VAZONE Expert Guide

RAK DAO Free Zone: Company Formation in RAK Digital Assets Oasis

The RAK DAO Free Zone (RAK Digital Assets Oasis) is the UAE’s first dedicated hub for digital assets, Web3, blockchain, AI, gaming, and virtual asset companies. Designed as a future-ready ecosystem, RAK DAO offers 100% foreign ownership, zero corporate tax on qualifying income, fast digital company setup, flexible licenses, affordable packages, and a regulatory environment tailored for innovation. It is the ideal destination for startups, freelancers, and global digital businesses looking to grow in a secure, forward-thinking free zone.

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RAK DAO — RAK Digital Assets Oasis

RAK DAO Free Zone, also known as RAK Digital Assets Oasis, is the UAE’s most forward-thinking hub for digital asset, Web3, blockchain, AI, and virtual economy businesses. Built to support the companies of the future, it offers a secure regulatory environment, modern digital infrastructure, and full flexibility for global entrepreneurs. Startups, tech innovators, freelancers, and digital-first companies choose RAK DAO for:

  • 100% foreign ownership

  • Zero corporate tax on qualifying income

  • Fast and fully digital business setup

  • Specialized licenses for digital and virtual asset activities

  • Affordable packages and flexible visa options

Whether you’re launching a Web3 startup, securing a digital asset trading license, or setting up a full RAK DAO company, this guide covers every step, requirement, and benefit to help you make the right decision.

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Benefits of Company Registration in RAK DAO Freezone

Benefits of Company Registration in RAK DAO Free zone

Registering a company in RAK DAO provides several strategic advantages:

  • 100% foreign ownership with no local partner required

  • Zero corporate tax on qualifying income

  • Fast & fully digital company setup

  • Robust regulatory framework tailored for digital and virtual asset businesses

  • Wide range of Web3-friendly licenses

  • Access to UAE banking solutions

  • No currency restrictions

  • Affordable business setup packages

  • Investor-friendly visa options

  • Prime location with international connectivity

RAK DAO Free Zone Features

RAK DAO offers a unique ecosystem built for the digital economy:

Major Features Include:

Company_formation_in_1_5_business_days

Fast, fully digital company setup process

Secure and innovative ecosystem built for future technologies

Secure and innovative ecosystem built for future technologies

0__Income___Withholding_Tax

Zero corporate tax on qualifying income

Full foreign ownership

100% foreign ownership for all company types

Fast_visa_processing

Visa options for investors, employees, and freelancers

Investor Residency Visa eligibility

Specialized licenses for digital asset, Web3, and blockchain businesses

Easy business bank account opening

Easy UAE banking support for digital businesses

Multi-year licensing options

Affordable packages suitable for startups and freelancers

Flexible warehouse solutions

Flexible office options, including remote setup

RAK DAO Freezone Company Formation Packages

RAK DAO Freezone Company Formation Packages

RAK DAO offers flexible packages based on business type and requirements:

  • Freelancer/Individual Package—For solo professionals and creators

  • Standard Company Package—Ideal for startups and SMEs

  • Premium Company Package—For established digital asset firms

  • Proprietary Trading & Digital Nomad Packages

  • Visa-inclusive packages with multiple quota options

  • Zero-Visa company formation available

Packages vary based on license type, business activity, and visa requirements.

RAK DAO Freezone

RAK DAO Freezone

RAK Digital Assets Oasis is specifically structured for:

  • Web3 companies

  • NFT & Blockchain projects

  • Gaming & Metaverse startups

  • Digital content creators

  • Virtual asset trading companies

  • Fintech and AI ventures

  • Developers, consultants, and digital innovators

Types of Business Licences in RAK DAO Freezone

Proprietary Trading License

For individuals or entities trading in digital assets or virtual tokens on their own account (not on behalf of others).

Digital Nomad License

For remote workers who wish to legally operate from the UAE without establishing a traditional office.

Premium Licence

Advanced business licence for high-growth digital asset companies requiring multi-activity operations and visa support.

Standard Company

A full-fledged corporate structure offering multiple business activities and office solutions for startups and SMEs.

