Non-Fungible Token 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 minting, metadata, and royalty-management infrastructure enabling businesses and artists to launch NFT collections.

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

Same regulatory ambiguity as NFT Marketplace Operations elsewhere in this dataset: NFTs aren't explicitly addressed as their own VARA category, and treatment depends heavily on specifics — a platform selling unique digital collectibles looks different to a regulator than one offering fractionalized or fungible NFT-adjacent products that start to resemble securities or standard virtual assets.

"Services" as broader framing than "Marketplace Operations" suggests this code may cover NFT-adjacent activities beyond just running a marketplace (minting services, royalty infrastructure, authentication) — most of which sit comfortably outside VARA's licensing scope as standard tech/creative services, unlike marketplace operation itself.

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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