Fintech licensing in Dubai (VARA)
In Dubai (VARA), fintech and crypto licences are issued by the Virtual Assets Regulatory Authority (VARA). The Atlas covers 7 licence types there, in one family: virtual asset service provider. Each licence page lists its legal basis, fees and decision period with sources.
Financial regulators in Dubai (VARA)
Fintech licences available in Dubai (VARA)
Virtual asset service provider (non-MiCA)
- VASP · Dubai (VARA)
Virtual Asset Advisory Services Licence
VARA
- VASP · Dubai (VARA)
Virtual Asset Broker-Dealer Services Licence
VARA
- VASP · Dubai (VARA)
Virtual Asset Custody Services Licence
VARA
- VASP · Dubai (VARA)
Virtual Asset Exchange Services Licence
VARA
- VASP · Dubai (VARA)
Virtual Asset Lending and Borrowing Services Licence
VARA
- VASP · Dubai (VARA)
Virtual Asset Management and Investment Services Licence
VARA
- VASP · Dubai (VARA)
Virtual Asset Transfer and Settlement Services Licence
VARA
Main laws
- Law No. (4) of 2022 Regulating Virtual Assets in the Emirate of Dubai: Law No. (4) of 2022
- Virtual Assets and Related Activities Regulations 2023: Virtual Assets and Related Activities Regulations 2023
Path to market
Start by mapping the activities you plan to offer onto the licence types above; the activity pages show which licence permits each one. VARA offers pre-application meetings, an innovation hub and a regulatory sandbox; the regulator page explains how to use them. The application goes to VARA, together with the capital, governance and AML documentation the licence page lists.
Getting licensed in Dubai (VARA)
Protegra handles licensing in Dubai (VARA) end to end: crypto licensing in Dubai (VARA).
Need this licence, or a different one?
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