If you wish to incorporate a crypto assets company in Dubai, DMCC offers the following activities.
Distributed Ledger Technology Services
Includes providing database management solutions and ancillary services based on distributed ledger technologies, such as Blockchain. Companies with this activity are not permitted to trade in, or set up an exchange for, currencies or cryptocurrencies/commodities or provide any financial activity services, brokerage, or payment processing.
Also Read
Proprietary Trading in Crypto-commodities
Includes the buying and selling (Proprietary Trading) of crypto-commodities developed on distributed ledger technology applications. This activity does not include acting as an exchange, providing brokerage services, financial services, banking services, payment processing, or storage services.
- Co-working space
- Incubation
- Events
- Community
- Education
- Excubation
The DMCC Crypto Centre will be offering a great diversity of properties, such as shared desks, dedicated desks, and offices. A start-up or an entrepreneur will be able to enjoy a subsidized setup
cost for the first year.
The DMCC Crypto Centre is operated by CV Labs DMCC, with a dedicated receptionist and an Ecosystem Manager responsible for delivering all the services and running the Centre’s activities.
New member companies must obtain one of the following new license activities* to be eligible for benefits from the DMCC Crypto Centre:
Regulated activities – require obtaining a NOC from the Securities and Commodities Authority (SCA) to proceed with the license application
- Exchange Operator
- Custodian
- Broker
- Crypto Advisory
License activities related to cryptocurrency Brokerage / Exchange / Wallet / ICO / Custodian / Crypto Advisory and related requirements and guidelines are yet to be published by SCA (Securities and Commodities Authorities) it is work-in-progress and should be available soon this year.
Also Read
Documents Required
- Valid passport copy
- Copy of tourist or residence visa
- Copy of Emirates ID copy (if applicable)
- No objection letter (NOC) from the present sponsor in case of UAE Resident)
- Copy of Utility bill evidencing proof of residential address
- Undertaking for share capital
- Business Plan
- Ultimate Beneficial Owners Declaration form
Silver
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Company Registration
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Articles of Association (AOA)
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Company Licence
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1 Company Stamp
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1 Commemorative Certificate
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Establishment Card
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Special flexi desk (1 visa quota)
Gold
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Company Registration
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Articles of Association (AOA)
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Company Licence
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1 Company Stamp
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1 Commemorative Certificate
-
Establishment Card
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Special flexi desk (1 visa quota)
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Assistance in one residence visa stamping
Platinum
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Company Registration
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Articles of Association (AOA)
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Company Licence
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1 Company Stamp
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1 Commemorative Certificate
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Establishment Card
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Special flexi desk (3 visa quota)
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Assistance in three residence visa stamping
If you wish to proceed with the above; kindly contact Adv Anoop at +971565462655.