Innovation City Business Setup — Ras Al Khaimah Digital Assets Oasis
The UAE’s first free zone for digital assets, blockchain, and innovation.
SETUP YOUR COMPANY WITH INNOVATION CITY
A RAK DAO setup lets you launch your business inside Innovation City Free Zone, a business-friendly environment located in Ras Al Khaimah, UAE, designed to facilitate the establishment and operation of companies focused on digital assets, blockchain, and Web3.
It offers a streamlined process for setting up businesses, with 100% foreign ownership, tax exemptions, and a range of flexible business licenses. The Free Zone is ideal for various sectors, including technology, trading, and services, providing access to modern infrastructure and a supportive ecosystem for entrepreneurs and investors.
Completing your RAK DAO setup typically takes just a few working days once your documents are ready, and our team at HMCS handles the licensing, registration, and visa process on your behalf so you can focus on building your business rather than paperwork. For official regulatory details, visit the RAK DAO authority website.
What We Offer:
- License
- Echannel Registration
- Establishment Card
- Free Visa
- Innovation City Facilities
For AED 10,000

Why Choose INNOVATION CITY ?
-
Cryptocurrency Trading and Exchange
Establishing platforms for buying, selling, and exchanging cryptocurrencies. -
Blockchain Development
Offering services related to the development and implementation of blockchain technology solutions for various industries. -
Digital Asset Management
Managing and providing custodial services for digital assets, including cryptocurrencies and tokens. -
Tokenization Services
Assisting businesses in tokenizing real-world assets, such as real estate, art, or intellectual property. -
Initial Coin Offerings (ICOs) and Token Sales
Facilitating the launch of ICOs or token sales for startups and projects seeking to raise capital through digital assets. -
Smart Contract Development
Creating and deploying smart contracts for automated transactions and agreements on blockchain platforms. -
Consultancy Services
Providing expert advice on digital asset strategies, regulatory compliance, and technology integration. -
Decentralized Finance (DeFi)
Engaging in activities related to decentralized finance, including lending, borrowing, and yield farming. -
Digital Wallet Solutions
Developing and offering digital wallet services for storing and managing cryptocurrencies. -
Educational Services
Offering training and educational programs focused on blockchain technology, cryptocurrencies, and digital asset management. -
Research and Development
Conducting R&D activities to innovate and enhance digital asset technologies and applications. -
E-commerce Platforms
Establishing online marketplaces that accept cryptocurrencies as a form of payment.
Additional Benefits
- A supportive ecosystem fostering experimentation and innovation.
- Flexible and dynamic hybrid workspaces tailored to modern needs.
- A comprehensive regulatory framework for digital assets.
- Expert advisory and professional services.
- Join a purpose-built economic free zone focused on digital assets.
- Become an integral part of the expanding Web3 ecosystem.


Apply For
Innovation City Free Zone License flawlessly
- Choose Business Type
- Submit Application
- Receive your Trade License
Pay Through Our Easy Monthly Payment Plans Tailored To Meet Your Ease
Convert your transaction into manageable and affordable monthly installments using the options outlined below:
1. Buy Now & Pay Later – Tabby & Tamara
2. Easily convert your card transaction into monthly EMI payments
HM Corporate understands your needs and makes your RAK DAO setup simple from start to finish, offering tailored, reasonable solutions every step of the way.
Whether you are a startup exploring blockchain innovation or an established crypto business looking to relocate, a RAK DAO setup gives you a purpose-built regulatory framework, fast-track licensing, and access to the growing Web3 ecosystem in Ras Al Khaimah. Get in touch with our advisors today to find out which license category fits your activity and how quickly you can be up and running.
Our advisory team also assists with corporate bank account opening, office space, and visa processing, so every part of your RAK DAO setup is handled under one roof. Reach out today for a free, no-obligation consultation and a clear cost breakdown tailored to your business activity.


