Crypto license ifza. Benefits of a Cryptocurrency Business in Dubai. Crypto license ifza

 
 Benefits of a Cryptocurrency Business in DubaiCrypto license ifza  holders

License Application It is important to have all your documents in order when starting your business in Dubai. This makes it difficult to select your niche business to overcome these challenges, seek guidance from our experts. However, the price may vary depending upon the free zone you opt for. Cost of Dubai business visa: Approximately AED 3,500 to AED 5,500*. Prior to January 1, 2023, crypto activities in Georgia were unregulated, allowing anyone to engage in exchanges, storage, or initial offerings without a license. A 3-year IFZA business license package can cost you around AED 43,700 – AED 65,000. With this license, you can pursue your profession in General Trading or any other ventures, importing, re-exporting, and trading goods and commodities. At the moment it offers a whole range of business activities related to crypto assets: Crypto exchange license; Crypto. Book a free consultation with our free zone experts today and get added benefits like free tax and VAT consultancy, added discount on long-term. IFZA Dubai offers license options and business activities that are designed to effectively serve a wide range of requirements, whether you're a small local venture or a large international. Slovakia. 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. 1. You can make payments via bank transfer, cash, or online using a card. Not only that, you also get the opportunity to obtain 1 free investor visa for life with IFZA’s package. While many businesses in Dubai were already on their digital journey, few had accomplished the transformation goal. com. Entrepreneurs can effectively set up a company in IFZA at a cost of AED 43,470 for a 3 Year business License. Users may find it difficult to select the best. Receive your general trading license. 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. The process is very difficult and 99/100 isn't an viable option. But, trademark registration in. IFZA is also a leading business hub of virtual activities in the entire Middle East region. 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. Estonia. 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. However, depending on the business activity, more licenses are available. com. Business bank account is not the easiest - but it is 100% doable. Although it’s Fujairah license, you can use their flexi desk and meeting. Setting up a business in a free zone is relatively easier. Scan this QR code to download the app now. The cost charged by RERA for per activity is AED 5,020. To get a trade license in Sharjah, you need to carry out the following steps: 1. Freelancing services. Highly educated individuals such as Ph. By Jamie Crawley Nov 24, 2023 at 12:31 p. com. securities watchdog to impose penalties for less serious violations of rules. Everything you need to know about IFZA Crypto License in Dubai serves as your comprehensive guide to understanding the intricacies of securing an IFZA CryptoIFZA license cost 2023. Unlike most jurisdictions, NO minimum share capital is required to obtain a crypto license in Portugal. com. IFZA has grown increasingly popular becoming one of the leading company registration hubs in the UAE. What will an IFZA Dubai free zone company formation cost? Many elements determine the total cost of a new offshore company in Dubai, such as the specific free. com also announced Dubai as its regional hub for the Middle East and Africa in March 2022. 3. Select your business activity. com or +971 4 221 2602. The cost of a license is AED 12,000. Freelancers benefit from choosing & managing their own projects. If your application is rejected, 60% (1,680 AED) will be refunded. Obtains Retail Crypto Trading License. So, ask for our services via phone at +971 43 316 688 or email at contact@c-uae. Click here to book a free consultation with our experts and we’ll guide you on how to set up a low-cost offshore company in UAE. To get in touch with our consultants, call us on. FAQs About Cryptocurrency and Dubai’s Role. 25-702, 14th floor, LT-09320 Vilnius, Lithuania. Setting up a company in International Free Zone Authority saves you the cost of capital requirements and annual audits. We provide institutions with a secure gateway into cryptocurrency markets. You will receive your license in about 1-2 weeks. Binance, the world’s leading cryptocurrency exchange, confronts major regulatory challenges in its bid to secure a crypto license in Hong Kong. It’s easy to apply for a visa. g. MOA not required for the first year. IFZA IS THE MOST DYNAMIC FREE ZONE COMMUNITY IN THE UAE We offer a range of business licenses, as well as the ability for foreign-incorporated