Frequently Asked Questions
Yes, Startable has established special relationships with local banking partners to ensure your company can get an operational bank account through a quick and convenient process.
There are no personal capital gains tax for selling crypto. Another benefit of moving your company to the UAE.
Yes. Startable accepts crypto payments in ETH, USDT, USDC, BTC and many other currencies.
Most forms of cryptocurrency companies are supported by freezone licenses across the UAE from NFT, blockchain services, prop trading, mining and even digital ledger technology services.
Most companies are supported under specialised crypto freezones, however companies dealing in the brokerage, custody, or exchange of fiat to cryptocurrency will require a much more costly and complex setup as it falls under regulated activites.
From our first intro call to being fully up and running in the UAE, the process typically takes only 3 weeks. Our team on the ground will prepare everything to save you time and money.
Following a recent ruling by the UAE courts, crypto is recognized as a valid form of salary. This ruling has not yet made it's way to the national cryptocurrency guidelines however.
This only applies to salaried employees in the UAE. Companies can pay independent contractors offshore in cryptocurrency without issue
As of now your company cannot take crypto payments directly from individuals or other business in the UAE, unless accepted in a UAE backed stable coin.
Freezone companies (likely you), however can accept crypto payment from other freezone companies and individuals outside of the UAE.Startable has partnerships with several local exchanges and OTC services and can assist you in setting up an on off ramp for your companie's operational needs.
White glove services that grow your business
Obtain Crypto specific business licences
We assist your business through the registration process of various licensures for cryptocurency
Personal & Business Bank Acount Setup
We set up your multi-currency bank account connected with the global financial system - with AED, USD, and EUR support
Crypto payments
Setup process for Invoicing customers in crypto. Further, legally pay your employees abroad in cryptocurrency.
Tax registration and advisory
Minimize your personal tax exposure and utilize our services for compliant tax registration.
UAE Residency & Green or Golden Visa
We advise you on the proper visa and process all registration to save you time and money.
Accounting & auditing service
Outsource your accounting to our preferred partners with crypto specific knowledge
OTC Services
Open an exchange account in your business name for OTC trading and treasury management
Global partnerships and talent
Hire employees with a competitive edge by offering salaries with 0% income tax
Commercial Mail Receiving Agency
Utilize our Commercial Mail Receiving Agency to register your company at a globally prestigous address
Preferred Payment Gateway Access
Gain access to bank and card payment gateways that are PCI & DSS compliant with high global acceptance rates
Freelance Visa
Work a sole proprietor and get a freelance visa with our hassle-free service. A simple, low-cost structure with full control and flexibility.
Merchant of Record Service
Simplify business payments with our Merchant of Record service. We manage your global transactions, tax compliance, and risk, so you can focus on growth while we handle the complexity.
White glove services that grow your business
Let's get in touch
© 2023 by Startable FZCO
info@Startable.ae
Tel: +971 4 295 6692
Info@startable.ae
Dubai Silicon Oasis, UAE
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