Approvals & Compliance

VARA Virtual Asset Licensing

The Virtual Assets Regulatory Authority licenses virtual asset activities across mainland Dubai and its free zones, outside DIFC. We scope your activities against the VARA activity list, prepare business plans, policies and compliance manuals and manage the application and regulator queries, working with your legal and technology advisers.

Fixed fee in your written proposal
VARA Virtual Asset Licensing with Emiracle Advisory in the UAE
Phased planTypical timeline

Who it is for

Built for your situation.

Dubai VARA licensing for virtual asset service providers.

Exchanges and broker-dealers
Custodians and wallet providers
Token issuers and advisory firms
Payment and transfer businesses using virtual assets

What is included

Everything handled, end to end.

Activity scoping

Advisory, broker-dealer, custody, exchange, lending, management, transfer and issuance.

Business plan

Plan and financial projections for the regulator.

Policies and manuals

AML, CFT, risk, governance and compliance manuals.

Fit and proper files

Documentation for key individuals.

Application management

Submissions, queries and approval conditions.

Commercial licence

Licence with the relevant licensing authority.

How it works

The process, step by step.

1

Readiness review

Activities, capital and team assessed.

2

Documentation

Plan, policies and personnel files.

3

Submission

Application filed and queries answered.

4

Approval conditions

Conditions satisfied before full licence.

5

Operational

Licence issued and compliance calendar set.

Documents you will need

  • Shareholder and UBO documents
  • Business plan and financial projections
  • AML, CFT and risk frameworks
  • Technology and cybersecurity overview
  • CVs of key individuals

Timeline

Timelines depend on the activities and regulator review. We give a phased timeline in your proposal.

Updates at every stage

Fees

Fixed fee, quoted in writing

Government fees are passed through at cost and shown separately on your proposal. Prices as of October 2026 and confirmed in your written proposal.

Questions

VARA Virtual Asset Licensing FAQ.

Still unsure? Ask an advisor and get an answer in writing.

No. Virtual asset activity in DIFC is regulated by the DFSA, and in ADGM by the FSRA.

Yes. We coordinate the commercial licence with the licensing authority alongside the VARA process.

Free consultation

Start your vara virtual asset licensing.

Tell us what you need. An advisor replies within one working day with the route, documents, timeline and a fixed fee.

  • Reply within one working day
  • Written proposal with every fee shown
  • Boulevard Plaza, Downtown Dubai or online
WhatsApp +971 52 185 3005
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