Virtual Asset Advisory Services License UAE

ISIC classification: Other activities auxiliary to financial service activities (6619)

Typically requires Designated Zone status for VAT purposes

About this activity

Provides independent advice to businesses and investors on virtual-asset adoption, licensing pathways, and risk management.

Regulatory requirements

Requires external approval — Virtual Assets Regulatory Authority (VARA) (Dubai) / Securities & Commodities Authority (SCA) (other Emirates)

100% foreign ownershipYes

Facility requirementStandard Office Premises (Non-Custodial Technology Provider)

Market Analysis

The most VARA-terminology-aligned of the three advisory-related codes in this dataset (with Cryptocurrency Consulting and Digital Asset Advisory) — VARA's Advisory Services category, AED 40,000 application fee, AED 80,000/year supervision, AED 100,000 minimum capital, the lightest regulatory tier VARA offers.

This is a reasonable "starter" VARA category for firms building toward a fuller license later, since advisory work generates track record and regulator familiarity without the AED 100,000+ application fees and much larger capital requirements the exchange, custody, broker-dealer, and lending categories carry.

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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