Understanding RAK DAO Free Zone Company Setup

Are you planning to proceed with RAK DAO Free Zone Company Setup? RAK DAO, also known as Ras Al Khaimah Digital Assets Oasis, is the UAE’s first dedicated free zone for Web3, blockchain, crypto, and digital asset businesses. It offers a future-ready ecosystem with flexible regulations, advanced infrastructure, and complete remote accessibility.

Launched in 2023 by the Government of Ras Al Khaimah, RAK DAO has emerged as a significant boost for next-generation digital enterprises. It is specifically designed for digital entrepreneurs, blockchain startups, crypto founders, DeFi builders, and NFT creators seeking a supportive and innovation-driven jurisdiction.

For a smooth and compliant entry, Enterslice offers end-to-end support for RAK DAO Company Formation, ensuring a seamless, transparent, and hassle-free setup process from start to finish.

100% Foreign Ownership

No Local Sponsor Required

0% Corporate Tax on Qualifying Income

No Personal Income Tax

Full Repatriation of Profits/p>

Remote Setup with Full Regulatory Support

Modern Infrastructure & Strategic UAE Location

Strategic Alliance with Local Banks

65% of Middle East Startups to Adopt Web3 Technologies by 2027

Build Your Digital Future with RAK DAO Free Zone Company Setup

Build and scale your Web3, blockchain, or digital asset venture from a dedicated, innovation-driven jurisdiction with RAK DAO free zone company setup. It provides a tailored regulatory sandbox and 100% foreign ownership for the pioneers of the new economy.

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What are the Types of Business Structures for the RAK DAO Company Setup?

The different types of business structures for the RAK DAO company setup are as follows:

Free Zone Limited Liability Company (FZ-LLC)

A free zone limited liability company (FZ-LLC) is a legal structure where the shareholders' liability is limited to the investment in the company. This type of company structure is ideal for startups and companies planning to raise capital by issuing shares to the public.

Free Zone Company Limited by Guarantee (CLG)

Unlike FZ-LLC, Free Zone Company Limited by Guarantee (CLG) is a type of company structure with no share capital; instead, it is operated by members who are the guarantors of the company. It is the company's structure to establish the DAO (Digital Assets Oasis) association, a non-profit organization or a society. However, in this structure, the guarantors agree to cover potential debts and liabilities.

Branch Office

The branch office is a type of company structure that operates as an extension of the existing parent company. In this structure, you will conduct the same business activities as the parent company. It is one of the most preferred structures by foreign companies that want to expand their business operations and establish a presence in the UAE. However, it will operate under the parent company’s name.

What are the Benefits of RAK DAO Company Formation?

The list of benefits of RAK DAO Company Formation is as follows:

Strategic location

Strategic location

RAK DAO offers a strategic location with easy access to the major international airports and global markets. The RAK Digital Assets Oasis Company formation is an ideal destination for business if you wish to expand your business internationally.

100% foreign ownership

100% foreign ownership

It allows 100% foreign ownership of business without any restrictions or the requirement of a local sponsor. This provides complete power to take care of your business and control as you like.

Advanced infrastructure

Advanced infrastructure

The RAK DAO free zone is also equipped with advanced modern infrastructure to support tech-driven and digital businesses. It provides access to high-speed internet, commercial spaces and modern office infrastructure.

Comprehensive support services

Comprehensive support services

The RAK DAO authorities also provide comprehensive support services during the company registration, including the licensing process, and ongoing operational support. It is one of the benefits of RAK DAO Company Formation.

Easy Repatriation

Easy Repatriation

Company Registration in RAK DAO Free Zone also offers 100% ownership of a business with easy profit repatriation without restrictions. This allows the businesses to move their respective earnings abroad and is ideal for digital businesses like Web3 and digital assets founders.

