Crypto & Blockchain in the UAE for Russians

Why DMCC Free Zone

On the ground, popular activities in DMCC Free Zone include commodity trading, gold & diamond, crypto & fintech, technology and professional services, and most of them can be combined on a single licence. DMCC Free Zone is located in Jumeirah Lakes Towers (JLT), Dubai — central business district, and the registrar's processing time for a standard file is around 7 business days.

How DMCC Free Zone works with GoldenKey

1. 
   Step 1

   Consultation and activity selection

   Day to day, 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.

2. 
   Step 2

   Name reservation and initial approval

   GoldenKey reserves your trade name with the DMCC Free Zone authority and obtains initial approval, usually within one to two working days. This is also the point at which we answer any question specific to opening a crypto or blockchain company in the UAE as a Russian founder.

3. 
   Step 3

   Document submission and payment

   You sign the application forms and memorandum, we submit the attested documents and the licence fee is paid to the registrar.

4. 
   Step 4

   Licence issued and next steps

   DMCC Free Zone issues the licence, incorporation certificate and lease; from there we open the establishment card, process visas and arrange your bank introduction. Your portal shows the status of this step for opening a crypto or blockchain company in the UAE as a Russian founder in real time.

Documents required

Day to day, for opening a crypto or blockchain company in the UAE as a Russian founder the authority asks for the following documents, and we tell you exactly how each must be formatted.

• The UAE entry stamp or visa page if you are already in the country
• A passport-size photograph on a white background
• Attested parent-company documents and a board resolution if the shareholder is a company
• A clear passport copy for each shareholder and manager, valid for at least six months
• Business plan
• Educational certificates attested by the Russia authorities and the UAE embassy, for professional activities

Pricing

Pricing for opening a crypto or blockchain company in the UAE as a Russian founder depends on the package you choose; every option below includes GoldenKey's service and the government fees stated. Crucially, the figures below for opening a crypto or blockchain company in the UAE as a Russian 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

English is the working language of business, contracts are routinely drafted in English, and government portals are bilingual, which simplifies opening a crypto or blockchain company in the UAE as a Russian founder for international founders. 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 Russian founder no longer requires a local partner.

Why GoldenKey

As a rule, our quotations for opening a crypto or blockchain company in the UAE as a Russian founder list every government fee and our service fee on one page, in writing, before you pay anything. As we tell every client, most of our DMCC Free Zone clients come to us through referrals from other founders, which is why we take pride in keeping every promise we put in writing. On the ground, we will tell you plainly if DMCC Free Zone is not the right choice for your plan and point you to a better option, even when that option costs less.

Frequently asked questions