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Blockchain is no longer a buzzword. Web3 company in RAK DAO with OfinGlobal . The future of finance, creativity, and digital ownership is being built right now and the UAE is positioning itself at the forefront of this transformation.
At the heart of this evolution is RAK DAO (Ras Al Khaimah Digital Assets Oasis) the UAE’s first free zone dedicated exclusively to blockchain, crypto, NFTs, and Web3 ventures. Designed specifically for digital-first businesses, RAK DAO offers a regulated, innovation-friendly ecosystem for founders who want to build, scale, and operate globally.
If you’re planning to launch a crypto or Web3 company in the Middle East, RAK DAO Free Zone deserves your attention.
RAK DAO is a purpose-built digital assets free zone launched by the Government of Ras Al Khaimah. Unlike traditional free zones that accommodate a wide range of activities, RAK DAO is exclusively focused on blockchain and digital asset businesses.
Its objective is clear: to become a global hub for next-generation technologies by offering clarity, affordability, and regulatory confidence to Web3 entrepreneurs.
RAK DAO provides:
A specialized legal and regulatory framework for digital assets
Simplified licensing for startups, SMEs, and global crypto firms
100% foreign ownership
Zero corporate tax (subject to UAE federal regulations)
Full repatriation of capital and profits
Fast-track setup for Web3, NFT, and blockchain projects
This isn’t a free zone trying to “fit” crypto businesses — it’s built specifically for them.
RAK DAO understands the digital asset space. From DeFi protocols to NFT platforms and DAO tooling, the free zone is designed to support modern business models that don’t fit into traditional licensing frameworks.
This results in:
Faster approvals
More relevant compliance standards
Licenses aligned with actual blockchain use cases
A strong ecosystem of like-minded innovators
One of RAK DAO’s biggest advantages is affordability. Compared to premium zones like ADGM or DIFC, RAK DAO offers lower entry costs and simpler processes, making it ideal for:
Early-stage Web3 startups
Solo founders and developers
NFT creators and platforms
Crypto consultants and marketers
If you want to launch lean and scale smart, RAK DAO makes it possible.
RAK DAO offers one of the most entrepreneur-friendly structures in the region:
No corporate or personal income tax (as per UAE rules)
No local sponsor required
No dividend or withholding tax
Full ownership of business and intellectual property
You stay in control — financially and operationally.
One of the biggest challenges in the crypto space globally is regulatory uncertainty. RAK DAO addresses this by offering clear, structured compliance guidelines tailored to digital businesses, including:
Crypto exchanges and trading platforms
Token issuance and utility token projects
Wallet and custody solutions
DeFi and decentralized applications
NFT platforms and marketplaces
You deal with a regulator that understands your business model.
RAK DAO allows unrestricted movement of funds. You can:
Bring in international investment
Transfer profits overseas
Operate multi-jurisdictional structures
Scale globally without capital restrictions
This flexibility is critical for fast-growing digital ventures.
Based in Ras Al Khaimah, RAK DAO benefits from the UAE’s world-class infrastructure, global connectivity, and strong banking ecosystem — while remaining just a short distance from Dubai.
This gives you:
Access to regional and global markets
Reliable connectivity and digital infrastructure
Proximity to legal, financial, and tech talent
RAK DAO supports a wide range of digital-first activities, including:
Layer-1 and Layer-2 solutions
Blockchain-as-a-Service platforms
Smart contract development
Centralized and decentralized exchanges
Token marketplaces
OTC trading desks
NFT minting platforms
Marketplaces and creator tools
Digital collectibles
DeFi applications
GameFi and metaverse projects
DAO governance tools
Crypto payment wallets
Asset storage solutions
Portfolio management tools
Blockchain advisory firms
Crypto branding and PR agencies
Web3 influencer platforms
If your business operates at the intersection of technology and innovation, RAK DAO is built for you.
Options include:
Free Zone LLC (FZ-LLC)
Branch of a foreign company
Subsidiary of a UAE company
Holding company
Freelancer permit
Submit details through the RAK DAO portal and receive initial approval within days.
Typically required:
Passport copies
Business plan
Shareholder details
Proof of address
Compliance documents
Background checks are conducted to ensure regulatory alignment.
Once approved, your license is issued and you can proceed with UAE business bank account opening.
At OfinGlobal, we go beyond basic company formation. We offer end-to-end support tailored for digital asset businesses.
What you get:
25+ years of advisory expertise
Deep understanding of UAE crypto regulations
Smart structuring for tokens, IP, and operations
Support with banking, accounting, and compliance
We remove confusion, reduce risk, and help you launch with confidence.
Thinking of setting up in RAK DAO Free Zone?Let OfinGlobal handle the legal, licensing, and compliance ,so you can focus on building and scaling.
Get your personalized RAK DAO setup quote today.
Don’t risk delays, unclear licenses, or costly mistakes.
Start your blockchain or Web3 company in RAK DAO with OfinGlobal – your trusted UAE setup partner.
Get Quote Now – https://ofinglobal.com/https://ofinglobal.com/
Ready to launch your company the right way?
India: +91 9410 247 247
UAE: +971 50 523 5779
Email: support@ofinglobal.com
Address: C – 3, Shanti Bhuvan, Dr Rajendra Prasad Rd, Mulund West, Mumbai 400080
Address: Unit No: 3O-01-5148 Jewellery & Gemplex 3 Plot No: DMCC-PH2-J&GPlexS Jewellery & Gemplex – Dubai – United Arab Emirates
