Cabinet Resolution No. (83) of 2025 concerning the Fees for Services Provided to Virtual Asset Service Providers

Cabinet Resolution No. 83 of 2025 · UAE Federal · in force

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§Preamble

Cabinet Resolution No. (83) of 2025 concerning the Fees for Services Provided to Virtual Asset Service

Providers The Cabinet:

Having perused:

-The Constitution;

-Federal Law No. (1) of 1972 concerning the Competencies of Ministries and Powers of Ministers, as amended;

-Federal Law No. (4) of 2000 concerning the Emirates Securities and Commodities Authority and Market, as amended;

-Federal Decree-Law No. (26) of 2019 on Public Finance, as amended; -Cabinet Resolution No. (111) of 2022 concerning Regulating Virtual Assets and the Related Service Providers; and

- Based on the proposal of the Minister of Finance, as approved by the Cabinet. Has resolved:

§Article 1 — Service Fees

1. The Securities and Commodities Authority (SCA) shall collect fees for the service of registering virtual asset service providers licensed by the local licensing authority, as specified in the table below next to each service.

Fee in (AED) Service Annual Registration Registration Registration

Renewal Cancellation Registration of virtual asset service providers licensed (3000) (1500) (1000) by the local licensing authority.

2. With the exception of the virtual asset service providers licensed by the local licensing authority, the SCA shall collect fees for services it provides to the virtual asset service providers as specified in the table below next to each service.

Fee (AED) Activity License License Annual License License Application Issuance Renewal Cancellation Virtual Asset (10,000) (450,000) (220,000) (10,000) Platform

Operator.

Virtual Asset Platform Operator if it carries out all

(10,000) (525,000) (275,000) (10,000) the activities of a virtual asset service provider.

Virtual Asset

(5,000) (75,000) (55,000) (1000) Custodian Virtual Asset (5,000) (75,000) (55,000) (1000) Broker

3. The local licensing authority, after coordination with the Securities and Commodities Authority, shall issue the fees due to it for providing its services to licensed virtual asset service providers.

4. The fees stipulated in this resolution shall be collected for services provided as of the date of its entry into force. The SCA shall collect fees for its services provided during the period from the date of entry into force of the above- mentioned Cabinet Resolution No. (111) of 2022 until the date of entry into force of this Resolution.

§Article 2 — Fee Amendment

The Cabinet shall have the authority to make any amendments to the fees stipulated in this Resolution, whether by adding, deleting, or modifying them.

§Article 3 — Fee Collection

The SCA shall collect the fees stipulated in this Resolution through the means determined by the Ministry of Finance.

§Article 4 — Publication and Entry into Force

This Resolution shall be published in the Official Gazette and shall enter into force from the day following the date of its publication.

Mohammed bin Rashid Al Maktoum

Prime Minister

/sealed by the Cabinet/ ___________________ Issued by us:

Date: Dhu al-Hijjah 20th, 1446 AH

Corresponding to: June 16th, 2025 AD

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← Record: VASP Fees (Cabinet Resolution 83/2025)
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