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Dubai Crypto License: A Complete Guide for 2025

Dubai is rapidly emerging as a leading destination for obtaining a crypto license in Dubai. The city offers a favorable regulatory framework, robust infrastructure, and a supportive economic environment, making it an attractive hub for cryptocurrency businesses. To successfully obtain a crypto license in Dubai, it is essential to understand the specific regulations and requirements of each jurisdiction. Depending on the chosen economic zone—such as DMCC, IFZA, ADGM, DWTC, or DAFZA—the conditions for acquiring a crypto license may vary. However, all companies must meet general requirements, including authorized capital, compliance with KYC and AML policies, and submission of certified documents.

Dubai provides exciting opportunities for crypto entrepreneurs to issue digital currencies, manage crypto assets, and operate exchanges or brokerage services under the supervision of the Virtual Asset Regulation Authority (VARA). With well-established business zones like DMCC, DIFC, and others, the UAE offers a prime location for establishing a successful digital asset business. Obtaining a crypto license in Dubai is the first step to accessing one of the world’s most dynamic digital asset markets.

Please note that in most cases, you must register with the Virtual Asset Regulation Authority (VARA) to operate a licensed cryptocurrency company in Dubai. VARA introduced its Virtual Assets and Related Activities Regulations, which came into effect on February 7, 2023. These regulations apply to all virtual asset service providers.

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Introduction

Dubai has emerged as a global hub for cutting-edge financial technology (FinTech), offering a business-friendly environment that supports crypto entrepreneurs and established firms alike. Securing a crypto license in Dubai is a strategic move for anyone looking to operate legally within the digital asset space. With robust regulatory frameworks from authorities like the Virtual Asset Regulation Authority (VARA), Dubai ensures transparency, investor protection, and the long-term sustainability of cryptocurrency operations. In this comprehensive guide, we’ll walk you through the advantages, types of licenses, requirements, and the step-by-step process of obtaining your cryptocurrency license in Dubai.

Benefits of Obtaining a Crypto License in Dubai

  • Tax Benefits: Dubai provides a highly favorable tax environment for cryptocurrency companies. With 0% corporate tax and 0% tax on dividends, businesses can enjoy greater profitability. The UAE also has over 123 double tax treaties with other jurisdictions, which helps reduce the overall tax burden.
  • Full Foreign Ownership: Entrepreneurs can have 100% ownership of their business without the need for a local partner. This allows you complete control over your enterprise and operational decisions.
  • Fast-Growing Crypto Market: Dubai’s government supports the fintech ecosystem, actively encouraging growth in blockchain and digital assets. The Virtual Assets Regulatory Authority (VARA) is at the forefront of creating a secure regulatory framework, ensuring both stability and innovation.
  • No Currency Restrictions: The UAE does not impose restrictions on currency exchange or repatriation of profits, providing you with the freedom to manage your capital.
  • Supportive Infrastructure: The UAE has a stable economy, a business-friendly environment, and world-class financial infrastructure, which makes it an ideal location for blockchain and crypto businesses.

Types of Crypto Licenses Available

  • Dubai Multi Commodities Centre (DMCC) License: DMCC is one of the most popular free zones for crypto companies. This license allows you to engage in trading digital currencies, developing blockchain-based applications, and providing asset management services.
  • IFZA License: The International Free Zone Authority (IFZA) offers licenses that enable entrepreneurs to engage in crypto transactions, exchange services, and asset storage. IFZA’s flexible policies make it an appealing option for small to medium-sized crypto businesses.
  • DAFZA License: Dubai Airport Free Zone Authority (DAFZA) allows businesses to trade cryptocurrencies and provide related services. This license is regulated by the Securities and Commodities Authority (SCA).
  • ADGM License: Abu Dhabi Global Market (ADGM) offers comprehensive regulatory frameworks for crypto businesses, allowing activities such as exchange services, asset management, and custody.
  • DWTC License: Dubai World Trade Centre (DWTC) also offers licenses for distributed ledger technology services and crypto trading under the supervision of VARA.

