Below is a rundown of documents required for the IFZA Free Zone Company Formation in Dubai: Copy of your passport. Highly educated individuals such as Ph. IFZA offers various types of Free Zone Licenses: Commercial License: Businesses engaged in trading activities can apply for a commercial license which permits them to import, export, store and distribute goods. You can reach us at +971 4 4081900, via WhatsApp at +971 50 7775554, or through email at info@shuraa. Some of these advantages comprise. Our Portfolio of clients includes hundreds of firms operating in the financial field such as crypto companies, EMIs, Investment funds, Forex traders, Securities traders, etc. The cost of obtaining a cryptocurrency license in Kazakhstan depends on its type. Free zone authorities require minimum paperwork and duration. The licensing procedure takes up to 12 weeks and includes collecting all the necessary documents, registration, and opening a corporate account. Step 3: Apply for a Project Management License. Submit the required documents of the shareholders such as passport copies and photographs. com. Also, consider the cost of UAE health insurance, with minimum basic coverage costing about 800 AED, DLD fees of 4,020 AED, and. Main Fintech Licenses Crypto Licenses. Start conducting business immediately. Also, there is a Dubai Chamber of Commerce membership fee of AED 300 which is. By obtaining a license, ecommerce businesses can ensure that they are legally compliant and avoid any penalties or fines for operating without a license. International Free Zone Authority, also known as IFZA, is one of the most popular free trade zones in the United Arab Emirates. On March 9, 2022, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, the Prime Minister, and Vice President of UAE passed the first law to adopt and regulate. Specific license types exist for trading items like Computers, Automobiles, equipment, and building materials, with distinct business activity lists. Get tailor-made cost-effective solutions for your company formation in Dubai, only with Shuraa Business Setup. There may be additional fees for value-added services, such as virtual office facilities or additional visa quotas. The 100% foreign ownership, 100% profit repatriation. The phrase “initial crypto currency” is another name for Bitcoin. Step 2: Obtain the audit license and permits. For enquiry, call on +97144081900 or drop a WhatsApp message to +971507775554 or simply send an email at info@shuraa. Moreover, free zone authorities require minimum paperwork. Why don’t you setup Dubai Mainland license and a specific trading activity that is related to your. The cost of a Dubai trade License will vary depending on the kind of business and the License that is being sought. Professional licenses are granted to individuals and businesses that provide professional services based on their specific skills and educational qualifications. It is designed to facilitate the growth. The first step to get a consultancy license in Dubai is to choose your business activity. A 5-year IFZA free zone license cost can be around AED 62,500 – AED 85,300. Both these free zones are governed by the rules and regulations that are set by the Dubai Silicon Oasis Authority. FAQs About Cryptocurrency and Dubai’s Role. Steps to Set up a Crypto Business in Dubai. There are 12 types of crypto licenses available in this free zone. Generally, an Entry permit is issued in 15 days. Yes Astrolabs has subsidized license (5K I think), same as Dtec and in5 (but in5 the application takes months). You can make payments via bank transfer, cash, or online using a card. IFZA provides registration services for businesses, branches, and subsidiaries. You will be able to get from 1 up to 6 visas and carry out various service activities. LiquiditySplash New member. Usually, it would be more than AED50,000 (about $15,000) to qualify as an owner of a Dubai crypto exchange license. What is Cryptocurrency? 1. com. Audit waived. Contacts. Some of the rules are as follows:The streamlined IFZA Incorporation Process involves 5 steps: STEP 1: CONSULTATION & PROPOSAL to establish the type of license, business activities, visa package, and office solutions. These licenses will allow you to trade as either an auditor, accountant or tax consultant in the UAE. Business Setup in Dubai. As a result, we have expedited the complete process, allowing you to incorporate business in Dubai at a minimal cost. The first step in starting your restaurant business is to select your preferred jurisdiction. However, the average project management license in Dubai cost you around AED 15,000 to AED 25,000*. Company setup. Typically, the charge by a free zone for its cryptocurrency license in the UAE can be somewhere between €9,000 and €15,000 according to the type of service your company will be providing. The Department of Economic Development is a. A Business Trade License is a must-have document to operate legally in Dubai. 