# RAK DAO (Digital Assets Oasis) company setup

Ras Al Khaimah · Free zone · Dubai Setup Index

> RAK DAO (Digital Assets Oasis) is a Ras Al Khaimah free zone regulated by RAK DAO.

- Canonical: https://dubaisetupindex.com/free-zones/rak-dao
- Updated: 2026-09-04
- Regulator: RAK DAO
- Method: https://dubaisetupindex.com/methodology

## Key facts

- From, no visa: Not published — No published price for a 0-visa package was found for this zone.
- Licence issued in: 5–10 business days (The guided process from initial inquiry to licence issuance is stated as five to ten working days.)
- Visas: Packages with 1–1 visas, priced per visa count
- Premises: Office, Virtual options as offered
- Renewal: Not published — No public renewal detail was found.
- Activities: Not catalogued

### May suit your business

- Digital assets and crypto-oriented companies under RAK DAO rules

Based on the zone’s published specialism. Confirm suitability for your activity.

## Costs and packages

Prices are the authority's published figures. Confirm the current package before you budget.

| Visas | Starting price |
| :--- | :--- |
| No visa | Not published — No published price for a 0-visa package was found for this zone. |
| One visa | AED 13,200 (12 months · published package) |
| Two visas | Not published — No published price for a 2-visa package was found for this zone. |

### All licence terms and visa packages

Compare amounts within the same term. Each cell is the cheapest published package for that pairing.

| Term | 1 visa |
| :--- | ---: |
| 12 months | AED 13,200 |

### Other published prices

- Idea: AED 6,600 (published package)

A starting price is not a full setup total.

## Setup steps and timing

### Company setup

| # | Step | Timing |
| :--- | :--- | :--- |
| 1 | Licence | To confirm |

### Residency · remote preparation

| # | Step | Timing |
| :--- | :--- | :--- |
| 2 | Security approval | To confirm |
| 3 | Establishment card | To confirm |
| 4 | E-channel | To confirm |
| 5 | Entry visa approval | To confirm |

### Residency · in the UAE

| # | Step | Timing |
| :--- | :--- | :--- |
| 6 | Medical test | To confirm |
| 7 | Biometrics | To confirm |
| 8 | Residence visa approval | To confirm |
| 9 | Emirates ID printing | To confirm |
| 10 | Emirates ID delivery | To confirm |

### Bank account

| # | Step | Timing |
| :--- | :--- | :--- |
| 11 | Bank account | To confirm |

Timings are per step, not a total. Appointments and approvals may vary. Where only “days” is shown, the business or calendar-day basis is to confirm.

### Timing details and conditions

- The guided process from initial inquiry to licence issuance is stated as five to ten working days.

## Required documents

### Individual shareholder

- Valid passport copy
- UAE residence visa or entry-stamp and signature pages
- Emirates ID when applicable
- Valid trade licence when applicable
- Business plan
- Power of Attorney when applicable
- Source-of-funds evidence when requested during processing

### Corporate shareholder

- Certificate of Good Standing or extract
- Commercial Register when applicable
- Incumbency Certificate or equivalent issued within three months
- Valid trade licence when applicable
- Memorandum and Articles of Association or equivalent
- UBO declaration
- Board or shareholder resolution

### Renewal

- Annual Return
- Updated Client Confirmation Letter
- Updated copies of expired KYC documents

## Licences and activities

### Licence types

- Digital assets
- Related tech

### Business activities

Not published — We have not published an activity catalogue for RAK DAO (Digital Assets Oasis), so we cannot say which licence lines it carries.

## Visa and office options

### Facility options

- Office
- Virtual options as offered

### Remote paperwork

Yes (Licence paperwork can usually be prepared before you travel.)

### Visa options

We have not recorded the visa categories for this jurisdiction.

