Press release
PRESS RELEASE. Tallinn, Estonia – Gofaizen & Sherle, a leading Estonian-based fintech and cryptocurrency consulting firm, recently launched its first cryptocurrency product for the United Arab Emirates (UAE). The product is designed to help businesses and start-up owners obtain crypto licenses in two key zones in the UAE: DMCC Free Zone and IFZA Free Zone, both located in Dubai.
The licensing procedure takes up to 12 weeks and includes the collection of all necessary documents, registration and opening of a corporate account. Gofaizen & Sherle’s product offers a clear and easy way to obtain a cryptographic license for any project.
According to industry insiders, the United Arab Emirates is fast becoming one of the most attractive jurisdictions for crypto projects. With its accelerated development and business-friendly regulations and tax regimes. We believe that the crypto industry has the power to transform the economy and create new value for a more efficient and secure business environment,” he says. Mark Gofaizen, Senior Partner, Gofaizen & Sherle. “That is why we are delighted to launch our latest product in the United Arab Emirates, as part of our global strategy to help businesses grow and prosper around the world.”
Gofaizen & Sherle can help you get licensed in two key jurisdictions. DMCC Free Zone is the reputable and prestigious free zone in the United Arab Emirates, offering higher company status and better opportunities to open an account. The licensing procedure requires confirmation of the director’s experience in the financial/crypto currency field, and the time frame for obtaining the license is 3-4 weeks. The minimum share capital requirement of AED 50,000 (€12,750) must be submitted to the corporate account within six months of registration.
The IFZA free zone is a cheaper and faster way to obtain the license, without the need to deposit share capital or demonstrate previous experience in cryptography and finance.
The product offers different types of licenses, including buying or selling crypto products, providing services based on blockchain as a technology, creating a metaverse service provider, or an NFT marketplace.
About Gofaizen & Sherle
Gofaizen & Sherle is a leading business and legal consultancy for digital asset oriented companies, investment funds and financial organizations focused on EU markets as they expand globally. Its headquarters are in Tallinn with representative offices in Lithuania, the Czech Republic and Poland. The company’s scope of services includes company registration, business strategy development, and financial licensing, including crypto business, EMI, and other types of licenses.
This is a press release. Readers should do their own due diligence before taking any action related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
image credits: Shutterstock, Pixabay, Wiki Commons
