Get Your VARA License Lead in Dubai's Virtual Assets Market
SecureVisa helps you secure a VARA license, providing expert guidance to launch your crypto or blockchain business in Dubai’s regulated virtual assets market with full compliance.
SecureVisa helps you secure a VARA license, providing expert guidance to launch your crypto or blockchain business in Dubai’s regulated virtual assets market with full compliance.
Set up your business under VARA's licensing framework and establish yourself in Dubai’s leading virtual assets hub. Secure your VARA Business License today and thrive in the city’s cutting-edge digital economy.
We offer end-to-end assistance for your VARA license application, including filling out forms, submitting documents, responding to inquiries, and liaising with VARA until your license is approved.
We review your business model, policies, and procedures to ensure alignment with VARA’s regulatory framework. Our experts provide guidance on how to meet regulatory standards and prepare your application for success.
We help you develop and review key policies such as Anti-Money Laundering (AML), data privacy, and cybersecurity to ensure your virtual assets business complies with VARA's strict regulatory requirements.
We prepare you for interactions with VARA, offering mock interview sessions, strategic coaching, and detailed feedback to help you approach regulatory meetings with confidence and professionalism.
Once your VARA license is secured, we continue to support your business by providing ongoing compliance checks, updates on regulatory changes, and advice on maintaining adherence to VARA regulations.
We help identify potential risks to your business and provide strategies to mitigate them, ensuring your operations remain fully compliant with VARA’s guidelines and industry best practices.
Established in March 2022, following the effect of Law No.4 of 2022, VARA is the competent entity in charge of regulating, supervising, and overseeing VAs and VA Activities in all zones across the Emirate of Dubai, including Special Development Zones and Free Zones but excluding the Dubai International Financial Centre. VARA plays a central role in creating Dubai's advanced legal framework to protect investors and establish international standards for Virtual Asset industry governance, while supporting the vision for a borderless economy. Dubai’s Virtual Asset Regulatory Authority (VARA) has issued its Virtual Assets and Related Activities Regulations 2023. The Regulations set out a comprehensive Virtual Asset (VA) Framework built on principles of economic sustainability and cross-border financial security. The UAE has remained committed to enabling these drivers safely, updating its oversight and regulatory approach, addressing global risks of money laundering (ML) and terrorist financing (TF), arising from the potential misuse of new technologies. The VA Framework is structurally designed to offer regulatory certainty – allowing the market to have greater clarity on the expected level of operator responsibility. It also mandates gold-standard risk assurance and Anti-Money Laundering (AML) standards to be applied by licensed entities within the Emirate.
A VARA license allows businesses to operate legally in Dubai’s virtual assets sector, including activities like crypto exchanges, NFT platforms, and blockchain-based solutions, under the regulation of the Virtual Assets Regulatory Authority (VARA).
To apply for a VARA business license, you must submit your business plan, company documents, and relevant details through the VARA portal. SecureVisa can assist with the entire process, from preparing documents to ensuring compliance.
VARA offers licenses for various virtual asset activities such as crypto trading platforms, custody services, payment services, and token issuance. Each license is tailored to different business models in the virtual asset space.
The timeline to obtain a VARA license can vary based on the type of license and complexity of the business, but most approvals occur within 4-8 weeks with a well-prepared application.
The cost of a VARA license depends on the type of virtual asset services you provide and the size of your business. VARA offers various pricing options based on business activities and scale.
A VARA license enables you to legally operate in Dubai’s rapidly growing virtual asset market, providing credibility, regulatory compliance, access to financial infrastructure, and the opportunity to engage in crypto, blockchain, and virtual asset activities.
Yes, foreign investors and businesses are eligible to apply for a VARA license. Dubai encourages international participation in its virtual asset sector, offering a robust regulatory environment for foreign entrepreneurs and companies.
To apply for a VARA license, you’ll need to submit a business plan, identification, proof of business registration, financial statements, and any additional documents related to your virtual asset activities.
Yes, VARA provides support for crypto startups and fintech companies through a clear regulatory framework designed to foster innovation, ensuring they can operate securely within Dubai’s virtual asset market.
VARA is at the forefront of Dubai’s virtual asset sector, providing a regulated environment that promotes innovation in crypto, blockchain, and digital assets. It ensures businesses can thrive in one of the world’s most advanced financial hubs.
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