CRYPTO LICENSE DUBAI
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CRYPTO LICENSE IN DUBAI
WiththeadventofWeb3,cryptocurrencyhasbecome thetalkofthetown.Theunderlyingblockchain technologyisbeingtoutedasapotentialgamechangerformanyindustries.Foracitythat’salways beenaheadofthecurve,itisnosurprisethatDubaiis lookingtodiveintocryptocurrencyandhasalready takentherequiredmeasures.Soifyouwanttoobtaina cryptolicenseinDubai,thetimeisnow!
Since2001
What Do You Need to Know Before Starting a Crypto Business? TheVirtualAssetsRegulatoryAuthority(VARA),setupundertheDubaiWorld TradeCentre(DWTC),monitorsandregulatesallcrypto-relatedventures.These includerepresentativeoffices,dataminingcompanies,andconsultancies. IfyouwishtosetupacryptocurrencyExchangebusiness,yourcompanymust have5yearsoflegalpresenceinthecryptocurrencydomaininsomeother company. ConsiderthefollowinginformationbeforeyoulaunchyourcryptobusinessinDubai
What Are the Eligibility Criteria for a Crypto License? Ensureyourcapitalresourcesandallotheroperatingcostsarereadilyapparent foraminimumofsixtotwelvemonths. Youmusthaveaperfectlycleanrecord. Includecopiesofeachofyourcompanypartners’currentpassports. TheFreezonewillissueyouacryptocurrencylicenseformafteryousubmityour businessplanforthesame.However,beforeyoudothat,ensureyoumeetthe followingeligibilitycriteriaorrequirements–
What Are the Benefits of Obtaining a Crypto License?
Acryptolicensewillbringmanysignificantbenefitstoyou.Someofthemare–
FortaxresidentsofDubai,thereisnopersonalincometaxonearningsfrom cryptocurrency.Capitalgains,companyincome,andpayareallsubjecttozero percenttaxationwhetheryouactivelytradeorhold.
Itsignificantlyreducesyourcompany’stransactionalcostsduetotheabsenceof gatewaysandservicecharges. Cryptocurrencytradingoffershighencryption,thusensuringthesafetyofthe transactions.
OUR STORY SHURAA
Shuraa Business Setup was founded by Mr. Saeed Khalifa Mohammed Al Fuquei in the year 2001. The organization was initiated with an agenda to help individuals start a business in Dubai or any other emirates. For the past 20 years, we have registered over 35,000 companies in the UAE. Shuraa Business Setup helps with crucial paperwork and other governmental permissions which is important while setting up a business in Dubai. We share years of acquaintance with the government officials and regulatory authorities, that makes business setup easier.
+91-8010990022 SHURAA DELHI BRANCH 20 22 WITH US ! CALL NOW Contacts JOIN US, MAKE YOUR BUSINESS BETTER www.shuraa.in info@shuraa.in