Setup your business in RAK Innovation City (Ras Al Khaimah Innovation City)
Crypto payments, diverse workspaces, and more.
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About RAK Innovation City
RAK Innovation City, also known as Ras Al Khaimah Innovation City, is a free zone in the UAE established in 2023 specifically for businesses in the digital assets and Web3 sectors. It provides forward-thinking regulations and infrastructure to support future tech innovation.
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Benefits of RAK Innovation City
- Zero personal and corporate income tax
- Crypto payments
- 100% profit repatriation
- Supports multiple activities under a single license
- Wide range of working spaces
- Straightforward registration process
- Global market access
- No currency restrictions
- Business-friendly regulations
- Cost-Effective Licensing
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Types of Business Licenses
Set up your business in RAK Innovation City and experience the UAE’s perfect blend of opportunity, connectivity, and affordability. Choose from a wide range of business licenses designed to meet your future goals and support sustainable growth in line with your vision.
Digital & Virtual Asset Services License
For businesses involved in token advisory, exchange and management of digital assets.
Web3 & Blockchain Development License
This license supports activities like blockchain architecture and web3 platform services.
NFT Design, Creation & Trading License
For businesses involved in NFT trading, including its design and creation.
Digital Asset Marketing & Consultancy License
For companies providing advisory, marketing, or consultancy services related to Web3.
Tech Startup License
For businesses that are at the starting stage of tech development.
Popular Business Activities
Whether you are a new entrepreneur, an SME, or a large enterprise looking to expand in the region, RAK Innovation City offers a wide range of business activities to suit your goals. With flexible setup options and a supportive ecosystem, RAK Innovation City empowers businesses of all sizes to innovate, grow, and thrive in the UAE’s dynamic market.
Token launch advisory
Protocol development
Web3 legal consulting
Smart contract auditing
Digital Assets Proprietary Trading
Gaming
Internet Consultancy
Datacenter Colocation Services
Computer System Housing Services
Public Relations Management
UAE Free Zones
Love from
our clients
Thousands of people choose Ventaraa to set up their businesses in Dubai and across the UAE. We take great pride in our exceptional services, and our clients’ success stories inspire us every day.
They customized the setup plan to match exactly what my business needed. And it perfectly worked for me.
They ensured full compliance and gave practical business advice. Recommended!
I never had to visit multiple offices; Ventaraa handled it all in one place.
Ventaraa turned what could have been a complicated process into a pleasant experience.