Built for Innovation and Growth

Built for Innovation and Growth

The RAK DAO free zone is built for innovation and growth, supporting entrepreneurs who are engaged in the innovation sector, like blockchain, tokenisation, and digital identity, under a tailored regulatory environment.

Tax-free business environment

Tax-free business environment

It also offers a tax-free business environment with attractive tax benefits like tax incentives, zero corporate and personal income tax, thus making the RAK DAO free zone an excellent business location for digital nomads and freelancers.

High privacy protection

High privacy protection

The RAK DAO free zone also offers high privacy protection laws to ensure confidentiality and protection of the sensitive data of the shareholders. It facilitates strict regulations and procedures to safeguard data, which is important for digital assets businesses.

How to Apply for Company Registration in RAK DAO Free Zone?

The step-by-step procedure for company registration in RAK DAO free zone is as follows:

Choose Business activity & Legal Entity

Firstly, the applicant needs to choose the permitted digital activities and accordingly select the company structures like FZ_LLC, CLG, branch, holding company or freelancer permit from the concerned authority.

Submit Initial Application

Secondly, you need to file an application through the RAK DAO portal. Our team at Enterslice will assist with the application and coordination for smooth processing.

Submit Required Documents

Next, along with the application form, you need to prepare and send the required documents like passport copies, proof of residence, business plan, shareholder agreement, and any corporate documents.

Compliance & Due Diligence

In this stage for RAK DAO free zone company setup, the concerned authority will conduct a legal and regulatory review to ensure digital asset compliance and shareholder legitimacy.

License Approval & Fee payment

Once the application is approved by the concerned authority, you may pay the licensing fees and accordingly receive the business license and company registration number.

Office Setup & Bank Account Opening

After completion of RAK DAO free zone company setup, you have to secure a business address (virtual or physical) and accordingly open your UAE corporate bank account.

Visa processing (optional)

If required, you will also have to apply for investor or employee visas through RAK DAO’s immigration services.

What is the Timeline for RAK DAO Free Zone Company Setup?

The time frame for RAK DAO Free Zone Company setup is as follows:

Choose Business Activity & Legal Entity

1–2 business days

Submit Initial Application

1–2 business days

Submit Required Documents

2–3 business days

Compliance & Due Diligence

2–4 business days

License Approval & Fee Payment

1–2 business days

What are the Essential Documents for RAK DAO Company Formation?

The list of essential documents for RAK DAO company formation is as follows:

A valid passport copy (owner and shareholders)

Recent utility bill (proof of address)

Colored photo with white background

A well-prepared business plan

Proof of address

No objection certificate (if applicable)

Professional background or CV

Compliance forms (if required)

Certificate of registration

Articles and Memorandum of Association

Copy of residence visa or Emirates ID

Board Resolution (if applicable)

Get your RAK DAO license in as little as 5–7 business days - 100% remotely.

What are the RAK DAO Free Zone License Types?

The RAK DAO Free Zone license types are as follows:

  • RAK DAO Commercial License :- The RAK DAO commercial license is designed for businesses engaged in crypto trading platforms, software development firms, and virtual asset brokerage services.
  • RAK DAO Freelance Permit :- This permit is tailored for professionals and remote workers offering blockchain consulting, development, or content creation services.
  • Digital & Virtual Services License :- This license is applicable to non-custodial crypto services, DAOs, token advisory firms, and DeFi platforms.
  • Web3 & Blockchain Development License :- This license is intended for businesses operating as dApp builders, smart contract developers, and blockchain infrastructure providers.
  • NFT Design, Creation & Trading License :- This license is best suited for NFT creators, digital artists, and NFT marketplaces.
  • Digital Asset Marketing & Consultancy License :- This license accommodates agencies, freelancers, and consultancies supporting Web3 and digital asset projects.
  • Tech Startup or Innovation License :- This license is designed for early-stage startups, experimental ventures, and MVP-stage technology businesses.

Why Business Setup in RAK Digital Assets Oasis Is Ideal for Web3 & Crypto Founders?

