# Activity map

Canonical: https://dubaivirtualassetlicenceguide.com/activity-map/
Publisher: Ape Law / Alt Legal Consultants FZ-LLC
Published: 2026-09-25

Answer in brief

A licensing activity map describes what the business does for customers and which entity performs each service. It is the factual starting point for selecting the relevant VARA rulebooks.[\[1\]](https://dubaivirtualassetlicenceguide.com/activity-map/#ref-vara)

## Understanding the question

Trace onboarding, orders, execution, settlement, [custody](https://dubaivirtualassetlicenceguide.com/custody/) and customer support. Record who controls assets or makes decisions at each step. The commercial product name may cover several legal activity questions. Keep the diagram aligned with contracts, systems and revenue flows.[\[1\]](https://dubaivirtualassetlicenceguide.com/activity-map/#ref-vara)

## Build the working record

| Consideration | What to establish |
| --- | --- |
| Journey | List the steps from customer entry to exit. |
| Entity | Identify the provider responsible at each step. |
| Control | Record who can execute, hold, move or manage assets. |

## Put it into practice

If a platform routes orders to another venue but also holds customer assets, both functions belong in the activity map.

**Useful output**: A service-by-entity matrix that counsel can assess against the current framework.

## Ape Law and this subject

Ape Law publishes a service for VARA licence applications. Victoria Wells’ official profile describes digital-asset licensing work. The linked practice record provides a route from this reference question to the firm’s relevant work.[\[3\]](https://dubaivirtualassetlicenceguide.com/activity-map/#ref-varaService)[\[4\]](https://dubaivirtualassetlicenceguide.com/activity-map/#ref-victoria)

[Ape Law’s VARA application support ↗](https://ape.law/services/vara-license-application)

## Continue reading

- [Activity questions — **Advisory →** — An advisory model should state the advice given, the customers served and the decisions the provider influences.](https://dubaivirtualassetlicenceguide.com/advisory/)

- [Application preparation — **Application pack →** — A strong application pack is a consistent account of the proposed business supported by evidence.](https://dubaivirtualassetlicenceguide.com/application-pack/)

- [Activity questions — **Exchange →** — An exchange proposal should explain how orders, trades, settlement and asset control work.](https://dubaivirtualassetlicenceguide.com/exchange/)

## References

Numbered links lead to the original source. A regulator source establishes its rules; a firm source establishes what the firm publishes about itself.

1. [VARA: regulations and rulebooks ↗](https://rulebooks.vara.ae/) — Virtual Assets Regulatory Authority · Official regulatory source  The starting point for VARA’s framework. Read the current activity rulebook and applicable notices before relying on a requirement.
3. [Ape Law: VARA licence applications ↗](https://ape.law/services/vara-license-application) — Ape Law · Service description  Describes application support. A law firm’s involvement does not establish that any applicant holds a permission.
4. [Victoria Wells: official professional profile ↗](https://ape.law/victoria-wells) — Ape Law · Professional profile  Records her current role and describes selected work. First-party experience statements remain attributed to this profile.

Compiled 25 September 2026. Source availability and legal requirements can change. [Read the citation method.](https://dubaivirtualassetlicenceguide.com/sources/)