What documents does a British national need to start a blockchain development business in the UAE?

You will need a valid United Kingdom passport (minimum 6 months validity), passport-sized photos, proof of address in United Kingdom, attested documents via Foreign, Commonwealth & Development Office (FCDO), and a business plan for your blockchain development venture.

How long does it take for a British citizen to set up a blockchain development company in RAKEZ?

The complete process — from initial application to trade licence issuance — typically takes 3–6 business days. Adding visa processing and bank account opening, the total timeline is approximately 13–23 business days.

What business activities can I include on my RAKEZ licence?

Your RAKEZ licence can include blockchain development as the primary activity, along with related activities that fall under the same category. Most free zones allow multiple activities on a single licence, though some may charge a small fee for additional activities. IBA advises on the optimal activity selection for your business needs.

Is Ras Al Khaimah Economic Zone good for blockchain development start-ups?

RAKEZ is one of the most start-up-friendly jurisdictions in the UAE, offering cost-effective licensing and industrial and commercial zones. Flexible office solutions starting from AED 3,000 per year help keep initial overheads manageable.

How much does it cost to set up a Blockchain Development business in Ras Al Khaimah Economic Zone?

The total setup cost for a Blockchain Development business in RAKEZ starts from approximately AED 7,500 for the trade licence. Additional costs include visa processing (AED 3,700 per visa), office space, and establishment card fees. IBA provides a detailed cost breakdown during your free consultation.

What are the tax implications for a Blockchain Development business in Ras Al Khaimah Economic Zone?

The UAE introduced a 9% corporate tax on profits exceeding AED 375,000 (effective June 2023). Free zone companies like those in RAKEZ may qualify for a 0% corporate tax rate on qualifying income, provided they meet the substance requirements and do not conduct business with the mainland. There is no personal income tax in the UAE. VAT at 5% applies to most goods and services.

Do I need to be physically present in the UAE to set up a Blockchain Development company in RAKEZ?

Most of the setup process for a blockchain development business in RAKEZ can be completed remotely, with documents submitted online or via courier. However, you may need to visit the UAE for Emirates ID biometrics and bank account opening. IBA can coordinate to minimise your required visits.

Blockchain Development in Ras Al Khaimah Economic Zone for British nationals

Free ZoneProfessional

Blockchain Development in RAKEZ

Starting From

AED 7,500

Setup Time

3 Business Days

Visa Quota

3 Visas

Location

Ras Al Khaimah

About Blockchain Development

Setting up a Blockchain Development business in Ras Al Khaimah Economic Zone as a British citizen is a straightforward process when you understand the specific requirements that apply to United Kingdom-based entrepreneurs. IBA International has helped hundreds of British business owners navigate the licensing, visa, and banking procedures unique to their nationality.

The licensing process at RAKEZ has been streamlined significantly, with most professional licences processed within 3 business days. As a free zone entity, you will enjoy 100% foreign ownership with no requirement for a local sponsor. The base licence fee is approximately AED 7,500, making it one of the most affordable options in the UAE.

At IBA International, we simplify the process of establishing your blockchain development business in Ras Al Khaimah Economic Zone. From selecting the right licence type to securing your visa and opening a corporate bank account, our experienced team ensures every detail is handled professionally and efficiently.

Why RAKEZ for Blockchain Development?

Ras Al Khaimah Economic Zone is widely regarded as one of the UAE's premier destinations for professional businesses, and for good reason.

The jurisdiction offers cost-effective licensing, which is particularly valuable for blockchain development operations. Additionally, industrial and commercial zones ensures that your business remains competitive in the regional market. As a free zone entity, your business enjoys complete repatriation of profits and capital, with no currency restrictions on transactions. Office solutions start from AED 3,000 per year for a flexi desk, making it accessible for businesses of all sizes. The standard licence includes a visa quota of 3 residency visas, with options to increase this number as your team grows. 100% foreign ownership further enhances the appeal of RAKEZ for blockchain development professionals. Furthermore, gateway to northern emirates positions your blockchain development business for long-term success in the region. With Ras Al Khaimah continuing to invest in infrastructure and business-friendly regulation, RAKEZ remains an excellent choice for both start-ups and established professional enterprises looking to expand into the Middle East and North Africa region.

For British nationals specifically, the Ras Al Khaimah government has fostered a business-friendly environment with streamlined processes that cater to the large British business community.

Cost-effective licensing

Industrial and commercial zones

100% foreign ownership

Gateway to Northern Emirates

Manufacturing facilities

Visa Requirements for British Nationals

For British entrepreneurs, the visa process works as follows: British nationals can enter the UAE visa-free for 30 days. For business setup, a residence visa is processed after company incorporation. IBA handles the complete immigration procedure — from entry permit to residence visa stamping — so you can focus on launching your blockchain development business in RAKEZ.

Banking for British Business Owners

Opening a corporate bank account for your blockchain development company in RAKEZ: British nationals generally experience smooth corporate bank account opening. UK-regulated banking history is viewed favourably by UAE banks. IBA has established relationships with major UAE banks and will personally introduce you to relationship managers who understand British business structures.

Document Attestation for British Nationals

Document attestation for British nationals involves: (1) Notarisation in United Kingdom, (2) Attestation by Foreign, Commonwealth & Development Office (FCDO), (3) UAE Embassy attestation in Dubai. IBA provides a complete attestation checklist specific to blockchain development businesses to ensure nothing is missed.

Requirements & Documents

1Valid United Kingdom passport (minimum 6 months validity)

2Documents attested by Foreign, Commonwealth & Development Office (FCDO)

3UAE Embassy attestation from Abu Dhabi

4Signed application form from RAKEZ authority

5Entry stamp or valid UAE visa copy (if applying from within the UAE)

6Passport copies of all shareholders and directors (valid for at least 6 months)

7Detailed business plan or activity description

8Passport-sized photographs with white background

Cost Breakdown

Item	Cost (AED)
License Fee	7,500
Visa Package (per visa)	3,700
Flexi Desk	3,000
Shared Office	7,000
Private Office	15,000
Estimated Total (Year 1)	From AED 14,200

* Costs are indicative and subject to change. Contact IBA for a personalised quote.

Setup Timeline

Consultation

Free consultation with IBA to discuss your blockchain development business plan and the best RAKEZ licence options for British nationals.

Document Preparation

Prepare and attest all required documents from United Kingdom through Foreign, Commonwealth & Development Office (FCDO) and the UAE Embassy.

Licence Application

Submit the blockchain development licence application to RAKEZ. IBA handles all paperwork and government interactions.

Trade Licence Issued

Receive your official RAKEZ trade licence within 3–6 business days.

Visa Processing

Process your UAE residence visa, Emirates ID, and medical fitness. British nationals can enter the UAE visa-free for 30 days.

Bank Account

Open a corporate bank account. British nationals generally experience smooth corporate bank account opening.

Start Operations

Your blockchain development business is ready to operate in the UAE. IBA provides ongoing PRO, accounting, and compliance support.

Total estimated time: 3 business days. IBA handles the entire process end-to-end so you can focus on your business.

Frequently Asked Questions

Yes. RAKEZ allows 100% foreign ownership for all nationalities, including British nationals. No local sponsor or partner is required.

Blockchain Development in Other Jurisdictions

DIC

From AED 15,000

RAKEZ

From AED 7,500

DIFC

From AED 12,000

SHAMS

From AED 6,150

JAFZA

From AED 16,000

DMCC

From AED 15,300

IFZA

From AED 11,750

DSO

From AED 12,000