Business setup in RAK Digital Assets Oasis is an excellent option for entrepreneurs looking to establish digital asset and Web3 businesses in the UAE. Among the UAE’s free zones, RAK DAO stands out as a dedicated hub for Web3 founders, blockchain innovators, and digital asset enthusiasts.

One of the key advantages of RAK DAO is 100% foreign ownership, allowing entrepreneurs to retain complete control of their business without the need for a local partner. The free zone follows business-friendly and flexible regulations, making it easier to obtain licenses for crypto trading, forex trading, and a wide range of Web3 and blockchain activities.

RAK DAO also offers a cost-effective and streamlined registration process, with affordable packages and quick approvals. Businesses benefit from access to local banking support, enabling fiat-to-crypto transactions and other commercial banking services.

Additionally, founders and employees may be eligible for the RAK DAO investor visa, along with long-term UAE residency options, making it an attractive choice for long-term growth and global expansion.

RAK DAO Free Zone License
99% Success Rate

99% Success Rate

24/7 Dedicated Support

24/7 Dedicated Support

500+ Local Consultants in UAE

500+ Local Consultants in UAE

10,000+ Professionals

10,000+ Professionals

What are the Key Industries for RAK DAO Free Zone Company Setup?

Have a look at the promising industries for RAK DAO free zone company setup-

Industries for Business Setup in RAK Digital Assets Oasis

  • E-commerce and Online Retail
  • IT & Software Development
  • Fintech & Digital Finance
  • Media & Content Production
  • Logistics
  • Business Consulting

Other Industries for RAK DAO Free Zone Company Setup

  • Light Manufacturing & Assembly
  • Healthcare
  • AgriTech and Food Innovation
  • Renewable Energy & Sustainability
  • Real Estate & PropTech
  • Tourism & Travel

Types of DAO Free Zone Activities

The list of types of DAO free zone activities is as follows:

  • Blockchain startups developing decentralized applications
  • Crypto exchanges and token trading platforms (within legal limits)
  • NFT platforms for artists, brands, and collectors
  • Web3 gaming and metaverse projects
  • Smart contract development firms
  • DeFi protocols offering staking, lending, or yield farming
  • Crypto advisory and consulting companies
  • Digital asset management platforms
DAO Free Zone Activities

Why Trust Enterslice for RAK DAO Free Zone Company Setup?

With 10+ years of experience, Enterslice brings in-depth expertise with respect to free zone setup and digital asset regulations across global markets. We make the RAK DAO company registration process simple and hassle-free for you. Have a look over the reasons why Enterslice should be your first choice for RAK DAO Free Zone company setup.

  • Free Comprehensive Consultation on RAK DAO Business Activities
  • 99% Success Rate in RAK DAO Company Registration
  • Fast-track Filing of RAK DAO License Application
  • End-to-end Support in RAK DAO Compliance and Monitoring
  • Access to an in-house team of Blockchain and Corporate Lawyers
  • Ensure Securing Compliance with the UAE’s Digital Asset Regulations
  • Post-incorporation Services like Visa Processing, Accounting, and License Renewals
  • Maintains a Transparent Pricing Structure with No Hidden Costs
  • Offers 24/7 Customer Support for All Your Queries
  • Ensures Optimal Business Structuring (DAO LLC, Foundation, etc.) before Filing
  • Company Setup and Licensing Across 10,000+ Jurisdictions
  • Grants Access to RAK DAO’s Ecosystem of Investors and Partners

FAQs on RAK Digital Assets Oasis Company Formation

The different company structures available in RAK DAO are as follows:

  • Free Zone Limited Liability Company (FZ-LLC) :- A company with limited liability, suitable for startups and businesses planning to raise capital through shareholding.
  • Free Zone Company Limited by Guarantee (CLG) :- A non-profit structure without share capital, ideal for DAOs, associations, or societies, where members act as guarantors.
  • Branch Office :- An extension of a foreign parent company, allowing it to operate the same activities in the UAE under the parent’s name.