Freelance Permit

Ideal for individuals offering professional or digital services such as development, design, consulting, trading analysis, and content creation.

Choose the Best Company Structure in RAK DAO Free Zone

RAK DAO Free Zone offers flexible and Web3-friendly business structures that cater to a variety of digital-asset use cases. Your choice of entity has big implications for governance, scalability, capital, and operations — so here’s a breakdown of the main types you can choose from:

Free Zone Company (FZCO)

This is the most common structure in RAK DAO. It allows for 1–50 shareholders, offers limited liability, and is ideal for Web3 startups, blockchain firms, or companies planning to raise capital. Because it’s a fully incorporated company, it’s easier to issue shares, involve investors, and sponsor visas.

Company Limited by Shares

Similar to FZCO but specifically structured so that each shareholder owns a defined number of shares. This is great for tokenized businesses or companies planning equity-based fundraising. Filings.ae highlights this structure for growth-oriented digital firms.

Company Limited by Guarantee

Instead of capital, members act as guarantors. This structure is often used by nonprofits, DAOs, or community-led Web3 projects. Filings.ae mentions this as a separate legal entity type.

Branch Office

Allows an existing foreign or UAE company to expand into RAK DAO without forming a separate legal entity. This structure is useful for international firms that want local presence but prefer to keep the structure centralized, as RadiantBiz explains.

Holding Company

Particularly useful for Web3 and digital asset businesses: use a holding company to manage token projects, IP, digital assets, or intellectual property in a regulated structure. RadiantBiz specifically calls out this option for managing digital assets.

Freelancer Individual Structure

For solo creators, developers, remote workers, or blockchain consultants, RAK DAO offers a flexible freelancer permit. This is highlighted in several competitor guides (e.g., RadiantBiz) for its simplicity and visa-friendly setup.

Which RAK DAO Company Structure Should You Choose?

Structure Shareholders Ownership Capital Requirement Best For
FZE (Free Zone Establishment)
1
100% Foreign Ownership
No mandatory minimum (varies by activity)
Solo founders, freelancers transitioning to a company
FZ-LLC (Free Zone LLC)
2–50
100% Foreign Ownership
No mandatory minimum (activity-based)
SMEs, startups, Web3 teams, digital studios
SMEs
Branch of Foreign Company
Parent company
100% Owned by Parent
No Capital
Global expansion, existing companies entering UAE
Branch of UAE Companya
UAE Parent Company
100% Owned by Parent
No Capital
UAE companies expanding into digital assets
DAO / Web3 Specialized Entities
1 or Multiple
100% Foreign Ownership
Activity-Based
Blockchain projects, token issuers, NFT firms, gaming, exchanges
FZ Sole Proprietor
1
100% Foreign Ownership
Not required
Individual consultants, creators, developers
Holding Company
100% Foreign Ownership
1 or Multiple
Not required
Asset protection, IP holding, investment structuring

Required Documents for RAK DAO Freezone Company Setup

Documents for RAK DAO Free zone Company Setup

To register your business in the RAK DAO Free Zone, you must provide specific documents based on whether the shareholder is an individual or a corporate entity. Below is a simplified, easy-to-follow breakdown.

Documents for Individual Shareholders

Mandatory Requirements:

  • Passport copy

  • Passport-sized photo

  • UAE entry stamp/visa copy (if available)

  • Business plan (for certain activities)

  • Proof of address

Documents for Corporate Shareholders

Mandatory Requirements:

  • Certificate of incorporation

  • Memorandum & Articles of Association

  • Board resolution authorizing the new company

  • Passport copies of UBOs

RAK DAO Company Formation Timeline

The RAK DAO setup timeline is speedy:

Step Timeline
Name Reservation
1 business day
Initial Approval
1–2 business days
Licence Issuance
2–5 business days
Visa Processing
5–10 days
Bank Account Opening
1–3 weeks (depends on bank)

Total estimated time: 5–10 working days for company formation.

How to Start a Company in RAK DAO Free Zone (Step-by-Step)

Take Initial Consultation

Take Initial ConsultationDiscuss your business activity, license type, cost, and visa requirements. 

Name Reservation

Name ReservationChoose & reserve your company name through RAK DAO’s portal.

