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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

ras al khaimah digital assets oasis (rak dao) - business setup
star rating 4+ out of 5 stars customer rating

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.

rak dao business setup, uae: dao company formation consultant & cost

Company Formation in the UAE : Registration Process

5 Simple Steps are needed to Register a Company in the UAE

contact us for a free consultation

Contact Us for a Free Consultation

GCM Corporate Services provides complimentary UAE and Dubai company formation consultation to existing and potential clients.

select your company type

Select your Company Type

We offer many company formation options here for single or multiple shareholders and directors.

get a license notification

Get a License Notification

Company formation application process begins once all necessary documents are acquired.

start your residency process

Start your Residency Process

Following your KSA Company’s registration, the authorities will process and stamp your residency permit.

rapid bank account opening

Rapid Bank Account Opening

At GCM, 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

FREELANCE PERMITA 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.
REMOTE COMPANYA 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.
STANDARD COMPANYThe Standard Company facilitates the registration of entities as new companies, branches, or subsidiaries, offering a comprehensive framework for business establishment.

Why Choose GCM 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. GCM 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. GCM 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 , Address proof in home country

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

gcm - best i̇novative company formation
96 %

Customer satisfaction rate, testimonials verified by Feefo.com

09-Aug-2024
I was particularly well received by Christelle, the Managing Partner of the Dubai branch. GCM demonstrated great agility in their quotation process, which was crucial as I was leading a nascent structure in Dubai. The support provided during the administrative procedures for establishing my company in the UAE, along with the responsiveness of the service—especially from one of their team members, Oksana—truly reassured me and gave me confidence during a stressful period of establishing a professional presence abroad. I highly recommend GCM to any professional looking to set up in the UAE or even just to benefit from their advice.
gcm - best i̇novative company formation
02-Aug-2024
The service renderade was proactive, engaged and well excecuted.
gcm - best i̇novative company formation
25-Jul-2024
Service was excellent from start to finish. Anna Hochberg was always available to give advice and options and walk us through the process.
gcm - best i̇novative company formation
12-Jul-2024
Transparent, efficient with very good communication flow. The result was a smooth and quick registration of a new company, exactly as required.
gcm - best i̇novative company formation
20-Jun-2024
gcm - best i̇novative company formation
READ MORE REVIEWS

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