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, regulated by the RAK Digital Assets Oasis Authority / RAK ICC.
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 | active |
Investment Incentives
Dedicated free zone for digital & virtual asset service providers; free-zone status so companies within designated area enjoy free-zone rules (customs, licensing); full foreign ownership; regulatory framework adapted for Web3, NFTs, virtual asset wallets, etc. ([rakdao.com](https://www.rakdao.com/announcing-worlds-first-free-zone-dedicated-to-digital-asset-companies/?utm_source=openai))
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.
Who regulates RAK Digital Assets Oasis?
RAK Digital Assets Oasis is regulated by the RAK Digital Assets Oasis Authority / RAK ICC.
What are the investment incentives at RAK Digital Assets Oasis?
Dedicated free zone for digital & virtual asset service providers; free-zone status so companies within designated area enjoy free-zone rules (customs, licensing); full foreign ownership; regulatory framework adapted for Web3, NFTs, virtual asset wallets, etc. ([rakdao.com](https://www.rakdao.com/announcing-worlds-first-free-zone-dedicated-to-digital-asset-companies/?utm_source=openai))