companies to register a. Moreover, free zone authorities require minimum paperwork to set up. You need to submit copies of your passport and visa to the concerned authorities to initiate the process for procuring a salon license in Dubai. However, the average project management license in Dubai cost you around AED 15,000 to AED 25,000*. A KYC/AML compliance policy. You can pick one depending on which available activities are the most suitable for your business. Additional registration certification costs $50 or the equivalent in bitcoins. There are 8 simple steps to get the general trading license for your business in Dubai, UAE –. IFZA IS THE MOST DYNAMIC FREE ZONE COMMUNITY IN THE UAE. £10,000 – for businesses with UK cryptoasset income greater than £250,000. RERA charges AED 5,020 per activity. Dubai. Generally, the cost of a trade license in Dubai ranges from AED 12,000 to AED 30,000. With a developing community of business owners and entrepreneurs, IFZA provides the ideal platform for both local and international businesses. Contact us for Crypto broker license in Poland today. Continuing support, including UAE Residence Visa application, office spaces for rent,. Includes electric mini cars designed to serve in golf clubs, football stadiums, horse racetracks as well as passengers and visitors shuttles in airports and. Obtain a UAE-controlled crypto license to operate a cryptocurrency exchange, fulfilling all the local regulator or. As a result, we have expedited the complete process, allowing you to incorporate business in Dubai at a minimal cost. Once the documents are approved, the final step is the issuance of your company’s license. Investments are facilitated with cost-effective fees and. Step 3. However, the approximate cost of opening a real estate company in Dubai starts from AED 21,000. Where to Get the Cryptocurrency License in Dubai. 5. 2009 saw the creation of Bitcoin, the first crypto currency. About IFZA License. You will be able to do business in Dubai with a crypto license. IFZA Crypto license. The cost of an ecommerce license in Abu Dhabi depends on several things, including licensing fees, registering a trademark, and additional fees from the government. 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. Awarded “Global Free Zone of the Year” seven years in a row now, it. Below is a rundown of documents required for the IFZA Free Zone Company Formation in Dubai: Copy of your passport. the core of everything we do, IFZA is the place for you. 25-702, 14th floor, LT-09320 Vilnius, Lithuania. – Medical services. RAK’s cost-effective, hassle-free, and customer-friendly environment attracts businesses of all sizes. The PRO work in DMCC is taken up with utmost care and precision. You must meet certain eligibility criteria to obtain crypto license in DMCC. Issuance of Business License. Connect with us today – Phone: +971 4 4081900, WhatsApp: +971 50 7775554, Email: [email protected] cost of the cheapest e-commerce license in Dubai free zone is AED 12,500*. This is a promising direction for entrepreneurs to engage in cryptocurrency activities. 1. License for operating activity: FIU000407. Your spouse or members of your family may be sponsored. The cost of obtaining a cryptocurrency license in Labuan usually includes various fees, which include: the license application fee, which can range from 1,000 to 5,000 Malaysian Ringgit ($200 to $1,000), depending on the type of license;Mar 16. Call +971 44081900 or WhatsApp +971 501287254 or drop an email to info@shuraa. Over the years, IFZA has grown into a powerful platform with an extensive global network of more than 800 partners around the world. If you get a license along with a 7 sq meter office in Techno Hub, the total cost would be approximately AED 26,000. 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. This includes administrative approvals, the foodstuff trading license cost in Dubai, external certificates, and more. IFZA is one of the leading free zones in Dubai. A 3-year IFZA business license package can cost you around AED 43,700 – AED 65,000. 25-702, 14th floor, LT-09320 Vilnius, Lithuania. Requirements of the 2% Emiratisation Law in UAE. Ajman media city free zone license starts from 8,500 AED. 1. Over the years, IFZA has grown into a powerful platform with an extensive global network of more than 800 partners around the world. Because of its adaptable, cost-effective, and creative licensing solutions, Dubai IFZA is now a free zone of choice for a large majority of the entrepreneurs and new businesses being established in. However, this can even rise further depending on the types of goods you want to sell, which might require special. The UAE is a low tax country with no income tax and only 9% corporate tax, which can be reduced to zero in some cases, for example, when doing business in free zones. The Virtual Regulation Asset Law is a wide term for defining the digital trading, transferring, exchanging, or investing of assets. Let us help you belong to the IFZA activities list and more. 