Setting up a remote company in RAK DAO is becoming a top choice for entrepreneurs looking to manage their businesses from anywhere in the world. Ras Al Khaimah Digital Assets Oasis (RAK DAO) is the first free zone in the UAE focused entirely on digital and virtual assets. It offers a flexible environment, modern regulations, and full remote accessibility. If you’re a digital entrepreneur, blockchain startup, or Web3 company, RAK DAO is designed for you.
What is RAK DAO?
RAK DAO (Ras Al Khaimah Digital Assets Oasis) is a UAE-based free zone established to support digital asset companies. It promotes innovation in blockchain, Web3, DeFi, NFTs, and virtual asset services. Unlike other free zones, RAK DAO is built from the ground up to support digital-first and remote-first businesses.
RAK DAO’s Mission and Focus
The goal of RAK DAO is to simplify how remote companies operate in the UAE. It enables businesses to operate 100% online with modern support, regulatory clarity, and direct access to banking and blockchain ecosystems.
Why Choose RAK DAO For Your Remote Business?
Setting up a remote company in RAK DAO comes with many benefits for global entrepreneurs and digital asset businesses.
Full Remote Accessibility
You can register and manage your company online, with no need to be physically present in the UAE.
Focus on Digital Assets
It’s one of the few zones in the world tailored for crypto, blockchain, and digital businesses.
Fast and Streamlined Setup
Applications can be processed in a few days, especially for entrepreneurs ready with documents and a business plan.
100% Foreign Ownership
You don’t need a local sponsor or partner to set up your RAK DAO company.
Step-by-Step Process to Setup a Remote Company in RAK DAO
Here’s how you can start your RAK DAO business remotely in just a few steps:
Step 1: Choose Your Business Activity
Pick from the wide list of permitted activities, such as:
- Blockchain development
- Virtual asset custody
- NFT marketplaces
- Tokenization platforms
- DeFi or DApp development
Step 2: Select Company Structure
You can establish:
- A Free Zone Limited Liability Company (FZ-LLC)
- A Branch of a foreign company
Step 3: Submit the Required Documents
Documents include:
- Passport copy
- Proof of address
- Business plan
- CV or resume
Step 4: Apply Through the RAK DAO Portal
Complete your application online through the RAK DAO platform. You can upload documents, choose office space (virtual or physical), and pay fees digitally.
Step 5: Get Your License and Start Operating
Once approved, your RAK DAO license will be issued. You can then open your business bank account and start global operations.
Documents Required for RAK DAO Remote Company Setup
To start a remote business in RAK DAO, prepare the following:
Basic Documents
- Valid passport copy (of owner and shareholders)
- Recent utility bill (proof of address)
- Colored photo with white background
- A well-prepared business plan
Optional Documents
- Previous business experience (CV)
- Company profile if applying as a branch
Cost of Setting Up a Remote Company in RAK DAO
The cost of setting up a RAK DAO company is competitive and includes:
License Fee
Starting from AED 11,500 annually (varies by activity).
Virtual Office or Co-Working Space
Virtual office packages start from AED 5,000/year.
Additional Costs
- MOA & document drafting (optional)
- UAE local bank account opening support
Business Activities Allowed in RAK DAO
RAK DAO is built for Web3 and blockchain entrepreneurs. Some permitted activities include:
Digital Asset Services
- Virtual asset custody
- Exchange services
- Blockchain analytics
Tech-Based Services
- Software and application development
- AI and machine learning
Creative Digital Services
- NFT creation & trading
- Tokenization platforms
- Decentralized finance (DeFi)
RAK DAO Licensing Options
RAK DAO offers flexible licenses depending on the business model:
RAK DAO Commercial License
For crypto trading platforms, software development firms, and virtual asset brokers.
RAK DAO Freelance Permit
For solo professionals and remote workers offering blockchain consulting, development, or content creation.
Bank Account Opening for RAK DAO Businesses
Opening a business bank account is easier with a RAK DAO license. Several digital and traditional banks now support blockchain-linked activities under proper regulation.
Banking Support Includes
- Assistance with application
- KYC and UBO verification
- Multi-currency account options
Tax Benefits of Remote Company in RAK DAO
RAK DAO companies enjoy:
0% Corporate Tax (If Criteria Met)
Free zone companies with no mainland operations and qualifying income are exempt.
No Import/Export Tax
You can trade digital goods and services with no customs duties.
Full Repatriation of Capital & Profits
No restrictions on transferring money back to your home country.
Can I Run a Fully Remote Business in RAK DAO?
Yes. RAK DAO is structured to support remote-first businesses. From e-signatures to online license issuance, every process is optimized for digital entrepreneurs.
Benefits of Remote Setup
- No physical office required
- No UAE residency required (unless applying for visa)
- Operate globally from a UAE base
Conclusion
Setting up a remote company in RAK DAO is one of the smartest moves for today’s digital-first entrepreneurs. With clear regulations, fast licensing, and a complete virtual setup, RAK DAO is the perfect gateway to the UAE’s digital economy.
Incorpyfy is here to help you every step of the way. We’re a trusted business setup company in Dubai, UAE, committed to making your company formation in RAK DAO simple, fast, and hassle-free.
FAQs
Who can setup a company in RAK DAO?
Anyone over the age of 18 with a valid passport can start a RAK DAO company.
Is physical presence required to open a remote company in RAK DAO?
No. All steps can be done online.
Can I open a bank account with a RAK DAO license?
Yes. Several banks and fintech providers support RAK DAO business accounts.
What is the minimum investment required to start?
The license and setup can begin from as low as AED 11,500.
Can I apply for a UAE visa through RAK DAO?
Yes, if you choose a package with visa eligibility.
Is RAK DAO regulated for crypto companies?
Yes. It follows a framework aligned with UAE virtual asset regulations.
What kind of businesses can operate under RAK DAO?
Mainly digital, blockchain, and Web3 businesses.
How long does the registration process take?
With complete documents, setup can be done in 3–5 working days.
Can existing foreign companies open a branch in RAK DAO?
Yes, foreign companies can open a RAK DAO branch.
Why choose Incorpyfy for RAK DAO setup?
We provide full setup, compliance, licensing, and banking support with a team that understands the crypto ecosystem inside out.
