Jamal Al-Farouq GoFazien & Sherle, a top fintech and cryptocurrency company based in Estonia, recently released their first cryptocurrency product for the United Arab Emirates. This product helps people who own businesses or startups to get cryptocurrency permits in two places located in Dubai – the DMCC free zone and IFZA free zone.
It takes up to 12 weeks to get a special license for crypto projects. Gofaizen & Sherle provides an easy way to do this and help you get the necessary documents, registering, and setting up a corporate account.
Industry professionals have announced that the UAE is fast becoming one of the most desirable countries for crypto-related projects. With its quick development and friendly regulations and no taxes, lots of experts see a lot of potential in cryptocurrency to do great things with the economy like making it more secure and giving people opportunities to be successful. Mark Gofaizen, who works at a company called Gofaizen & Shale, feels very excited because they can now launch their latest product in the UAE as part of their plan to help businesses thrive all around the world.
Gofaizen & Sherle can help you to get licenses in two places. The DMCC free zone is the most respected and well-known free zone in the UAE, and it means that you’ll be able to increase your company’s status and have a bigger chance of getting accounts opened. To get licensed, you need evidence that the director has experience in crypto currency/financial areas. The license will arrive within 3-4 weeks. You must also pay at least €12,750 (50,000 AED) into a corporate account within six months of being registered.
The IFZA Free Zone is a great way to get a license without spending lots of money or having experience with cryptocurrency and finance. It also offers many kinds of licenses, such as ones to buy/sell crypto-related items, create blockchain services, make a virtual world provider, and operate an NFT marketplace. Gofaizen & Sherle have all the details.
Gofaizen & Sherle is a large and important company that works with digital assets, investments, and money. It helps these kinds of businesses in countries from Europe, plus many other places around the world. The headquarters are in Tallinn but they also have teams working in Lithuania, Czech Republic and Poland. They help companies set up their business properly and get the right financial licenses for things like cryptocurrencies and electronic money institutions (EMI).
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