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Crypto & Digital Assets

Official UAE Economic Classification (ISIC/DET Code: 6419003). Licensing regulations, NOC approval status, office criteria, and comparative pricing across 6 approved jurisdictions.

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✓ ISIC/DET Code: 6419003✓ Regulator NOC Required✓ Flexi-Desk Allowed

1. Regulatory Approvals & NOC Status

Notice: External Regulatory NOC Required

Before license activation, an official Non-Objection Certificate (NOC) must be obtained from VARA (Virtual Assets Regulatory Authority).

NOC Requirement
Yes (mandatory prior to issuance)
Regulatory Body
VARA (Virtual Assets Regulatory Authority)
External Regulators
VARA, RAK DAO, FSRA, DFSA
Pre-approval Required
Yes, business plan pre-clearance required
Regulatory Security Deposit
0 AED (No deposit)

2. Office & Facility Criteria

Flexi-Desk Eligibility
Yes, allowed on co-working flexi-desk or virtual desk lease
Physical Lease Mandatory
Not mandatory (save from 25,000 AED/yr on physical lease)
Minimum Space
No minimum sqft threshold
Facility Classification
No specific facility required

3. Compatible Freezones & Mainland

Compare pricing and setup turnaround for "Crypto & Digital Assets"

6 options

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