RAK DAO Free Zone Company Formation: License Cost

VAZONE Expert Guide

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.

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.

✅ Explore VA Zone Services: Company Setup & Formation | Visa Services

Benefits of Company Registration in RAK DAO Freezone

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:

Fast, fully digital company setup process

Secure and innovative ecosystem built for future technologies

Zero corporate tax on qualifying income

100% foreign ownership for all company types

Visa options for investors, employees, and freelancers

Specialized licenses for digital asset, Web3, and blockchain businesses

Easy UAE banking support for digital businesses

Affordable packages suitable for startups and freelancers

Flexible office options, including remote setup

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 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:

Which RAK DAO Company Structure Should You Choose?

Required Documents for RAK DAO Freezone 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:

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

Discuss your business activity, license type, cost, and visa requirements.

Name Reservation

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

Document Preparation

Submit passport copies, application forms, and corporate documents if applicable.

License Application

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

Approval and Payment

Once the documents are approved, pay the relevant package fee.

Office Space

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

Visa Processing

Apply for residence visas for investors, partners, or employees.

Bank Account Opening

Assistance provided to open a corporate bank account in the UAE.

Operational Setup

Start 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

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

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.