4. com. The cost of obtaining a crypto license in the UK, in particular the registration fee, depends on the annual revenue of the company applying for a license. The Department of Economic. It has established crypto asset activities regulations back in 2018. system that can enable anyone, anywhere, to send and receive payment. These include: Business Type: DMCC allows three types of crypto licenses: crypto trading, crypto asset management, and crypto asset custody. Young investors who possess a crypto license in Dubai can benefit from a variety of attractive. Here are the key steps to set up a business in a Dubai Free Zone. On the UAE mainland, the cost of applying for a technical services license ranges from AED 25,000 to AED 30,000. Aurion PROs are. The most advantageous aspect of obtaining a DED professional license is its provision for 100% ownership of your Dubai-based business. It is home to over 6400 companies, including over 120 Fortune Global 500 enterprises from across the world. The respective fees for the UAE business visa depend on the type of visa, the duration, as well as the emirate. Other papers you will require include: Delivery order from shipping agent or airline agent addressed to your free zone company. 1. Passport size photo. Step 2. The best part is that you can secure the cheapest license in the UAE when you choose IFZA. At the moment it offers a whole range of business activities related to crypto assets: Crypto exchange license; Crypto asset. Certifications and document clearance are determined depending on the type. Cost of Ecommerce License in Abu Dhabi. UAE Crypto License. You must visit our website online at Dubai business setup. It empowers you to engage in commercial activities and trade throughout the UAE. com. Obtaining a crypto license in Dubai, setting up a wallet, purchasing digital currencies, and then storing them safely are all steps associated with crypto banking. Contact our expert consultants to learn more about opening a Dubai free zone company or bank account in the UAE. The free zone is governed and developed by the Ajman Free Zone Authority (AFZA). Professionals need to carry a freelancer license in Dubai to successfully operate their services in the UAE. It also allocates your company under the legal governance of the Commercial Companies Act of the UAE. To get in touch with our consultants, call us on +97144081900. Trade License Fees in Dubai. 8. ) If you are a non-resident of the UAE. Apply for a Business License. Trading license; Trading license is almost the same as a general trading license. IFZA Free Zone Crypto License IFZA is one of the most competitive free zones for Dubai free zone company formation. As mentioned earlier, there are three free zones that permit you to open a restaurant. You can make payments via bank transfer, cash, or online using a card. 25-702, 14th floor, LT-09320 Vilnius, Lithuania. Crypto license in Dubai. To speak to our corporate legal advisors for free, simply give us a call +971 44081900 or send a WhatsApp message on +971 507775554. Therefore, the technical services license cost in Dubai, Sharjah, or Ajman would vary on the. Choose a suitable company structure – Sole proprietorship, Limited Liability Company (LLC), branch office of a foreign company. Our long-term vision is to create a. Set up your business in Abu Dhabi Global Market Company in 3 simple steps. You can contact us via email info@rizmona. Crypto. The IFZA free zone is a promising opportunity to get a crypto license quickly and profitably, without the need for share capital. The product is designed to assist businesses and startup owners in obtaining crypto licenses in two key zones in UAE - the DMCC free zone and. You will receive your trade license to start your business. 1. June 17, 2021 12:24 pm. Register the chosen trade name with Dubai’s Department of Economic Development ( DED ). 5B in Q1, and Tether set a record with $2. Prices for e-commerce licenses in Dubai start from 1070 AED (295 USD) for so-called E-trader license. Apply for a business license. com. Alternatively, you can launch a technical services firm in the UAE by establishing a free zone. General trading license cost in Dubai starts from AED 11,900. 