Ras Al Khaimah Economic Zone (RAKEZ) Business Setup

Ras Al Khaimah Economic Zone (RAKEZ)

It’s just the right time to start your new business in the United Arab Emirates! Grab the most lucrative offerings and cost-effective setup packages from RAKEZ until the end of 2020!

Enjoy all the advantages from one of the best UAE’s economic zones - a one-stop solution for freelancers, startups, SMEs, and industrial companies.

Don’t miss the opportunity to get a business license at such an appealing price and benefit from other valuable bonuses! Talk to our Business Setup Experts today to know about all cost-effective business setup packages in RAKEZ:
Email: [email protected].ae
WhatsApp for Business: +971 55 147 9576

Offer Validity: the offer is valid until December 31, 2020. T&C apply.

It’s just the right time to start your new business in the United Arab Emirates! Grab the most lucrative offerings and cost-effective setup packages from RAKEZ until the end of 2020!

Enjoy all the advantages from one of the best UAE’s economic zones - a one-stop solution for freelancers, startups, SMEs, and industrial companies.

MAIN BENEFITS WITH RAKEZ


  • Up to 35% discount on business setup packages (plus additional bonuses for FREE)

  • 2 FREE additional activities with Commercial/Service License

  • LIFETIME single rate for the renewal

  • Waiver of additional fees for special activities for Commercial/Service Licenses

  • Opportunity to defer company incorporation for investors outside the UAE

  • No security deposit on Employee Visa

Don’t miss the opportunity to get a business license at such an appealing price and benefit from other valuable bonuses! Talk to our Business Setup Experts today to know about all cost-effective business setup packages in RAKEZ:
Email: [email protected]
WhatsApp for Business: +971 55 147 9576


Offer Validity: the offer is valid until December 31, 2020. T&C apply.

Based in the heart of Ras Al Khaimah and guided by the vision of His Highness Sheikh Saud bin Saqr Al Qasimi, United Arab Emirates Supreme Council Member and Ruler of Ras Al Khaimah, Ras Al Khaimah Economic Zone (RAKEZ) was established to oversee and consolidate the specialized clients of both Ras Al Khaimah Free Trade Zone (RAK FTZ) and RAK Investment Authority (RAKIA). Blessed with a strategic location, RAKEZ connects investors to growing markets of the Middle East, North Africa, Europe as well as South and Central Asia. RAKEZ is the continuation of the story that started with the foundation of RAK Free Trade Zone in 2000 and the establishment of RAK Investment Authority in 2005.It is the preferred business destination of more than 13,000 multinational companies from over 100 countries representing above 50 sectors.

ADVANTAGES OF BUSINESS SETUP IN RAKEZ

TYPES OF LICENSES IN RAKEZ

ADVANTAGES OF BUSINESS SETUP IN RAKEZ

  • No corporate and personal income tax

  • 100% ownership & profit repatriation

  • No customs duty on re-exported goods

  • Cost effective flexi facilities

  • Warehouses – the cost-effective warehouses in a variety of sizes available, located in proximity to seaports and airports

  • Industrial Land - unlimited space to grow your industrial operations with the plots of land for development

TYPES OF LICENSES IN RAKEZ

  • Commercial

  • Individual/Professional

  • Consultancy/Services

  • Educational

  • Industrial

  • Media

  • General Trading

  • E-commerce

  • Tourism

BUSINESS REGISTRATION FEES IN RAKEZ

Let My Business Consulting DMCC assist you with the company formation in Ras Al Khaimah Economic Zone or any other free zone across the UAE. We provide the consultation and support you need to successfully start, register, and do business in the UAE with the best facilities and corporate structure that helps your business grow. We also provide support for opening personal or corporate bank accounts, obtaining the residence visa, getting attestations of official documents, and more! Get in touch with us today to find out more about Ras Al Khaimah Economic Zone fees or general information on starting a business in UAE!

Below you will find the full list of general business setup related costs in RAKEZ, though to receive a hyper-personalized proposal contact our Business Setup Experts today!

1. Type of License and 2. Type of Office Facilities

Each activity of a company falls under a specific type of License. Below is the list of license and facility types available in RAKEZ.
The fees of each type of license depend on visa eligibility, the office facility, and type of ownership (FZE – one single ownership and FZ LLC is a partnership from 2 to 5 partners).

Commercial - FZE


FACILITY TYPE 1st YEAR 2nd YEAR
Flexi Desk
(No Visa eligibility)
AED 14,800 AED 13,800
Flexi Desk
(1 Visa eligibility)
AED 19,800 AED 18,800
Flexi Desk
(2 Visas eligibility, *A.D.)
AED 24,500 AED 23,500
Flexi Office
(2 Visas eligibility)
AED 22,400 AED 21,400
Standard Office
(3 Visas eligibility)
AED 30,500 AED 29,500
Standard Office
(3 Visas eligibility, *Al Harma)
AED 25,150 AED 24,150
Executive Office
(3 Visas eligibility)
AED 40,500 AED 39,500
Executive Office
(4 Visas eligibility, *Al Harma)
AED 37,800 AED 36,800

