RAK (UAE) DLT
| Feature/Category | Blockchain Development/ DLT Services and Software Licenses |
| Type of company required to be eligible | Limited Liability Company |
| Corporate taxation | 0% |
| Minimum paid-up statutory capital | 0 |
| Main requirements | Minimum 1 director, Minimum 1 Shareholder, At least 2 managers, Local physical office (if local bank account is required Flexi – office – (without bank account) |
| VISA | Local Visas are required for all members of the company. Each company requires from 1 to 6 visa eligibility. Costs are extra |
A complete application is normally decided upon RAK DAO approval 2 weeks from the date of filing.
GFSC GLOBAL can offer as well the following services in relation to the license application, which include:
1)Opening of operational and clients bank accounts (worldwide)
2) Preparation of manuals and Policies
3) Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), other required qualified personnel)
4) Provide outsourced services, such as External Audit, Legal Services
5) Provide outsourced Risk Management services
6) Assistance with Trademark & Brand Name registration worldwide
7) Provide in-house trainings/seminars
8) Provide Legal Opinions
9) Provide DPO & GDPR Advisory services
Our professional fees for the above-mentioned services depend on the combination of services chosen and are available upon request.
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