RAK Digital Assets Oasis
RAK Digital Assets Oasis is a Free Zone located in Al Jazeera Al Hamra / Al Rafaa, Ras Al Khaimah City, United Arab Emirates, established in 2023, with RAK Digital Assets Oasis Authority / RAK ICC listed as its governing authority.
Key Facts
| Type | Free Zone |
|---|---|
| Location | Al Jazeera Al Hamra / Al Rafaa, Ras Al Khaimah City, United Arab Emirates |
| Year Established | 2023 |
| Governing Authority | RAK Digital Assets Oasis Authority / RAK ICC |
| Status | operational |
Recorded Benefits and Incentives
RAK Digital Assets Oasis operates as a dedicated free zone for digital and virtual asset service providers. Businesses within the zone benefit from free zone regulations concerning customs and licensing. Full foreign ownership is permitted. The regulatory framework is adapted for Web3 technologies, NFTs, and virtual asset wallets.
Verify eligibility and current terms with the zone authority.
About RAK Digital Assets Oasis
RAK Digital Assets Oasis (RAK DAO) is the world's first common law free zone dedicated to global digital and virtual assets companies. It provides a supportive and compliant environment for next-gen innovators in Web3, blockchain, AI, metaverse, and other emerging sectors, aiming to foster innovation and economic diversification in Ras Al Khaimah.
Frequently Asked Questions
What type of zone is RAK Digital Assets Oasis?
RAK Digital Assets Oasis is a Free Zone.
Where is RAK Digital Assets Oasis located?
RAK Digital Assets Oasis is located in Al Jazeera Al Hamra / Al Rafaa, Ras Al Khaimah City, United Arab Emirates.
When was RAK Digital Assets Oasis established?
RAK Digital Assets Oasis was established in 2023.
Which governing authority is listed for RAK Digital Assets Oasis?
SEZ Explorer records RAK Digital Assets Oasis Authority / RAK ICC as the governing authority for RAK Digital Assets Oasis. Confirm its current jurisdiction and remit with the authority.
Which benefits and incentives are recorded for RAK Digital Assets Oasis?
SEZ Explorer's current record lists: RAK Digital Assets Oasis operates as a dedicated free zone for digital and virtual asset service providers. Businesses within the zone benefit from free zone regulations concerning customs and licensing. Full foreign ownership is permitted. The regulatory framework is adapted for Web3 technologies, NFTs, and virtual asset wallets. Verify eligibility and current terms with the zone authority.