Virtual Assets · Code 6499114

Token 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

Designs and issues digital tokens on behalf of corporate clients, managing smart-contract deployment and distribution logistics.

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

One of seven issuance-related codes in this dataset (see also Digital Token Issuance, Initial Coin Offering Services, Security Token Offering, VA Issuance Category-1/2, and Virtual Asset Issuance) mapping to VARA's VA Issuance category — the generic, most literal naming of the group.

Issuance is structured differently from VARA's continuous-supervision categories (exchange, custody, broker-dealer, lending, advisory, management): it's assessed around the specific token launch rather than as an ongoing annual fee, though the same fit-and-proper and disclosure review process applies to the issuing entity.

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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