Requirements for a Crypto License

To obtain a crypto license in Dubai, companies must fulfill the following requirements:

  • Authorized Capital: Minimum authorized capital of approximately $13,600.
  • Business Plan: A detailed business plan outlining the goals and scope of your cryptocurrency business.
  • Compliance: Adherence to Anti-Money Laundering (AML) and Know Your Customer (KYC) policies to ensure customer data safety.
  • Document Submission: Certified copies of all founders’ documents, including passports and proof of identity, must be provided.
  • Corporate Bank Account: Open a bank account and deposit the minimum authorized capital required.

Steps to Obtain a Crypto License In Dubai

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Steps to Obtain a Crypto License in Dubai

Talk with our founder Mardo Soo
steps_image_crypto

Steps to Obtain a Crypto License in Dubai

Talk with our founder Mardo Soo
Register a Legal Entity and Choose a Company Name (1-2 Weeks)

Company Formation:

  • Work with local specialists to register a limited liability company (LLC) or equivalent structure.

Name Selection:

  • Ensure your chosen business name complies with UAE naming conventions and is unique.
Select the Right Jurisdiction

Free Zone vs. Mainland:

  • Decide whether to establish your entity in a free zone (e.g., DMCC, ADGM) or mainland Dubai.

Evaluate Licensing Requirements:

  • Each jurisdiction has its own criteria, so consult with experts to pick the most suitable zone for your crypto activities.
Open a Corporate Bank Account

Minimum Capital Deposit:

  • Transfer the required share capital into your corporate account to meet the licensing mandate.

Banking Due Diligence:

  • Provide necessary KYC documents, business plans, and compliance details to the bank.
Compile and Submit Required Documents

Founders’ Documents:

  • Certified passports, proof of address, etc.

Financial & Business Plan:

  • Outline your revenue model, operational budget, and market analysis.

AML/CFT Manuals:

  • Prepare policies that adhere to both local and international compliance standards.
Obtain the Crypto License

Regulatory Approval:

  • Authorities like the SCA or VARA will review your application.

Final Steps:

  • ay licensing fees, finalize any additional permits or NOCs (No Objection Certificates), and await the official license issuance.
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Looking to obtain a crypto license in Dubai? Our expert team has supported clients from over 20 countries in securing licenses and ensuring compliance with Dubai’s robust regulations. Get a free consultation today and explore the fastest way to establish your crypto business in Dubai!

Taxation for Crypto Companies

Dubai offers 0% corporate tax for cryptocurrency businesses, making it one of the most tax-friendly jurisdictions globally. Additionally, the absence of tax on individual income from international activities and on dividends means you can retain a significant portion of your earnings. Value-added tax (VAT) is set at a low rate of 5%, applicable only on standard transactions.

Regulatory Authorities and Compliance

The regulatory framework for crypto businesses in Dubai is managed by several authorities, including:

  • Virtual Assets Regulatory Authority (VARA): VARA supervises all crypto-related businesses in Dubai, ensuring compliance with local and international standards.
  • Securities and Commodities Authority (SCA): SCA oversees crypto licensing for entities operating under DAFZA and provides regulatory guidance.
  • Financial Services Regulatory Authority (FSRA): FSRA governs activities in the ADGM zone, offering comprehensive rules for crypto companies.

Frequently Asked Questions

Typically, the process takes between 4 to 12 weeks, depending on the regulatory body and the completion of required documentation.

Yes, to legally trade cryptocurrencies, you need to obtain a license from the relevant regulatory authorities.

No corporate or income tax is levied on crypto transactions. However, standard transactions may be subject to a 5% VAT.

The cost of a crypto license can range from €6,000 to €25,150 or more, depending on the jurisdiction and nature of the business.

Conclusion

Dubai is positioning itself as a global leader in the crypto and blockchain industry. By providing a favorable tax regime, 100% foreign ownership, supportive infrastructure, and a growing fintech ecosystem, Dubai offers an ideal environment for cryptocurrency businesses to thrive. With several types of licenses available, entrepreneurs have the flexibility to choose a setup that best aligns with their business needs. If you’re ready to start your crypto journey, obtaining a Dubai crypto license is the first step toward accessing one of the world’s most exciting digital asset markets.