5 Licensing Costs and Required Documents. Phone: +37066108308. The business consultants at the Shuraa Business Setup help you apply for a business license after analyzing your business activities. Through our partnership with IFZA, Shuraa can offer you the most economical and. Or check it out in the app stores Home; PopularThe IFZA is co-branded with the Dubai Silicon Oasis free zone. September 1, 2023 12:03 pm. With this license, you can pursue your profession in General Trading or any other ventures, importing, re-exporting, and trading goods and commodities. This situation. Cost of a professional license in Dubai, UAE. We will assist you in company registration, license cost, visa services. incentives and tax exemptions to foreign companies and individuals. In case you are not a resident, you need to consider other solutions, which start. 5. Zero Visa License Cost AED. Dubai weather. Minimum capital requirement: To start a gold business in Dubai free zone can require minimum cost AED 150,000 along with rent to gold park management. Seize the opportunities that Dubai has to offer and let Shuraa be your guide to a successful business venture in the. As a foreign national, you can only register your. Business card. STEP 3: Registering submitted documents for PROCESSING. UAE visit visa copy. IFZA IS THE MOST DYNAMIC FREE ZONE COMMUNITY IN THE UAE. Plan your business activities. From small and medium enterprises to multinational companies – all types of businesses need to be licensed to operate legally. Your capital resources and operational expenses must be well-documented and visible for up to the past 12. In addition, setting up a business in the UAE free zone is considerably easier. Awarded “Global Free Zone of the Year” seven years in a row now, it. It offers businesses first-class amenities and a great number of commercial infrastructures. Follow all compliance guidelines. To obtain an eCommerce License in Dubai, follow the below steps: Submit your application with completed UBO details and supporting documents. Our corporate advisors will help you fill out. Step 2 requires you to apply for an entry permit, also known as an employment visa. UAE Crypto License; Corporate Service; UAE Golden Visa; Our Blogs; Subscribe Now. Business visa in Abu Dhabi: Around AED 4,000 to AED 8,500*. In the UAE Mainland, investors with a commercial license can only own up to 49% of the shares, with the remaining 51% being owned by a local agent in the UAE Mainland. Steps to Decide Which License You Need. To obtain a project management services license in Dubai, mainland companies should apply through the Department of Economic Development (DED). The above-discussed procedure needs to be followed by an investor while starting a business in the. Foremost, free zones in Dubai are often industry specific, and thus, their costs also differ. Contact our corporate advisors to learn more about free zone company formation in Dubai. License cost in Creative City Free Zone from 14,000 AED. com. Hire us to launch a business in Dubai with no hassles or headaches. You’ll also have to factor in the cost of visas, office space, and other overheads. Setting up a new foodstuff trading firm in the UAE will require an investment of AED 15,000 to AED 25,000. Proof of address. In addition, you can register free zone companies within 3-4 days. Crypto trade license available at an attractive price Medical Insurance free for one year on a selected package; Cost of the License. Gofaizen & Sherle. PROFESSIONAL LICENSE For businesses providing professional consultancy and multiple types of services, for example technical, lifestyle and similar types of services. The promised results will simplify your business and make your dreams come true. Here are the key steps to set up a business in a Dubai Free Zone. Send a WhatsApp message for a chat query on +971507775554. IFZA Crypto License: The International Free Zone Authority (IFZA) is located in Fujairah which is the eastern part of the UAE and the farthest emirate from Dubai. Whom we have assisted with a full setup of their business. It is one of the best business freezones available to national and international businesses due to its cost-effectiveness, efficiency, and ease of doing business and performing operations. UTCYou can start a crypto trading business in Dubai, UAE with a cryptocurrency license. com. Generally, the cost of a freelance license ranges from AED 12,000 to AED 17,000 per year. Call us at +97144081900 or send a WhatsApp message on +971507775554. Exciting times in the world. Our expert business setup consultants will guide you through the entire process from registering your business, regulatory requirements, understanding DMCC free zone license cost, all the way up to the process of obtaining approvals from the necessary authorities. Issuance of Regulator’s financial services license. Initial approval process for pharmacy license. One of the newest and most well-liked free zones in Dubai is the International Free Zone Authority (IFZA), and at GBO, we specialize in assisting