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. Support in the issuance of CRYPTO LICENSES IN POLAND with a guarantee of a turnkey contract, namely: Cryptocurrency exchange license and Crypto wallet. Register your company’s name. To speak to our corporate legal advisors for free, simply give us a call +971 44081900 or send a WhatsApp message on +971 507775554. Our personalised approach to licensing and related procedures, coupled with a superior location and unmatched operational standards, makes setting up with us seamless, straightforward and flexible. Step 3. Whether you’re an online casino operator, a Curacao. The Dubai Multi Commodities Centre (DMCC) free zone recently launched a dedicated crypto centre. Where you set up your company –mainland or free zone – also affects the cost. Professional license: it is meant for businesses offering professional consultancy and multiple types of services, e. Cost of crypto license in UAE : 1. Business visa in Abu Dhabi: Around AED 4,000 to AED 8,500*. IFZA Dubai - Building A Unit 001, DSO-IFZA Dubai Silicon Oasis Dubai-UAE ‪+971 50 874 7419‬5 [email protected] are seven emirates in the UAE. Here are the examples of low-cost license packages in IFZA:The process of License renewal in DMCC, Visa assistance in DMCC, De registration of DMCC company, Audit report arrangement, VAT filing assistance, import export code, tax residency certificate etc are done by our expert PROs assigned for DMCC Freezone. IFZA Free Zone Crypto License. com. Dubai Free Zone Company Setup Cost. When you collaborate with us, you can say goodbye to all your business set up worries. 50 billion in virtual digital assets ventures all. A RAKEZ industrial license allows entrepreneurs to establish their manufacturing business in the UAE. Cost of a professional license in Dubai, UAE. Although the final crypto license cost in Dubai will depend on the jurisdiction, it can roughly be anywhere around 21,500 – AED 35,000 and can go up according to the Activity. 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. UAE - Local Toll Free: 800-IFZA (4392) Tel: +971 4 228 5285 - info@ifza. You can reach us at +971 4 4081900, via WhatsApp at +971 50 7775554, or through email at info@shuraa. 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. Get free VAT and tax consultations, corporate banking setup, PRO and visa services to usher your crypto company to the next century. For precise pricing, consult our Company Setup Experts. Delivery note from your company confirming the acceptance of goods. com and get your queries answered in no time. Prior to applying for a RERA License in Dubai, you must hold a Dubai resident visa. Compliance regulations and regular reporting: After receiving a license you should strictly follow every regulation and law that regulates cryptocurrency activity in the UAE. Sharjah: The cost of the license will be around AED 23,000 onwards. Here’s a step-by-step process for Dubai Municipality product registration in the UAE: First, you need to form your company in Dubai. You can also email us at [email protected] your FREE consultation with our Shuraa’s Business Setup consultants today! Call us on +97144081900 / WhatsApp +971507775554. IFZA license with 1 visa (3 years validity) is approx 16K aed. However, you need to obtain necessary approvals from Dubai Health Authority (DHA) and the Department of Economic Development (DED). Corporate Structure: You can apply as a new or existing DMCC member company looking to expand into crypto-related activities. It offers businesses first-class amenities and a great number of commercial infrastructures. Congratulations, your business is now ready to take flight! Benefits of IFZA Company Formation. Before initiating the application procedure for a business license, it is essential to conduct exhaustive market research. In addition, you can register free zone companies within 3-4 days. Trading activities that need special approvals can also be traded under this activity upon obtaining third party approvals (TPAs) from the. 44B excess reserves and revealed their Bitcoin and Gold holdings for the first time ever. You also need to get all your company formation documents cleared from different UAE agencies within a short time. £10,000 – for businesses with UK cryptoasset income greater than £250,000. Shuraa provides competent advice in free zone company formation across the seven emirates. Document Clearance simply means that to incorporate a company in Dubai or to register business in UAE there are a list of PRO services, certifications and authorizations required – getting these authorized documents is known as Document Clearance. There may be additional fees for value-added services, such as virtual office facilities or additional visa quotas. Head Office . Select a suitable package and place the order. If you wish to incorporate a crypto assets/NFT E-Marketplace. Apply for a business license. 