Why the UAE is the #1 Destination for Crypto Businesses
The UAE has rapidly become a global hotspot for cryptocurrency and blockchain businesses. Entrepreneurs from around the world are moving to Dubai and Ras Al Khaimah to launch their crypto trading companies because of the UAE’s:
✅ Zero personal income tax
✅ Investor-friendly regulations
✅ Strategic location between East & West
✅ Clear compliance guidelines for digital assets
But the big question is: Where should you set up your crypto company in UAE – RAK DAO or Dubai Mainland?
Let’s break it down.
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RAK DAO Crypto License – Fast & Startup-Friendly
RAK DAO (Ras Al Khaimah Digital Assets Oasis) is the first free zone in the world designed specifically for digital assets and Web3 companies.
It’s the perfect choice if you’re into blockchain development, NFTs, DAOs, crypto consultancy, or token creation.
Key Benefits of RAK DAO License
• 100% foreign ownership with no need for a local sponsor.
• Quick setup – get your license in as little as 5 working days.
• Lower entry cost – packages start from AED 17,250.
• No mandatory office – virtual or shared offices are allowed.
• Specialized for Web3 & digital assets – tailored support for blockchain startups.
Best for freelancers, startups, and entrepreneurs who want a low-cost crypto license in UAE with maximum flexibility.
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Dubai Mainland Crypto License – Wider Market Reach
A crypto license in Dubai Mainland (DED) allows you to conduct business directly across the UAE without free zone restrictions.
This is ideal for those who want to build a large crypto trading business in Dubai, work with government clients, or deal directly with UAE residents.
Key Benefits of Dubai Mainland License
• Trade anywhere in Dubai and across UAE.
• Strong market credibility – mainland companies are trusted by local clients.
• Office presence required – helps establish stronger business reputation.
• Full foreign ownership under recent UAE reforms.
• Broader business activities beyond crypto if you want to expand.
Best for established crypto companies looking to scale their operations and gain strong recognition in the UAE market.
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Side-by-Side Comparison: RAK DAO vs Dubai Mainland
Feature RAK DAO Crypto License Dubai Mainland Crypto License
Ownership 100% foreign ownership 100% foreign ownership
Setup Speed 5–7 working days 2–3 weeks
License Cost From AED 17,250 From AED 28,500
Office Requirement Optional (virtual allowed) Mandatory (Ejari lease)
Best For Startups, freelancers, blockchain & NFT projects Larger crypto trading firms, local market access
Visa Options Residency visa included in packages Residency visa available
Market Access Free zone – mostly international business Mainland – full access to UAE market
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Which Crypto License Should You Choose?
• If you’re starting small, testing the market, or focusing on blockchain/Web3 projects, the RAK DAO crypto license is a cost-effective and flexible choice.
• If you want to scale big, trade directly in Dubai, and build a solid reputation, a Dubai Mainland crypto license is the better long-term option.
In short:
RAK DAO = Fast, Affordable, Startup-Friendly
Dubai Mainland = Credible, Scalable, Market-Ready
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Costs to Expect
• RAK DAO Crypto License: AED 17,250 – 52,000 (depending on package, visa, and office needs).
• Dubai Mainland Crypto License: AED 28,500 – 66,000 (including office space and visa).
Both are competitively priced compared to other global crypto hubs, but offer higher credibility and easier global banking access.
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Final Thoughts
Whether you choose RAK DAO or Dubai Mainland, getting a crypto license in UAE is your gateway to one of the most secure, innovative, and profitable environments for cryptocurrency businesses.
With its visionary leadership, supportive policies, and rapidly growing crypto ecosystem, the UAE is the best place in the world to start a crypto trading business.
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Get Expert Help for Your Crypto License Setup
Starting your crypto venture in the UAE doesn’t need to be complicated. With the right guidance, you can get your license, visa, and bank account sorted in no time.
Ali Usman Janjua
Senior Business Consultant
+971 50 503 4944
info@wwms.ae