🇦🇪

Crypto Regulation in RAK ICC (Ras Al Khaimah)

Crypto Friendly

Ras Al Khaimah International Corporate Centre offers company formation with crypto-friendly policies. RAK DAO initiative targets Web3 and blockchain companies.

Region: Middle East

Tax Information

Capital Gains (Personal)
0%
Capital Gains (Corporate)
0% in free zone
VAT on Crypto
No
Staking Tax
--
Airdrop Tax
--
Mining Tax
--

Licensing & Registration

License Required
Yes
Regulator
RAK ICC / RAK DAO
Framework
RAK ICC Regulations
License Types
--
Estimated Cost (USD)
--
Timeline
--
Ease of Licensing
--

AML / KYC

KYC Required
Yes
Travel Rule
Yes
FATF Member
--
FATF Status
--
Suspicious Activity Reporting
--

Mining

Mining Legal
Yes
Status
Unknown
Electricity Cost ($/kWh)
$0.1
Renewable Energy
--
Climate
Temperate
Infrastructure
Moderate
Tax on Mining Income
Standard corporate tax

Soken Services

Legal Opinion
Available | $3,000 - $12,000 | 14 days
Banking
Difficulty: Medium | Crypto-friendly banks: none listed
Fiat Rails
SWIFT
Card Payments
Visa, Mastercard
Company Registration
$2,000 | 14 days | LLC
Licensing Support
Available | $5,000 - $25,000
Reviewed: 2026-03-01medium

Frequently Asked Questions

Is crypto legal in RAK ICC (Ras Al Khaimah)?
Cryptocurrency is currently classified as "Crypto Friendly" in RAK ICC (Ras Al Khaimah). Ras Al Khaimah International Corporate Centre offers company formation with crypto-friendly policies. RAK DAO initiative targets Web3 and blockchain companies.
What is the crypto tax rate in RAK ICC (Ras Al Khaimah)?
In RAK ICC (Ras Al Khaimah), the personal capital gains tax on crypto is 0%, and the corporate tax rate is 0% in free zone.
Do I need a crypto license in RAK ICC (Ras Al Khaimah)?
Yes, a crypto license is required in RAK ICC (Ras Al Khaimah). The regulator is RAK ICC / RAK DAO under RAK ICC Regulations. Estimated licensing cost: varies.
Is crypto mining legal in RAK ICC (Ras Al Khaimah)?
Yes, crypto mining is legal in RAK ICC (Ras Al Khaimah). Electricity costs approximately $0.1/kWh. Mining income is taxed at: Standard corporate tax.
What are the AML/KYC requirements for crypto in RAK ICC (Ras Al Khaimah)?
Yes, crypto businesses in RAK ICC (Ras Al Khaimah) must comply with KYC (Know Your Customer) requirements. The FATF Travel Rule is implemented.