ONE OF THE BEST AND MOST
COST-EFFECTIVE DESTINATIONS
FOR OFFSHORE BUSINESSES; RAK FREE ZONE!

RAK

RAK Free Zone Business Setup - RAK Free Zone Company Formation

RAK FREE ZONE BUSINESS SET UP – RAS AL KHAIMAH FREE ZONE PACKAGES

A- LOCAL FEES TABLE

Type of License:

A license depends on the RAK Freezone company’s activity and is required to conduct this activity. The following below is the RAK Free Zone Company Setup Cost. The costs include the registration and License costs for Setting up a business in the Ras Al Khaimah Free Zone area.

1st Year

Subsequent Year

Consultancy License
A: FZE  – 1 shareholder : sole ownership
 B: FZ-LLC –  at least 2 shareholders : partnership

A : AED 15,500
B : AED 20,000

AED 9, 000

General Trading License
 A: FZE  – 1 shareholder : sole ownership
B: FZ-LLC  – at least 2 shareholders : partnership

A : AED 24,500
B : AED27,000

AED 16,000

Trading License
A: FZE  – 1 shareholder : sole ownership
B: FZ-LLC –  at least 2 shareholders : partnership

A : AED 19,500
B : AED 22,000

AED 11,000

Commercial License
 A: FZE  –  1 shareholder : sole ownership
B: FZ-LLC  –  at least 2 shareholders : partnership

A : AED 16,500
B : AED 20, 500

AED 9, 250

Start Up  (Consultancy-Trading-Commercial licenses only) : no facility is required
 C : Start up business – 0 visa
 D : Micro business – 1 visa
 E : Small business – 2 visas

C : 15,000
D : 17,000
E : 20,000

C : 15,000
D : 17,000
E : 20,000

Office Facility :

An Office is required to be granted a license. The number of visas will depend on the type of license and the rented space. One visa is granted per 50sqft.

Size (sqm)

1st Year

Subsequent Year

Physical Office

AED 16,000 +

AED 16,000 +

Miscellaneous Documents :

To register in Residency Department an Establishment Card is required.

1st Year

Subsequent Year

Establishment Card

AED 1300

Po Box

AED 900

Visas:

Visas are valid for 2 years. Cost of each visa varies from the location of the applicant, whether application is inside or outside UAE. A Bank Guarantee Deposit is not required. Tourist visa holder must apply outside the country.

1st Year

Subsequent Year

Visa inside country 

AED 4, 300

Visa outside country

AED 3, 900

Guarantee Deposit per visa

Medical test and ID

AED 1,300

B- PROFESSIONAL FEES TABLE

Our Professional Packages are(contact us for fees schedules):
Bronze Package

 

Initial Approval – Registration – Licensing –
Flexi Desk Arrangements
Silver Package:

 

Same as Bronze Package
+
Corporate Advisory (Up to 2 hours)
Board Resolution – Audit Appointment Letter
Establishment Card
Company Stamp – Company Letterhead
Details on UAE banking – Guidance on Depositing Share Capital
Obtaining Statement of Accounts

Gold Package

 

Same as Silver Package
+
Corporate Advisory (Up to 3 hours)
P.O. Box Registration
Company Profile
Bank Account Opening Application Assistance
PRO Service for first Company Visa
Business Plan if applicable

Platinum Package:

Price depending on the complexity of the structuring and advice

Same as Gold Package
+
Taylor made structuring including:
estate, succession, governance and wealth structuring using offshore entities – Trusts- Foundations
Advisory on corporate shareholding Nominee Shareholder and Corporate Director Services
Consultancy on tax treaties, CRS, AEOI, local inheritance law and DIFC will
Accounting and VAT services
Offshore Bank Account opening in Dubai and Abroad in specific and exclusive banks
Other very valuable services on demand only

NOTE THAT ALL PACKAGES FOR RAS AL KHAIMAH FREEZONE COMPANY FORMATION:

All fees listed above may change without prior notice. Additional service fee of AED 12,000 is applicable for obtaining special licenses, opening a Branch or having your Corporate Shareholder. Additional services provided to the client may make him pass from one originally chosen package to another package without notice, upgrading his package and respectively increasing the chargeable fees. Packages excludes: 1. for foreign documents, ministry of Foreign affair certification, notarization, apostille 2. Administrative assistance on tenancy agreement 3. Assistance in obtaining NOC for specific activities. 4. Additional fee of 1,500 AED will apply per signatory. 5. The packages are not applicable when the company has more than 2 individual shareholders in which case additional fees of 2 000 AED per shareholder will apply. 6. Drafting of POA 2 000 AED per applicant. 7. Additional fees apply for preapproval e.g. preapproval license minimum AED600.

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