businesses in doing so. It offers a vast choice of low-cost company setup packages, making it one of the. . This Free zone facilitates quick registration of company and issuance of licenses in 2 working days. Furthermore, the trade license renewal cost in Dubai depends on the jurisdiction and economic zone. IFZA has recently signed an agreement with DSO, which is an industry-specific free zone targeting IT companies, allowing the entrepreneurs with an IFZA license to operate from the DSO free zone. Also, there are more than the value of $ 24. You will need to obtain an audit business license from the Department of Economic Development (DED) and a professional services license from the Ministry of Economy (MoE). It’s essential to remember that the crypto regulatory authority will provide a cryptocurrency license form once a complete business plan for a cryptocurrency license in Dubai has been submitted. Entrepreneurs can effectively set up a company in IFZA at a cost of AED 43,470 for a 3 Year business License. Corporate Structure: You can apply as a new or existing DMCC member company looking to expand into crypto-related activities. You can make payments via bank transfer, cash, or online using a card. Select a partner or local sponsor. This includes professional licenses, commercial licenses and branch registration along with the flexibility to combine professional and commercial activities on one license. Shuraa provides competent advice in free zone company formation across the seven emirates. License for operating activity: FIU000407. As per the crypto experts, the digital asset ecosystem contributes around 4. Freelancing services. Although the final crypto license cost in Dubai will depend on the jurisdiction, it can roughly be anywhere around 21,500. The cost of a real estate brokerage license for an LLC is approximately AED 12,950. Make sure to read the guidelines for naming a company in Dubai. Commerzbank AG has received a crypto custody license, providing more evidence that European banks are growing warmer toward the asset class. The European Crypto License allows you to work legally in the EU, makes crypto-business transparent, and increases the trust of customers, partners, and state regulators. The process is very difficult and 99/100 isn't an viable option. Once registered, businesses can avail of different services, such as UAE residence visa applications for business shareholders and employees, bank account opening facilities and post-registration. com General Manager Name: General Manager Signature: LICENSE APPLICATION FORM (INDIVIDUAL) Add Company Members (Individual) NOTE Unique Identification Number. You can pick one depending on which available activities are the most suitable for your business. Creating a company in IFZA offers a host of advantages that make this zone especially appealing to entrepreneurs. With a rapidly-growing community of over 550 crypto firms, the DMCC Crypto Centre is the largest ecosystem of. No rent contract required for the first year. The Dubai Multi Commodities Centre (DMCC) free zone recently launched a dedicated crypto centre. RERA charges AED 5,020 per activity. com LICENSE APPLICATION FORM (CORPORATE) Add Company Members (Corporate) Corporate 2 Representative’s Information NOTE Unique Identification Number (UID Number) is requiredLocated in Jumeirah Lake Towers (JLT) and established in 2002, Dubai Multi Commodities Centre (DMCC) is the ideal free zone for commodities trading, financial services and a large number of specialist industries ranging from agro to energy to diamonds, gold and base metals. 5. A trade license cost in Dubai will be anywhere between AED 15,000 to AED 50,000 (approx. Pick a suitable office for your. IFZA has grown increasingly popular becoming one of the leading company registration hubs in the UAE. IFZA has become a popular general-purpose free zone for company registration in Dubai. Setting up a company in International Free Zone Authority saves you the cost of capital requirements and annual audits. Cryptocurrency tax in Bulgaria must be paid by all persons receiving income from crypto active transactions. Moreover, free zone authorities require minimum paperwork to set up. Recognizing Requirements. 