Title: How to Set Up a Crypto Business in Dubai?
1How to Set Up a Crypto Business in Dubai? Get a
Consultation today!
2Start a Crypto Business in Dubai
SHURAA INDIA
Many Indian investors and new-age entrepreneurs
are looking for diversified methods to develop
their wealth, and the cryptocurrency business is
growing in popularity around the world. In the
upcoming years, the new digital money is likely
to become more mainstream in commercial
activities. Therefore, it makes complete sense
to set up a crypto business in Dubai.
3Cryptocurrency Business License in the UAE
- Companies can trade and administer their digital
currencies with a cryptocurrency business
license in the UAE from the - Dubai Multi-Commodities Center (DMCC) Dubai
Airport Free Zone (DAFZA) - Cryptocurrencies are becoming increasingly
popular in the Emirates, and theres a lucrative
opportunity to venture into the areas of
cryptocurrency trading, holding, exchanges, and
numerous other new business opportunities.
4What are the Steps to Set Up a Crypto Business
in Dubai?
- Indian new-age investors and global crypto
enthusiasts can set up a crypto business in
Dubai by following these steps - Finalize Your Companys Name
- Choose the Preferred Jurisdiction
- Register for a Cryptocurrency License
- Abide by All the Compliance Regulations
51. Finalize Your Companys Name
The first stage is to come up with a
company name thats free of profane
words, or well-known trade names. In
addition, it should be simple and memorable.
Furthermore, you should use a persons complete
name (and not a nickname) if you want that as
your business trademark.
62. Choose the Preferred Jurisdiction
Decide on whether you want to establish a crypto
business in a Dubai-free zone or on the
mainland. Note that youll have no currency
constraints in the free zone. In addition, you
can also enjoy the income and gain repatriation.
On the other hand, a mainland establishment
gives you hassle- free access to all the
Emirates in the UAE.
73. Register for a
Cryptocurrency License
You can register for a cryptocurrency license in
Dubai, UAE once youve made the above
considerations. Moreover, you can send this
application directly to the concerned governing
body. However, it becomes a bit hectic for an
expatriate to manage so many things alone.
Therefore, its better to collaborate with the
crypto business experts at the Shuraa India
branch.
84. Abide by All the
Compliance Regulations
Bitcoin trading is supervised in the same way as
traditional financial trades In Dubai.
Therefore, you must have the appropriate
license, and also follow anti-money laundering
regulations. Any carelessness in this regard can
lead to business repercussions.
9What are the Requirements for Setting Up a
Cryptocurrency Business in Dubai?
You need to meet all the established requirements
to set up a crypto business in Dubai. These
include The UAE financial free zone divisions s
hould be integrated with all crypto
assets. Ensure that your capital resources alongsi
de any other operating expenses are accessible
for at least six to twelve months. There are no fr
audulent transactional operations permitted, and a
perfect track record is essential. Make certain
that your data is safe in the crypto wallet.
Include copies of all of your business partners
valid passports. Submit a commercial license form
to the preferred crypto administrative authority.
10OUR STORY
SHURAA THE PIONEERS OF BUSINESS SETUP SERVICES
IN THE UAE 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.
11MAILING ADDRESS
108, Square One, Saket New Delhi - 110017
REACH OUT
EMAIL ADDRESS info_at_shuraa.in
PHONE NUMBER 91-8010990022