Regulatory Bodies
Primary Legislation
| Law / Regulation | Year | Scope |
|---|---|---|
| VARA Regulations | 2023 | Virtual asset service provider licensing |
| ADGM FSMR | 2018 | Financial services in Abu Dhabi Global Market |
Licensing Requirements
vasp
VARA license (Dubai) or FSRA license (ADGM) depending on jurisdiction
custody
Separate custody authorization required
exchange
Exchange license from VARA or FSRA
Travel Rule
Adopted — Threshold: AED 3,500
Tax Reporting
No personal income tax; 9% corporate tax (introduced 2023)
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