3. Initially, the focus was on trade, services, and industry but later IFZA expanded its offerings through. For the crypto companies to secure the crypto license: There must be enough capital to operate the business for at least 6 months successfully. Your capital resources and operational assets need to be disclosed and visible for more than 6 months, at the bare. Memorandum of Association. Cost of IFZA Free Zone License in 2023. Primary RAK free zones for business setup include:To become an importer, you need to have a valid UAE trade license and register with the Customs Department. Business formation. Ras Al Khaimah Economic Zone (RAKEZ) is a globally renowned industrial hub known for its cost-effective business license packages combined with other incentives. Branch registration: foreign incorporated companies are allowed to register a branch at IFZA Dubai. Pay the necessary fees. For example, to obtain an "Operating a Digital Asset Trading Facility" license, you need to pay a state fee of $70,000 (can be reduced to $7,000) upon application and then pay an annual renewal fee of $35,000 (can be reduced to $3,500). com. Company formation in IFZA offers scalable business solutions, excellent infrastructure, and a straightforward business setup process. The above additional requirements are not included in our below price, however we can assist and provide, upon request. Selecting the preferred jurisdiction. Flexi Desk is a shared workstation with 10 hours of access per week, an IFZA address, and one hour of complimentary meeting room use per month. Once your business is set up, you have to register it with Dubai Municipality. Assistance will be provided regarding everything you must know, helping you with the business license costs in Dubai Design District, to completing the documentation procedure for you. LICENSE TYPE VISAS INCLUDED TOTAL COST ; Trading / Services license + Flexi desk : 1 visa : AED 23,119 $6,350: download breakdown: Trading / Services license + Flexi desk : 2 visas : AED 30,003 $8,250: download breakdown: Trading / Services license + Flexi desk : 3 visas : AED 36,887 $10,150: download breakdown: Trading / Services license. Office Phone : +971-50-875-5725. In UAE, depending on the market capitalization, traceability price volatility, etc. com or +971 4 221 2602. Is not something from the future anymore and UAE is making steps to be the frontliners of future economic development including the crypto licensing. UAE Crypto License Get Start Now UAE Crypto License Increasing demand for diversified strategies to grow wealth has led to the popularity of Cryptocurrencies worldwide. License for operating activity: FIU000407. Contact us today at +971 4 4081900. We will assist you to Set up your new IFZA company formation Dubai has specialised in providing the best dedicated free zones out of all the Emirates in UAE. After receiving all associated papers, we will issue legal permits in around five working days, confirming business formation with IFZA. Types of Licenses Offered by IFZA Dubai. In Gofaizen & Sherle Client needs are being put first. While estimates indicate an average cost ranging from $3,000 to $10,000 USD, the actual cost may differ depending on your specific company circumstances. 25-702, 14th floor, LT-09320 Vilnius, Lithuania. For more information visit our website:. The crypto-currency market is evolving, as the volume of dealings in popular crypto`s is only growing. Commercial, industrial, and professional Licenses are the three main types of trade licenses in Dubai. The UAE government has set pre-defined conditions for Dubai golden visa application eligibility. If the Client does not renew the Company’s license before expiry, S Z G Corporate Services LLC reserves the right to close the Company or otherwise seek the cessation of its operations. IFZA (International Free Zone Authority) is an international financial center and free zone in Dubai, UAE. The standard commercial license cost is anywhere between AED 10,000-AED 12,000. In addition, setting up a business in the UAE free zone is considerably easier. Creating a company in IFZA offers a host of advantages that make this zone especially appealing to entrepreneurs. A Cryptocurrency exchange license in Dubai. Also known as the Ras Al Khaimah. Although the crypto license cost in Dubai will vary depending on the applicable laws, it can generally range between 21,500 and 35,000 AED and may increase depending on the activity. There are 8 simple steps to get the general trading license for your business in Dubai, UAE –. The cost of starting a company in IFZA Dubai starts from AED 13,900 for a Zero Visa Quota. When you collaborate with us, you can say goodbye to all your business set up worries. The cost of starting a used car business in the UAE can vary significantly depending on various factors, including the location, scale of operations, business model, and specific market conditions. However, there are a lot of contributing factors that may collectively. To get in touch with our consultants, call us on. Where to Get the Cryptocurrency License in Dubai. You will receive your license in about 1-2 weeks. Additional Requirements. Crypto Trading License with 1 Residency Visa Company Registration Articles of Association (AOA) Company Licence 1 Company Stamp Establishment Card Special. The standard fee for trade license renewal in Dubai is anywhere between AED 8,000 to AED 15,000. Benefits of a Cryptocurrency Business in Dubai. The cost of a license for one type of activity is 14,500 USD. Obtain a UAE-controlled crypto license to operate a cryptocurrency exchange, fulfilling all the local regulator or SCA requirements when registering on the mainland. Crypto is one of the buzzwords today. License for operating activity: FIU000407. 