4 Types of Crypto Licenses. 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. Freelance Visa. A detailed explanation of all the factors contributing to this prize pool is as follows: The cost of the IFZA 1-Year Business license package with 0 visas starts from AED 13,900. Step 3. If you setup and freezone, you will pay custom duties plus 5% vat to bring the goods inside uae. 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. Media License: AED 10,000 to AED 20,000 per year*. Not only that, but they also earn a handsome income too. The dramatic rise of crypto assets companies has completely altered the business all around the world and encouraged more investors and entrepreneurs to set up their crypto-related licenses in Dubai. Apply for a Business License. Crypto is one of the buzzwords today. Now, at present, in the market, lots. Investors who want to establish their business in cryptocurrencies must meet the minimum requirement of cost of a Crypto license in Dubai is between AED 30 000 to AED 50 000. 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. Business News. Don’t miss our future updates! Get Subscribed Today! +971 50 874 7419. Includes reselling specialized motor vehicles including ambulances, fire engines, garbage collectors , street sweepers, truck- mounted cranes for loading and discharging and truck mixers. 1:30. IFZA provides both local and international companies with ideal venues, world-class infrastructure and prime business locations that optimize the UAE's geographic location and tax prosperous environment. Trading activities that need special approvals can also be traded under this activity upon obtaining. Company formation in IFZA offers scalable business solutions, excellent infrastructure, and a straightforward business setup process. com. We will assist you in company registration, license cost, visa services. 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. 2. You will be able to get from 1 up to 6 visas and carry out various service activities. UAE’s International Free Zone Authority (IFZA) is rapidly gaining attention as a prominent hub for crypto and blockchain businesses. Prerequisites of the regulator for a crypto-currency approval. General trading license cost in Dubai starts from AED 11,900. 2. Trading license; Trading license is almost the same as a general trading license. Call us at +971 44081900, send us a WhatsApp message at +971 507775554, or send us an email at info@shuraa. Personal documents: You will typically need to provide. This gives you the option to mix and match activities to fit your preference and the nature of your business. The cost charged by RERA for per activity is AED 5,020. Investors can enjoy elegant tech. Usually, it would be more than AED50,000 (about $15,000) to qualify as an owner of a Dubai crypto exchange license. Free zone companies should also apply through their respective free zone authority. Cost of Ecommerce License in Abu Dhabi. It offers businesses first-class amenities and a great number of commercial infrastructures. At the moment it offers a whole range of business activities related to crypto assets: Crypto exchange license; Crypto asset. The International Free Zone Authority (IFZA) is the cheapest free zone in Dubai. Personal documents: You will typically need to provide copies of. 4. These prices, however, vary based on the type of company such as FZE or branch office. Starting from zero visa companies to multiple visa options, IFZA offers a wide range of packages. IFZA - International Free Zone Authority CEO, Jochen Knecht on "Dubai: The Next Global Hub for Crypto-Based Companies" in the Crypto Oasis Ecosystem Report…In terms of tax collection, crypto assets in Bulgaria are considered equal to profits from the sale of financial assets. IFZA license fees start at 12,900 AED for a Flexi-desk with a zero-visa consultancy and service license. Jamie. United Kingdom: Offshore Services Group Limited, 60 New Broad St, London New Zealand: Offshore Services Limited, 13 Liverpool St, Epsom, Auckland. Commercial license: grants authorization to import, export, distribute, and store specified items. It is a license that allows companies or individuals to operate in the cryptocurrency space legally and compliantly. Dubai Multi Commodities Centre (DMCC) DMCC has established itself as one of the most prestigious free zones in the. Finalise your business location – mainland or free zone. The agreement will drive growth in this sector and promote the use of blockchain in the emirate of Dubai and the UAE, which is the main focus of the. Security deposit: This is a deposit that is required by IFZA as a guarantee of the company’s financial stability. Dedicated Team A specialized free zone team working hand in hand with Creation Business Consultants experts to complete company formation and license issuance in an efficient and timely. We’re also available on WhatsApp at +971507775554. 