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Crypto & Web3 licence in Ras Al Khaimah

Ras Al Khaimah offers a fast, crypto-friendly path for non-regulated blockchain and Web3 companies through Innovation City RAK. RAKEFZ helps with licensing and compliance.

Start Web3 setup →Innovation City page

What is a crypto/Web3 licence in RAK?

Innovation City RAK licences blockchain development, NFT platforms, Web3 infrastructure, gaming and crypto consultancy outside the scope of financial services regulation.

Why choose crypto/Web3 in RAK?

  • ✓Crypto-friendly framework
  • ✓No VARA for non-regulated products
  • ✓100% foreign ownership
  • ✓5–7 day licensing
  • ✓Founder visas

Crypto & Web3 activities

Blockchain development
Crypto consultancy
NFT marketplace
DeFi protocol tools
Web3 infrastructure
GameFi & metaverse
Smart contract auditing
Digital asset advisory
Tokenisation platforms

Crypto/Web3 licence cost and timeline

Licence fee from
AED 14,500
Innovation City
Service fee from
AED 2,900
Essential package
Setup time
5–7 days
Remote

Frequently asked questions

Launch your crypto company today

Choose your Web3 activity and get a live all-in quote. Your dedicated Relationship Manager handles licensing, compliance and visas.

Launch your crypto company →