01. They offer a strong regulatory framework that is geared toward expanding cryptocurrency use in the region. These prices, however, vary based on the type of company such as FZE or branch office. Licenses cost 15,000 AED for. Dubai. Assistance with obtaining licenses. Setting up your company in this jurisdiction requires obtaining the relevant approvals, one of which is the RAK free zone. Compliance regulations and regular reporting: After receiving a license you should strictly follow every regulation and law that regulates cryptocurrency activity in the UAE. Also, to get an industrial license in Ras Al Khaimah, companies will also have to mandatorily lease a warehouse. Contact our corporate advisors to learn more about free zone company formation in Dubai. With this license, companies are allowed to conduct transactions in Canadian dollars or foreign currency, both within Canada and in other countries. The cost of opening a company in a Dubai free zone is dependent on several variables. . Dubai Multi Commodities Centre (DMCC) is the largest and fastest-growing free trade zone in the United Arab Emirates, with over 15,000 registered businesses. Phone: +37066108308. *Please note these costs are just an estimate, the actual cost of obtaining a project license may vary. Each one is geared to specific business activities, as well as several that cater for more general forms of business, such as IFZA (International Free Zone Authority. It will be hard for you to open a bank account if it’s general trading plus IFZA license. 19 hours ago · Growth for the three-month period ended September 30, 2023 over the same period in 2022 achieved with B2B sales strategy and investment in sales & marketing. The business owner must submit an application for a Virtual Company License in order to launch a virtual enterprise. Conduct Extensive Market Research. Accept Crypto payment from your players, mainly USDT stable coin. This is a promising direction for entrepreneurs to engage in cryptocurrency activities. The Cost of Crypto License in Dubai. 2. In addition to the process of closing and re-registering your company, you also have to consider the time required to change your bank accounts, cancelling and applying for new visas for your employees, or possibly changing your office location. Business Setup. For instance, the people qualified to receive the UAE golden visa are: Investors, business owners and entrepreneurs. It will cost approximately 34,700 AED together with the license (excluding the 7,000 AED FZCO-only registration fee). Government Fees Description/ License Category. Many global VA companies have already chosen Dubai and the DWTC Free Zone as their base of operations, including Binance, OKX, Komainu, GCEX, Hex Trust, and Crypto. Getting a crypto license in El Salvador includes an initial registration state fee of $5,475 and a renewal state fee of $3,650 per year. For email assistance, you can write to us at info@shuraa. If you’re looking for a workplace where teamwork is at. You can get the. Business News. In addition, you can register free zone companies within 3-4 days. However, you need to have a legal license to start your business in the UAE, be it a free trade zone or the mainland. £2,000 – for businesses with UK cryptoasset income up to £250,000. UAE has taken a step forward in legalizing cryptocurrencies and NFTs in UAE after the announcement of issuing crypto licenses. com. Setting up a business in a free zone is relatively easier. Call our business setup consultants at +971 4 4081900 right away to learn how they can help you realize your full company potential. 