VA Issuance Category-2 License UAE

ISIC classification: Other financial service activities, except insurance and pension funding activities, n.e.c. (6499)

Typically requires Designated Zone status for VAT purposes

About this activity

Issues a second defined category of virtual assets under VARA’s issuance framework, subject to enhanced disclosure and investor-protection requirements.

Regulatory requirements

Requires external approval — Virtual Assets Regulatory Authority (VARA) (Dubai) / Securities & Commodities Authority (SCA) (other Emirates) & Central Bank of the UAE (CBUAE)

100% foreign ownershipYes

Facility requirementLicensed VARA/SCA-Compliant Office with Cybersecurity & Risk Controls

Market Analysis

"VA Issuance Category-2" is VARA's own official naming for the higher-complexity issuance tier — likely covering larger, more complex, or higher-risk token issuances than Category 1 (its sibling code, also in this dataset), with correspondingly more intensive VARA review of disclosure documents, tokenomics, and issuer governance.

Along with VA Issuance Category-1, this is one of the two most authoritative entries among the seven issuance-related codes in this dataset — Digital Token Issuance, Initial Coin Offering Services, Security Token Offering, Token Issuance, and Virtual Asset Issuance all appear to be DED paraphrases pointing back to this Category 1/2 structure.

Dubai-only in practice; 100% foreign ownership applies.

Available in: . A detailed per-emirate fee breakdown isn't published for this activity yet — check back soon, or get a scored recommendation for your specific business below.

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