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Crowd funding in the UAE

I am a college student in the UAE. I have been thinking about developing a free-to-play video game that will be freely distributed on the internet, anonymously. I have also thought about following many such creators' paths in opening an account at Patreon.com to accept crowdfunding and donations.

What legal ramifications could such actions have?

Jennifer Arkhurst

Arkhurst & Abdellah Solicitors

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11 Jan 2017, 13:33

Crowd funding is technically not legal in the UAE as there are no laws legislated to monitor this type of fundraising. To my knowledge, the companies that operate in this sphere are incorporated abroad and not in the UAE.

For further information and guidance, contact Dubai SME.

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