Virtual Assets · Code 6619104

Crypto Fund Management License UAE

ISIC classification: Other activities auxiliary to financial service activities (6619)

Typically requires Designated Zone status for VAT purposes

About this activity

Establishes and manages pooled investment funds that hold cryptocurrencies and other digital assets on behalf of subscribing investors.

Regulatory requirements

Requires external approval — Virtual Assets Regulatory Authority (VARA) (Dubai) / Securities & Commodities Authority (SCA) (other Emirates)

100% foreign ownershipYes

Facility requirementLicensed VARA/SCA-Compliant Office with Cybersecurity & Risk Controls

Market Analysis

Same VARA Management and Investment Services license as Crypto Asset Management and three other codes elsewhere in this dataset. AED 100,000 application, AED 200,000/year supervision.

"Fund Management" specifically implies pooled-vehicle structures (a fund with multiple investors) rather than individually managed accounts — VARA's category covers both, but a fund structure typically brings additional obligations (fund administration, NAV calculation, investor reporting) beyond the VARA license itself, adding real operational cost on top of the regulatory fee.

Dubai-only in practice; 100% foreign ownership applies.

Available in: . A detailed per-emirate fee breakdown isn't published for this activity yet — check back soon, or get a scored recommendation for your specific business below.

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