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Crypto & Blockchain in the UAE for Chinese nationals

Blockchain development, Web3 consultancy and, with VARA or ADGM licensing, virtual asset services

Setting up a company in DMCC Free Zone gives you 100% ownership, a UAE trade licence and the option to sponsor residence visas for yourself and your family. DMCC Free Zone issues commercial, professional and industrial licences from its base in Dubai, and GoldenKey processes new registrations there every week. In short, the most common businesses Chinese nationals open through GoldenKey are in trading, manufacturing, electronics and e-commerce, although DMCC Free Zone supports almost any activity. To be clear, chinese nationals are a community of roughly 200,000 to 300,000 people, with Dragon Mart and International City as its commercial heart, so the DMCC Free Zone authority, the banks and the immigration officers see Chinese applications every day and process them without hesitation.

Why DMCC Free Zone

As a rule, office options in DMCC Free Zone range from flexi-desk, office suite, showroom or warehouse, so you only pay for the space your visa quota actually needs. Unlike some zones, DMCC Free Zone does not require a large paid-up capital to be blocked in a bank account before the licence is released.

How DMCC Free Zone works with GoldenKey

  1. Step 1: Consultation and activity selection
    Step 1

    Consultation and activity selection

    We confirm that your activity is available in DMCC Free Zone, choose the licence type and agree the visa package and office option that match your plan. This is also the point at which we answer any question specific to opening a crypto or blockchain company in the UAE as a Chinese founder.

  2. Step 2: Name reservation and initial approval
    Step 2

    Name reservation and initial approval

    We submit your preferred trade names to DMCC Free Zone and secure initial approval, normally within a day or two of submission.

  3. Step 3: Document submission and payment
    Step 3

    Document submission and payment

    Crucially, with the forms and memorandum signed, GoldenKey lodges the attested documents and settles the licence fee with the authority on your behalf. Your portal shows the status of this step for opening a crypto or blockchain company in the UAE as a Chinese founder in real time.

  4. Step 4: Licence issued and next steps
    Step 4

    Licence issued and next steps

    Once the DMCC Free Zone licence and company documents are released, we move immediately to the immigration file, residence visas and the bank meeting.

Documents required

For opening a crypto or blockchain company in the UAE as a Chinese founder the authority asks for the following paperwork, and we tell you exactly how each must be formatted.

  • A passport issued by China with at least six months' validity
  • Business plan
  • A police clearance certificate from China if the activity or the Golden Visa category requires it
  • Attested parent-company documents and a board resolution if the shareholder is a company
  • A bank statement from your China bank for the last three months, which banks use to understand your profile
  • Proof of address such as a utility bill or bank statement, requested by some zones

Pricing

All prices for opening a crypto or blockchain company in the UAE as a Chinese founder are indicative, shown in AED and confirmed in writing ahead of payment. The figures below for opening a crypto or blockchain company in the UAE as a Chinese founder are updated by GoldenKey whenever the authority changes its fees, so the price you see is the current one.

Pricing available on request — message us for a written quotation.

Why the UAE

Banking, logistics, telecoms and digital government services in the UAE are among the most advanced in the region, which keeps the running costs of opening a crypto or blockchain company in the UAE as a Chinese founder predictable. Since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so opening a crypto or blockchain company in the UAE as a Chinese founder no longer requires a local partner.

Why GoldenKey

In practice, our quotations for opening a crypto or blockchain company in the UAE as a Chinese founder list every government fee and our service fee on one page, in writing, before you pay anything. Put simply, because GoldenKey works with the licensing authority, the immigration department and the banks every single week, we know exactly which supporting documents each of them will ask for on a DMCC Free Zone file. GoldenKey is based in Ajman Free Zone and has helped entrepreneurs from more than 60 countries with opening a crypto or blockchain company in the UAE as a Chinese founder, so the paperwork, approvals and timing hold no surprises for us.

Tell us about your plans for opening a crypto or blockchain company in the UAE as a Chinese founder and GoldenKey will come back to you shortly with a clear price, a document checklist and a realistic timeline.

Frequently asked questions

How long does the DMCC Free Zone licence take?

Once your paperwork are complete, the authority typically issues the licence within 7 working days. Visas and bank account opening follow afterwards.

Is an audit required for a DMCC Free Zone company?

Requirements vary by zone and by company size. GoldenKey will confirm the current DMCC Free Zone rule when we prepare your quotation, and we provide bookkeeping if you need accounts in any case for corporate tax.

Can a DMCC Free Zone company do business on the UAE mainland?

A DMCC Free Zone company can sell to mainland customers through a mainland distributor, invoice services to mainland clients nine times out of ten, and apply for a dual-licence arrangement where the emirate offers one. Direct retail or on-site contracting on the mainland needs a mainland licence.

Can a Chinese citizen own 100% of a company in DMCC Free Zone?

It can. Chinese nationals can own the full share capital of a DMCC Free Zone company with no local partner, exactly like any other nationality.

Is crypto & blockchain allowed in DMCC Free Zone?

Yes. Chinese nationals can own 100% of a crypto or blockchain company in the UAE. {brand} recommends DMCC Free Zone for this activity and confirms any sector approvals before you commit.

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