Document Preparation

Document PreparationSubmit passport copies, application forms, and corporate documents if applicable.

License Application

License ApplicationYour business activity is reviewed and submitted to the free zone authority.

Approval and Payment

Approval and PaymentOnce the documents are approved, pay the relevant package fee.

Office Space

Office SpaceChoose from flexi desk, co-working, or dedicated office options.

Visa Processing

Visa ProcessingApply for residence visas for investors, partners, or employees.

Bank Account Opening

Bank Account OpeningAssistance provided to open a corporate bank account in the UAE.

Operational Setup

Operational SetupStart operations, activate platforms, and begin business activities.

RAK DAO—"The “Free Zone of the Future for Companies of the Future

RAK Digital Assets Oasis is redefining how Web3 and digital companies operate in the UAE. With full digitalization, flexible regulations, and unmatched support for emerging technologies, it is truly the free zone of the future.

RAKEZ Free Zone vs Other UAE Free Zones

Feature RAK DAO Free Zone Dubai Free Zones Sharjah Free Zone Fujairah Free Zone
Cost
Low to Medium
High
Medium
Low
Visa Flexibility
High
Medium
High
Medium
License Types
Specialized (Web3, Digital Assets, AI, Blockchain)
Very Broad (Media, Tech, Finance, Trading)
Limited to General Business
Moderate (Trading, Logistics, Services)
Regulatory Framework
Digital-Asset Focused
Strong but traditional
Standard
Basic
Industry Focus
Web3, Blockchain, Gaming, AI, Digital Assets
Finance, Media, Tech, Trading
Startups, SMEs, Education
Trading, Logistics, Services
Setup Speed
Very Fast (Fully Digital)
Moderate
Fast
Fast
Banking Support
Good (Digital-friendly)
Excellent
Good
Moderate
Ownership
100% Foreign Ownership
100% Foreign Ownership
100% Foreign Ownership
100% Foreign Ownership
Ideal For
Digital Asset Companies, Web3 Startups, Freelancers, AI Firms
Tech Giants, Finance, Media, R&D
Startups, Education
Trading & Logistics Businesses

Why VA Zone for Your RAK Digital Assets Oasis Free Zone Business Setup?

VA Zone simplifies your entire company formation journey:

  • Expert consultants for digital asset businesses

  • End-to-end assistance from licence to visa

  • Transparent pricing with no hidden fees

  • Fast documentation & approvals

  • Assistance in bank account opening

  • Local compliance, tax, and accounting support

  • Dedicated account manager for smooth setup

VA Zone ensures a stress-free, fast, and compliant RAK DAO company formation experience.

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RAK DAO Free Zone Frequently Asked Questions

What type of businesses can operate in RAK DAO?

Web3, blockchain, NFT, gaming, fintech, digital asset trading companies, AI companies, and digital service providers.

Do I need to be in the UAE to start a company?

No. RAK DAO allows remote company formation.

How much does RAK DAO company setup cost?

Packages typically start from AED 6,000 – AED 16,500, depending on license type.

Can I get a UAE residence visa through RAK DAO?

Yes. Visa and non-visa packages are available.

Can foreign investors own 100% of the company?

Absolutely. RAK DAO allows 100% foreign ownership.

Does RAK DAO support crypto trading companies?

Yes. It supports proprietary trading licenses and various digital asset activities.

Is office space mandatory?

A flexi desk or co-working option is sufficient for most licenses.

How long does it take to set up a company in RAK DAO?

Company formation typically takes 5–10 working days, depending on documentation and approvals. Company formation typically takes 5–10 working days, depending on documentation and approvals.

Can I open a corporate bank account for my RAK DAO company?

Yes. RAK DAO companies are eligible for UAE corporate bank accounts, and setup consultants can assist with the process.

What documents are required to start a RAK DAO company?

Generally, you will need a passport copy, a passport-size photo, details of your business activity, and proof of address. Corporate shareholders must provide incorporation documents.

RAK DAO (Digital Assets Oasis)

Features:

  • Tailored for digital asset businesses and
  • Supports innovative and tech-driven companies

Pricing starting from:

  • Starting packages and fees vary based on specific business requirements

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