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. 2. No rent contract required for the first year. Filling out an online registration application form is the first step. Can I acquire a UAE Residence Visa through an IFZA company? Yes, you can. With a dynamic, technology-driven approach, we deliver competency-based training tailored to meet the demands of today’s business environment. You can make payments via bank transfer, cash, or online using a card. Once the documents are approved, the final step is the issuance of your company’s license. The European Parliament approved MiCA on April 20, 2023, making it a groundbreaking. Helen & Sons offers one of the best company formation services. In 2022, Dubai implemented the Dubai Virtual. b) Virtual Asset Custodian and Non. We create innovative crypto game applications. Cost of a business license depends on different variables such as having a company sponsor, multiple partners, business activity, the region of the business establishment, location of the company, business structure, etc. Companies wishing to do business in the region can apply for licenses from the IFZA. Important! 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. Our company registration, business license acquisition, office space renting, legal and professional services, and bank account opening are just a few of the many. com. The cost of a crypto license in DMCC is around AED 30,000 to 40,000 depending upon the scale of the business. That license is available only for UAE residents and GCC citizens. The cost-effective healthcare model and supportive jurisdiction in the emirate of Dubai helps you set up a medical clinic in Dubai. It will be hard for you to open a bank account if it’s general trading plus IFZA license. com. Acquiring a license plus office space. – Beauty salons. As a foreign national, you can only register your. An MSB license in Canada allows companies to provide services related to electronic payments, including money transfers, currency exchange, issuance and sale of remittances, etc. Company Name: Coastal. *Please note these costs are just an estimate, the actual cost of obtaining a project license may vary. Furthermore, the trade license renewal cost in Dubai depends on the jurisdiction and economic zone. It already serves as a hub for global trading firms whose operations depend on logistics. , the Crypto Currencies are allowed for the trading subject to certain regulations. Kickstart your journey to Dubai today, with Shuraa Business Setup. A 5-year IFZA free zone license cost can be around AED 62,500 – AED 85,300. A strict KYC Norm has to be adhered. Main Fintech Licenses Crypto Licenses. Generally, free zone jurisdictions do not permit companies registered under free zone authorities to do business in Dubai Mainland. The dramatic rise of crypto assets companies has completely altered the business all around the world and encouraged more investors and entrepreneurs to set up their crypto-related licenses in Dubai. 2. The crypto license is the way to hold all crypto trading, buying, monitoring, and investing as a whole. Register the chosen trade name with Dubai’s Department of Economic Development ( DED ). Crypto Exchange License European countries require crypto organizations that want to operate on their territory to undergo verification and obtain a work permit. With a rapidly-growing community of over 550 crypto firms, the DMCC Crypto Centre is the largest ecosystem of. Dubai has become one of the biggest markets for crypto-asset platforms in the world. Ajman Media City trade license. Either starting a business in Dubai or working for a local employer are two ways to get a residence visa. They merged just recently with IFZA - they don't require it. Here are the key steps to set up a business in a Dubai Free Zone. The cost of a new 10-year Golden Visa in 2023 is 2,657 AED, not including fees for a medical check (700 AED) and Emirates ID (1,153 AED). IFZA (International Free Zone Authority) is an international financial center and free zone in Dubai, UAE. License Services: As discussed above, IFZA free zone offers a business license for several business activities. Get the draft of your MOA ready and then the UAE courts will notarise it. Contact our corporate advisors to learn more about free zone company formation in Dubai. Flexi Desk. Dubai is moving forward with cryptocurrency regulations. Free Zones in Dubai are designated areas that offer unique business. We are passionate about our work and we don't rest until we deliver. 