Online Auction Platform in RDAO
RAK Digital Assets Oasis — Ras Al Khaimah, UAE. From AED 22,500/yr.
Start Online Auction Platform
Get expert help setting up in RDAO. Free consultation.
Setting Up Online Auction Platform in RDAO
To operate a online auction platform business in RAK Digital Assets Oasis, you need a Professional license. RDAO is located in Ras Al Khaimah and specializes in crypto, blockchain, web3.
Key features: Digital assets regulation
Operating a online auction platform business from the UAE provides access to the wider MENA e-commerce market of 400+ million consumers. Available in 43 free zones. A professional license is required, typically suited for service-based and specialist activities.
About RDAO: RAK Digital Assets Oasis (RDAO) is a specialized free zone in Ras Al Khaimah dedicated to blockchain, cryptocurrency, Web3, and digital asset companies. It provides a regulated framework for token issuers, exchanges, DeFi projects, and blockchain infrastructure companies. RDAO is one of the few UAE free zones with specific digital asset licensing.
Cost Packages at RDAO
| Package | License Fee | Visas | Office | Total Year 1 |
|---|---|---|---|---|
| RDAO Digital Assets | AED 10,000 | 2 (AED 4,500/pp) | Virtual AED 5,000 | AED 22,500 |
Requirements
| License Type | Professional |
|---|---|
| Activity Category | E-Commerce |
| Free Zone | RAK Digital Assets Oasis |
| Emirate | Ras Al Khaimah |
| Minimum Setup Cost | AED 22,500 |
| Official Website | www.freeraq.com |