Virtual Asset Issuance 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

Structures and issues new virtual assets, coordinating whitepaper disclosure, smart-contract deployment, and distribution to investors.

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

Seventh and last of this dataset's issuance cluster (Digital Token Issuance, Initial Coin Offering Services, Security Token Offering, Token Issuance, VA Issuance Category-1/2) — "Virtual Asset Issuance" is the most VARA-terminology-aligned generic naming among the non-category-specific entries.

Same underlying process applies: VARA reviews the issuing entity's disclosure documentation, marketing approach, and governance before allowing a token launch, with the specific Category 1 vs. Category 2 designation (see those two codes in this dataset) determining the depth of review.

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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