verified by Feefo.com
Transparent, efficient with very good communication flow. The result was a smooth and quick registration of a new company, exactly as required.

I am always very satisfied with the fast and friendly service. ^.^
Thank you for always caring.
Always have a fun and happy day.
Good service!

It was very fast and i was always informed fast and timely

Ras Al Khaimah Digital Assets Oasis (RAK DAO) Jurisdiction News

Ras Al Khaimah Digital Assets Oasis (RAK DAO): Pioneering Innovation in a Serene Emirate

26 October 2023
Ras Al Khaimah Digital Assets Oasis (RAK DAO) stands as a pioneering venture, marking its distinction as the world’s premier purpose-built Free Zone, specifically designed to nurture the next generation of innovators [..]

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