The list of key documents required for RAK DAO Free Zone company setup is as follows:

  • Free Comprehensive Consultation on RAK DAO Business Activities
  • 99% Success Rate in RAK DAO Company Registration
  • Fast-track Filing of RAK DAO License Application
  • End-to-end Support in RAK DAO Compliance and Monitoring
  • Access to an in-house team of Blockchain and Corporate Lawyers
  • Ensure Securing Compliance with the UAE’s Digital Asset Regulations
  • Post-incorporation Services like Visa Processing, Accounting, and License Renewals
  • Maintains a Transparent Pricing Structure with No Hidden Costs
  • Offers 24/7 Customer Support for All Your Queries
  • Ensures Optimal Business Structuring (DAO LLC, Foundation, etc.) before Filing
  • Company Setup and Licensing Across 10,000+ Jurisdictions
  • Grants Access to RAK DAO’s Ecosystem of Investors and Partners

The list of benefits of RAK DAO company formation is as follows:

  • Strategic location with global market access
  • 100% foreign ownership, no local sponsor
  • Advanced, tech-ready infrastructure
  • Complete registration and operational support
  • Easy and unrestricted profit repatriation
  • Innovation-friendly ecosystem for Web3 and blockchain
  • Tax-free business environment
  • Strong data privacy and confidentiality protection

The different types of DAO free zone activities are as follows:
DAO Free Zones permit activities such as blockchain and dApp development, crypto exchanges and token trading (as permitted by law), NFT platforms, Web3 gaming and metaverse projects, smart contract development, DeFi services (staking, lending, yield farming), crypto advisory services, and digital asset management platforms.

The popular RAK DAO Free Zone license types are as follows:

  • RAK DAO Commercial License
  • Web3 & Blockchain Development License
  • NFT Design, Creation & Trading License
  • Digital Asset Marketing & Consultancy License
  • RAK DAO Freelance Permit
  • Digital & Virtual Services License
  • Tech Startup or Innovation License

The different types of DAO Free Zone Activities comprise Blockchain & dApp development, Smart contract development, Crypto exchanges & token trading (as permitted), Crypto advisory & consulting, DeFi services (staking, lending, yield farming), NFT platforms, Digital asset management, Web3 gaming & metaverse projects, etc.

The company registration process in RAK DAO Free Zone includes the following steps:

  • Select Business Activity & Legal Structure :- Choose permitted digital activities and an appropriate structure such as FZ-LLC, CLG, branch, holding company, or freelance permit.
  • Submit Initial Application :- File the application through the RAK DAO portal with professional assistance for smooth processing.
  • Document Submission :- Provide required documents, including passport copies, proof of address, business plan, and corporate papers.
  • Compliance & Due Diligence :- Authorities conduct regulatory and legal checks for digital asset compliance.
  • License Approval & Fee Payment :- Upon approval, pay the prescribed fees to receive the license and registration number.
  • Office Setup & Bank Account :- Arrange a virtual or physical office and open a UAE corporate bank account.
  • Visa Processing (Optional) :- Apply for investor or employee visas, if required.

RAK DAO, which stands for Ras Al Khaimah Digital Assets Oasis, is a UAE-based free zone established to support digital asset companies. It promotes innovation in blockchain, Web3, DeFi, NFTs, and virtual asset services. Unlike other free zones, RAK DAO is built from the ground up to support digital-first and remote-first businesses.

The list of tax benefits of a remote company in RAK DAO is as 0% Corporate Tax, no import or export tax, full repatriation of capital and profits.

In general, the time taken for RAK DAO Free Zone Company Setup is 5 to 10 business days from application to license issuance.

Enterslice provides the cheapest license in the DAO free zone for business setup. That’s the reason why entrepreneurs all over the world opt for services by Enterslice.

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