Mark Tewkesbury, FCCA ACII on LinkedIn: Conducting your #tokensale - Gibraltar 🇬🇮 or Dubai 🇦🇪? I have… (2025)

Dubai Financial Services Authority Revises Rules on Crypto-Tokens for Investment Funds 🌟📈The Dubai Financial Services Authority (DFSA) has revised its rules on crypto-tokens for investment funds. Key changes include allowing domestic qualified investor funds to invest up to 10% of their assets in unrecognized tokens and reducing the token recognition fee from $10,000 to $5,000. These updates aim to foster innovation while maintaining regulatory standards. DFSA CEO Ian Johnston highlighted the commitment to responsible and transparent innovation.#crypto #investment #regulation #dubai #finance #innovation

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Given that Dubai and Abu Dhabi-based firms have historically been very active in the crypto sphere, their legal and compliance teams should be closely monitoring the new EU and UK crypto regulatory changes and may need to apply for a license. In this article, Vlad Maly, Renate Prinz and Michal Chajdukowski outline all that Dubai and Abu Dhabi firms need to know to ensure they are staying compliant when working with EU and UK clients on crypto matters.

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Why I wrote FinTech Arabia coupled with a few stats that make it the perfect place for investments.- The UAE is the #1 holder of crypto (relative to the overall population).- Egypt’s Fawry is ranked as one of the top 40 most innovative payment firms worldwide (according to CNBC & Statista).- Saudi Arabia held the fastest economic growth rate among all G20 countries in 2022.#payments #fintech #egypt #ksa #uae

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UAE Corporate Tax & CryptoWhether trading in crypto would be taxed in UAE?Well in real terms, if you are a frequent trader then it may be termed as doing business and corporate taxes could apply on such profits. Corporate taxes are also applicable to natural persons doing business and therefore it should not be perceived that it’s applicable only to Corporates. It’s important to evaluate on case to case basis on applicability of taxes on such income or transactions. There are many individuals doing business globally and also trading in crypto and other securities and therefore it becomes crucial to evaluate before concluding if your such income would classify as Passive or Active.#uae #emirates #corporatetax #taxes #trading #crypto #exchanges #cryptotax #equity #incometax #dubai #dubaitax #uaetax

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The Counsel Services - TCS#VARA’s influence only covers the Emirate of Dubai; the remaining #UAE and the Dubai International Financial Centre do not fall under its scope.Additionally, VARA does not explicitly mention the regulation of Non-Fungible Tokens (NFTs) in any of its Rulebooks. The VARA framework consists of 13 Rulebooks, downloadable content on the Regulatory on Marketing Advertising and Promotions related to Virtual Assets, and penalties for non-compliance. https://rulebooks.vara.ae/The end goal of VARA is to provide a level playing field for financial institutions and VASPs across the Emirate and leverage itself as a global hub for all crypto investors, businesses, and related fintechs. 💼The Counsel Services - TCS💼🌟🌍We offer a wide range of legal services, including company #establishment, corporate structuring, commercial contracts, ongoing advisory, growth and expansion support, regulatory assistance, compliance functions, regulatedset-ups, Web3 and virtual asset services, crypto community building, technicaland operational support, market access guidance, intellectual property services,#visa assistance, and real estate advisory. Our team provides comprehensivelegal solutions to ensure compliance, mitigate risks, and drive #success for our #clients.💪Website: info@thecounselservices.comEmail: henzie@thecounselservices.comHenzie HealleydParastu AghaiFollow for more: https://lnkd.in/gZ5dcZ5UStay tuned & Subscribe to our YouTube Channel: https://lnkd.in/dE8jtT6S#TCS #TheCounselServices #goingplaces #getlegal #weareyourfirm #looknofurther #youllbehappywithus #wehaveitall #corporatetax #compliance #regulationsintheUAE #legalconsultancyintheUAE #TCS #TheCounselServices #makeitmakesense #corporaterestructuringiskey #legalwaysofdoingthings #web3 #crypto

Adv. P.M. Mishra explains why obtaining a #VARAlicense in the UAE is a time-consuming process. He points out that it involves navigating through strict rules and dealing with extensive paperwork. Mr. Mishra acknowledges that while it might seem daunting, the thorough checks and procedures are crucial to ensuring the credibility and reliability of businesses operating within the UAE's jurisdiction. They make sure businesses in the UAE are dependable. Although it takes time, it's necessary for keeping everything safe and secure, especially in important areas like finance and technology. Stay tuned for expert guidance on navigating through strict regulations...#finjuris #VARAlicense #UAEregulations #UAE #RegulatoryProcess #cryptoexchange #PMMishraTalks #VARA #DigitalAssetLicensing #VaraLegalities #Cryptolicense #UAEVaraLicense #UAECompliance #VaraLicenseProcess #FinanceSafety

Who read our latest blog on the UAE and Dubai's crypto regulations?Don't worry if you didn't! While the country has lots of legislative nuances, here is an overview of the regulatory functions of the Virtual Assets Regulatory Authority [VARA] of Onshore Dubai.If you find this interesting, the link to the blog is in last week's post (or in the comments section of this one!)#DubaiCryptoRegulations #UAE #Regulation #Compliance #AML #KYC

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Introducing CFC MENA: Your Partner in Virtual Asset Licensing, Regulatory Compliance, and Strategic Advisory Services.We are a boutique consultancy committed to guiding firms through the intricacies of the digital asset landscape. We do not just advise; we empower firms to thrive in the evolving ecosystem of the Middle East. Headquartered in Dubai, we streamline the process of obtaining regulatory licenses, ensuring you achieve compliance with confidence and ease. We craft bespoke strategies to help you navigate frameworks with precision and foresight.Our team combines deep industry expertise with an expansive network, ensuring that whether you are a start-up laying your foundation or an established firm looking to break new ground, you are not just meeting the standards — you are setting them.By partnering with us, you are choosing a path of strategic growth and unparalleled market positioning. Let's connect and explore how CFC MENA can elevate your business in the region's dynamic digital asset market.#CFCMENA #Dubai #DigitalAssets #RegulatoryExcellence #StrategicGrowth #MiddleEastAdvisory #BusinessInnovation #Crypto #Licensing #VARA #VirtualAssetRegulatoryAuthority #FinTech #Consulting #CFC

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