i. All companies planning to undertake Virtual Assets related activities in the Emirate of Dubai, are required to complete this Initial Disclosure Questionnaire ("IDQ") in its entirety and submit it to Dubai’s Virtual Assets Regulatory Authority (“VARA”).

ii. Prior to commencing this questionnaire, please ensure you have read through and familiarised yourself with the relevant regulations, guidelines and Rulebooks: for your convenience they are accessible at https://rulebooks.vara.ae/

iii. Please also refer to and review in detail the definitions of all VARA regulated VA Activities. For your convenience, they are accessible at https://rulebooks.vara.ae/rulebook/schedule-1-va-activities

iv. Please also refer to and review in detail, the supervision and authorization fees associated with each VARA regulated VA Activity: for your convenience they are located at: https://rulebooks.vara.ae/rulebook/schedule-2-supervision-and-authorisation-fees

v. Please note that only submissions (including supporting documents and attachments) in English will be the only accepted language at this stage.

لن تُقبل إلا اللغة الإنجليزية في هذه المرحلة

vi. Capitalised terms used but not defined herein shall have the same meaning ascribed to them in the relevant rulebooks published by VARA.

vii. Please note that partial or incomplete submissions, including submission of non-relevant documents and information may lead to your application being rejected.