RAK DAO Freezone
RAK DAO Freezone – Empowering Digital & Web3 Businesses in the UAE
RAK Digital Assets Oasis (RAK DAO) is the UAE’s first free zone dedicated to digital and virtual asset companies. Located in Ras Al Khaimah, RAK DAO provides a future-focused ecosystem for Web3, blockchain, metaverse, NFT, DeFi, and other digital economy ventures. With a progressive regulatory framework, 100% foreign ownership, and a streamlined setup process, RAK DAO is the ideal launchpad for innovators looking to thrive in the global digital landscape.
Recommended Freezones
Start Your Setup Journey
Have questions about starting your business in UAE? Our specialists are here to guide you through every step — from choosing the right license to getting approvals.
Why Choose RAK DAO Freezone
100% foreign ownership with full repatriation of profits
Tailored for Web3, blockchain, and virtual asset companies
No personal or corporate income taxes
Forward-thinking regulatory framework supporting digital innovation
Quick and streamlined company registration process
Access to global banking and crypto-friendly services
Government-backed initiative ensuring credibility and stability
Opportunity to be part of a vibrant digital ecosystem in the UAE
Types of Licenses Offered
Web3 & Blockchain License
For businesses operating in blockchain development, DApps, smart contracts, and decentralized platforms.
Virtual Assets License
Enables trading, brokerage, and custodial services involving cryptocurrencies and digital tokens (subject to regulatory compliance).
Digital Marketing & Media License
For firms providing digital media, NFT marketing, influencer management, and content creation services.
Technology & IT Services License
Covers software development, cybersecurity, AI, data analytics, and IT consultancy.
Consultancy License
For professional advisors offering strategic, technical, or Web3-related consultancy services.
Holding Company License
Ideal for entrepreneurs managing digital assets, IP rights, or investments under a corporate structure.
Frequently Asked Questions
What is RAK DAO Freezone?
RAK DAO (Ras Al Khaimah Digital Assets Oasis) is a specialized free zone in the UAE designed to support digital assets, blockchain, Web3, and virtual economy businesses.
Who can set up a company in RAK DAO?
Entrepreneurs, startups, and established businesses working in digital assets, blockchain, NFTs, DeFi, and Web3 technologies are welcome to set up in RAK DAO.
Do I need to be in the UAE to register a RAK DAO company?
No, company registration can be done remotely through authorized agents like Crestbridge.
What are the benefits of setting up in RAK DAO?
Some key benefits include 100% foreign ownership, zero corporate tax, access to the UAE market, and a regulatory framework tailored for digital businesses.
What type of licenses does RAK DAO offer?
RAK DAO provides licenses for digital assets, Web3, blockchain technology, IT services, media, consultancy, and more.
How long does it take to register a company in RAK DAO?
The registration process typically takes between 3 to 7 working days, depending on document readiness and approval timelines.
Can I open a corporate bank account with a RAK DAO company?
Yes, once your company is registered, you can apply for a corporate bank account with a UAE bank. Crestbridge can assist with introductions.
Is a visa included with the company setup?
Yes, depending on your license package, visa eligibility is available. RAK DAO offers multiple visa quotas based on business needs.