3. This will assist you in determining the kind of trade license you require and the appropriate authorities to contact. the core of everything we do, IFZA is the place for you. The process for applying for this license is relatively straightforward and can be done online. Passport size photo. You will be able to do business in Dubai with a crypto license. Here’s the import-export license cost in Dubai for a few Emirates in the UAE: Dubai: The cost of Import Export License in Dubai will be around AED 24,000 onwards. A work around can be getting a branch license and. Dubai Mainland is an economic zone monitored by the Department of Economic Development (DED). JAFZA issues various kinds of licenses including trading license, service license, industrial license and even e-commerce. Figure out what. Receive your trade license and commence operations! What is IFZA Fee Zone License Cost? The IFZA license cost depends on the type of activities you are engaging in, as well as your chosen package. Last, you have to submit the documents required for the process. “It is an incredible honour to be the one of the first crypto. For email assistance, you can write to us at info@shuraa. Our secure trading channels include a web app, encrypted voice and text channels and an industry. Located in the iconic Almas Tower, the DMCC Crypto Centre is a leading hub for crypto businesses – fostering growth, collaboration and integrity across the global crypto, Web3 and blockchain economy. Generally, the cost of a trade license in Dubai ranges from AED 12,000 to AED 30,000. STEP 2: Submission of DOCUMENTATION, including the License Application Form. Cost of crypto license in UAE : 1. – Beauty salons. Cost of Dubai commercial license. Commercial. Our corporate advisors will help you fill out your application form, get your Memorandum of Association, Company Incorporation Certificate and other important documents and submit it to the concerned government authorities. The publicly traded company joins crypto-native firms HashKey Exchange and OSL Digital Securities with a license. You need to fill in the application form, compile all the required documents, and submit it all. However, you can acquire e-commerce license in UAE free zones seamlessly and in the most pocket-friendly manner as it is one of the low-cost licenses available in the emirates. The product offers different types of licenses, including buying or selling crypto commodities, providing services based on blockchain as a technology, creating a metaverse service. All this comes at 100% ownership, 100%. The IFZA free zone is a cheaper and faster way to obtain the license, with no need to deposit share capital or prove previous experience in crypto and finance. – Computer graphic design services. The IFZA free zone is a cheaper and faster way to obtain the license, with no need to deposit share capital or prove previous experience in crypto and finance. A flexi desk is always situated at the premises of the free zone where the business is being registered. However, starting from January 1, 2023, new regulations were introduced, mandating crypto-related companies to register with the National Bank. However, the price may vary depending upon the free zone you opt for. com. 2 IFZA Licensing. What is an NFT in Crypto (Non-fungible token)? If you’ve been following crypto or spend any time on social media, you will have likely come across NFTs. For instance, you can have up to 3 activities under 1 license in IFZA free zone. Phone: +3726028423 +37080000484. Hereinafter, you can also apply for your visa. Guide to Obtaining a Trade License in Ajman. We’re committed to creating an. License Application It is important to have all your documents in order when starting your business in Dubai. Issuance of Business License. The above additional requirements are not included in our below price, however we can assist and provide, upon request. Prepare Licence Application. Kickstart your journey to Dubai today, with Shuraa Business Setup. m. The value of crypto currency in one country is the same as the value of crypto currency in another country. The project management license cost in Dubai varies based on the business structure and activities. Selecting a legitimate and unique trade name for your company is crucial to begin obtaining a limousine license in Dubai. UAE’s International Free Zone Authority (IFZA) is rapidly gaining attention as a prominent hub for crypto and blockchain businesses. However, the approximate cost of opening a real estate company in Dubai starts from AED 21,000. Once you have a RERA training certificate in hand, you can start the application process for an estate brokerage license. com. Starting a medical equipment trading company in Dubai requires you to apply for a commercial license and register your business in Dubai mainland. The normal licenses issued are Consulting License, Service License, Investment License, Commercial Trading License, General Trading License and Industrial License. Acquiring a crypto license should not be a hassle if you meet all the necessary requirements. It offers a plethora of benefits for company formation including tax exemptions, hassle-free resource availability, and much more. Your spouse or members of your family may be sponsored. Author. com also announced Dubai as its regional hub for the Middle East and Africa in March 2022.