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. These licenses will allow you to trade as either an auditor, accountant or tax consultant in the UAE. International Free Zone Authority. The. For email assistance, mail your query at info@shuraa. Contact us at contact@wincoreadvisory. We help you with Free zone and Offshore company formation, LLC business setups as well as commercial management consultations in Dubai and all over UAE. Pay the necessary fees. All business activities permitted in IFZA are taken from the Dubai Department of Economic Development (DED). This includes professional licenses, commercial licenses and branch registration along with the flexibility to combine professional and commercial activities on one license. IFZA is well-known for its low-cost company. This situation. Issued to individuals/companies engaged in buying and selling goods. You need to take care of the necessary paperwork, pay all the fees on time, submit the required information, etc. in Dubai. ) or even more. The cost of setting up a company in IFZA is lower than in DSO which gives investors business flexibility. UAE visit visa copy. Through our partnership with IFZA, Shuraa can offer you the most economical and quickest. Now, new findings from. You can contact us via email info@rizmona. License cost in Creative City Free Zone from 14,000 AED. Applying for a general trading license is a straightforward process involving the following steps: Submit all your documents to the DED. The Academy is a first-of-its-kind training institute in the region, dedicated to providing reliable industry knowledge, skills, and experience to IFZA partners. The UAE IFZA stands apart from the rest of the free zones due to. Certifications and document clearance are determined depending on the type. The amount of the license fee will depend on the type of license and the business activity. If you are a non-resident of the UAE. 1. However, there are a lot of contributing factors that may collectively. Business formation. You will receive your trade license to start your business. In addition to its favorable location, IFZA Dubai offers a wide range of license options such as professional, commercial, industrial or. Receive government payment voucher. The business setup cost in IFZA starts from AED 14,900*. 01. 1. The International Free Zone Authority (IFZA) is the cheapest free zone in Dubai. Office spaces start from 7 sq meters. IFZA CRYPTO LICENSE: Type of company required to be eligible: Limited Liability Company: Minimum paid-up statutory capital: Not required. IFZA is a leading Free Zone Community in Dubai with world-class infrastructure, state-of-the-art facilities, and business friendly regulations, making it an ideal destination for foreign investors looking to set up and grow their business. 1. The sort of business license you receive will depend on a number of things. 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. To apply for a commercial cryptocurrency license when starting a business in Dubai, you will need to submit the following documents: Your company’s memorandum and articles of association. Call us on +971 44081900 or WhatsApp +971 507775554. Click to expand. A trade license is required in Dubai for the majority of UAE activities. However, this limitation is only imposed on B2C entities. This coastal city, with plenty of choices to choose from, attracts all sorts of sea lovers looking for their next adventure. STEP 3: Registering submitted documents for PROCESSING. 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. Crypto. If you wish to discuss setting up a DMCC Crypto Company, or any other legal entity, feel free to contact us today. After that, you can use your account to pay bills, change currencies, buy services. The IFZA free zone is a promising opportunity to get a crypto license quickly and profitably, without the need for share capital. Shuraa Business Setup offers RAK free zone company setup with 25% lower rates than other Emirates. 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. P. Commercial. Also known as the Ras Al Khaimah. Allows trading activities within and outside the UAE. Cost of Starting a Used Car Business in UAE. The Benefits of a Freelance Visa in Dubai are numerous. holders. With its strategic location, attractive incentives, and flexible company formation options, IFZA provides an ideal environment for startups and established enterprises in the digital asset space. Cost of Dubai commercial license. The cost of a used car trading license in Dubai generally starts at AED 25,500. com.