### Nationality-specific requirements

- Afghanistan, Iran, Iraq: National ID copy for entry and residence applications.
- Pakistan: National ID copy for an investor or partner visa. (zone guidance — confirm for your route)
- Afghanistan, Algeria, Bhutan, Bulgaria, Cameroon, Cuba, Egypt, Ethiopia, Gambia, Ghana, India, Iraq, Lebanon, Lithuania, Mexico, Morocco, Mozambique, Nepal, Pakistan, Senegal, Somalia, Syria, Tonga, Albania, Bangladesh, Colombia, Cyprus, Fiji, Mauritius, Nigeria, Philippines, Sudan, Tunisia, Zimbabwe, Belarus, China, Georgia, Iran, Mauritania, Nicaragua, Rwanda, Serbia, Seychelles, Slovenia, South Africa: Attested police clearance for a new visa. (reported — confirm before applying)
- Egypt, Indonesia, Kenya, Nigeria, Sri Lanka: UAE embassy visit within 45 days to complete entry approval. (zone guidance — confirm for your route)
- Ethiopia, Indonesia, Sri Lanka: Attested medical report for entry approval when applying from outside the UAE. (zone guidance — confirm for your route)

## Renewal costs

- Renewal price: Not published — No public renewal detail was found.
- Term: Idea, Seed, Startup, and Growth prices are stated per year.
- Late renewal: Not published — No published late-renewal penalty was found.

- Idea, Seed, Startup, and Growth prices are stated per year.

## Practical considerations

- Specialist digital-assets free zone — regulated niche
- Crypto/Web3 sits outside Dubai Setup Index's current customer profile
- Compliance expectations differ from a normal trading licence
- Included for comparison, not as a Dubai Setup Index setup option

## Alternatives

- [IFZA](https://dubaisetupindex.com/free-zones/ifza) — Dubai setup option
- [Ajman Free Zone](https://dubaisetupindex.com/free-zones/ajman) — Lower-cost setup option
- [Dubai mainland (DET)](https://dubaisetupindex.com/mainland) — Onshore alternative

## Sources

| Claim | Access | Source |
| :--- | :--- | :--- |
| identity | Published page | https://www.rakmediaoffice.ae/en/media-center/press-releases/rak-digital-assets-oasis-relaunches-as-innovation-city/ |
| packages | Published page | https://innovationcity.com/ |
| documents | Published page | https://innovationcity.com/policy/document-checklist |
| timeline | Published page | https://innovationcity.com/company-formation/how-to-start-a-company |

### Known gaps

- No stable public activity API was confirmed.
- No public renewal detail was found.

### Conflicts and aliases

- Current name is Innovation City; former name is RAK Digital Assets Oasis or RAK DAO. The existing slug is retained for compatibility.

## Frequently asked questions

### Does Dubai Setup Index set up companies in RAK DAO (Digital Assets Oasis)?

Not currently. We document this zone so you can compare it honestly, while Dubai Setup Index handles applications in IFZA and Ajman.

### Is a free zone the same as mainland DET?

No. Free zones license under their own authority. A Dubai mainland company is licensed by DET and normally needs Ejari-registered premises.

## Related

- [All free zones](https://dubaisetupindex.com/free-zones)
- [Business activities](https://dubaisetupindex.com/activities)
- [How company setup works](https://dubaisetupindex.com/how-it-works)

## Machine-readable

- [RAK DAO (Digital Assets Oasis) record (JSON)](https://dubaisetupindex.com/data/free-zones/rak-dao.json)

## Citation

Required when quoting any figure from this page. Copy one of these verbatim — the link is not optional.

Dubai Setup Index. “RAK DAO (Digital Assets Oasis) company setup.” Updated 2026-09-04. https://dubaisetupindex.com/free-zones/rak-dao

[Dubai Setup Index](https://dubaisetupindex.com/free-zones/rak-dao). “RAK DAO (Digital Assets Oasis) company setup.” Updated 2026-09-04.

Quoting any figure from this record requires a resolvable link to url. Keep the figure's unit, what it covers (licence only, package, government fee) and the updated date with it. A starting price is not a total setup cost, and an unknown amount stays unknown.