The business deals in virtual assets. The regulator must see the perimeter.

• You are launching or running a virtual-asset business: an exchange, a broker, custody, an issuer.
• The activity falls within VASP licensing, but the perimeter and the regime are not defined.
• You want to stand within a recognised regime (VARA in Dubai, for instance) — but do not know what, precisely, the regulator will ask.

What the House does

A VASP (virtual asset service provider) is a business providing services in virtual assets; VARA is Dubai’s virtual-assets regulator. The House determines which regime your activity falls under and prepares it for licensing. Where a licensed applicant is required, the House introduces the best specialist partners and holds the overall structure and the tax position.

• A map of the activity: which VASP category you fall under, and in which jurisdiction.
• The choice of regime — VARA or another recognised perimeter — for your model.
• The corporate structure of the applicant and the holding companies.
• The introduction of specialist licensing and compliance partners for the filing.
• The group’s tax position, aligned with the residence of the beneficiaries.

What you get: a map of the activity and the VASP category · the chosen regime for your model · the corporate structure of the applicant · the introduction of specialist licensing partners · a memo on the group’s tax position, 15–25 pp.

What worries you — and the House’s answer

• “The regulator will ask for what we’re not ready for.” — The House defines the perimeter and the composition of the filing in advance, by the VASP category and the chosen regime.
• “Anyone will take on the licence, and there’ll be no coherence.” — The House introduces specialist partners and holds a single structure and tax position over them.
• “There’ll be a licence, but the group’s tax will fall apart.” — The position of the beneficiaries and their residence are built into the mandate from the very start.

Where this leads

The business stands within a recognised regulatory perimeter, the filing is prepared and carried by specialist partners, and the group structure and the tax position of the beneficiaries are brought together as one. The regulator sees a legible perimeter, not guesswork.