RAK DAO Freezone Business Setup
Description
RAK Digital Assets Oasis is a vibrant hub ready to nurture and support future-oriented and visionary projects. Starting and running a business in RAK DAO freezone brings some exclusive and exciting benefits to entrepreneurs and innovators, including:
1. Broad range of activities:
There are around 170 business activities from which businesses can choose which includes digital assets, Web-3, metaverse, artificial intelligence, gaming, computer systems and many more.
2. Strategic location:
RAK DAO features a strategic geographic location, acting as a bridge between the West and the East. This makes access to international markets easy for those looking to expand on global scale.
3. 100% ownership:
Foreign entrepreneurs get to enjoy 100% ownership of their businesses. They get full control and profit repatriation rights, without depending on local sponsor.
4. Tax benefits:
Firms operating in RAK Digital Assets Oasis benefit from favourable corporate and zero personal tax rates. This helps businesses retain more of the profits earned.
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