Commercial – FZ LLC


FACILITY TYPE 1st YEAR 2nd YEAR
Flexi Desk
(No Visa eligibility)
AED 17,300 AED 13,800
Flexi Desk
(1 Visa eligibility)
AED 22,300 AED 18,800
Flexi Desk
(2 Visas eligibility, *A.D.)
AED 27,000 AED 23,500
Flexi Office
(2 Visas eligibility)
AED 24,900 AED 21,400
Standard Office
(3 Visas eligibility)
AED 33,000 AED 29,500
Standard Office
(3 Visas eligibility, *Al Harma)
AED 27,650 AED 24,150
Executive Office
(3 Visas eligibility)
AED 43,000 AED 39,500
Executive Office
(4 Visas eligibility, *Al Harma)
AED 40,300 AED 36,800

Services License – FZE


FACILITY TYPE 1st YEAR 2nd YEAR
Flexi Desk
(No Visa eligibility)
AED 18,300 AED 17,300
Flexi Desk
(1 Visa eligibility)
AED 23,300 AED 22,300
Flexi Desk
(2 Visas eligibility, *A.D.)
AED 28,000 AED 27,000
Flexi Office
(2 Visas eligibility)
AED 25,900 AED 24,900
Standard Office
(3 Visas eligibility)
AED 34,000 AED 33,000
Standard Office
(3 Visas eligibility, *Al Harma)
AED 28,650 AED 27,650
Executive Office
(3 Visas eligibility)
AED 44,000 AED 43,000
Executive Office
(4 Visas eligibility, *Al Harma)
AED 41,300 AED 40,300

Services License – FZ LLC


FACILITY TYPE 1st YEAR 2nd YEAR
Flexi Desk
(No Visa eligibility)
AED 20,800 AED 17,300
Flexi Desk
(1 Visa eligibility)
AED 25,800 AED 22,300
Flexi Desk
(2 Visas eligibility, *A.D.)
AED 30,500 AED 27,000
Flexi Office
(2 Visas eligibility)
AED 28,400 AED 24,900
Standard Office
(3 Visas eligibility)
AED 36,500 AED 33,000
Standard Office
(3 Visas eligibility, *Al Harma)
AED 31,150 AED 27,650
Executive Office
(3 Visas eligibility)
AED 46,500 AED 43,000
Executive Office
(4 Visas eligibility, *Al Harma)
AED 43,800 AED 40,300

General Trading FZE


FACILITY TYPE 1st YEAR 2nd YEAR
Flexi Desk
(No Visa eligibility)
AED 21,800 AED 20,800
Flexi Desk
(1 Visa eligibility)
AED 26,800 AED 25,800
Flexi Desk
(2 Visas eligibility, *A.D.)
AED 31,500 AED 30,500
Flexi Office
(2 Visas eligibility)
AED 29,400 AED 27,400
Standard Office
(3 Visas eligibility)
AED 37,500 AED 36,500
Standard Office
(3 Visas eligibility, *Al Harma)
AED 32,150 AED 31,150
Executive Office
(3 Visas eligibility)
AED 47,500 AED 46,500
Executive Office
(4 Visas eligibility, *Al Harma)
AED 44,800 AED 43,800

General Trading - FZ LLC


FACILITY TYPE 1st YEAR 2nd YEAR
Flexi Desk
(No Visa eligibility)
AED 24,300 AED 20,800
Flexi Desk
(1 Visa eligibility)
AED 29,300 AED 25,800
Flexi Desk
(2 Visas eligibility, *A.D.)
AED 34,000 AED 33,000
Flexi Office
(2 Visas eligibility)
AED 31,900 AED 28,400
Standard Office
(3 Visas eligibility)
AED 40,000 AED 36,500
Standard Office
(3 Visas eligibility, *Al Harma)
AED 34,650 AED 31,150
Executive Office
(3 Visas eligibility)
AED 50,000 AED 46,500
Executive Office
(4 Visas eligibility, *Al Harma)
AED 47,300 AED 43,800

E-commerce - FZE


FACILITY TYPE 1st YEAR 2nd YEAR
Flexi Desk
(No Visa eligibility)
AED 19,800 AED 18,800
Flexi Desk
(1 Visa eligibility)
AED 24,800 AED 23,800
Flexi Desk
(2 Visas eligibility, *A.D.)
AED 29,500 AED 28,500
Flexi Office
(2 Visas eligibility)
AED 27,400 AED 26,400
Standard Office
(3 Visas eligibility)
AED 35,500 AED 34,500
Standard Office
(3 Visas eligibility, *Al Harma)
AED 30,150 AED 29,150
Executive Office
(3 Visas eligibility)
AED 45,500 AED 44,500
Executive Office
(4 Visas eligibility, *Al Harma)
AED 42,800 AED 41,800

E-commerce - FZ LLC


FACILITY TYPE 1st YEAR 2nd YEAR
Flexi Desk
(No Visa eligibility)
AED 22,300 AED 18,800
Flexi Desk
(1 Visa eligibility)
AED 27,300 AED 23,800
Flexi Desk
(2 Visas eligibility, *A.D.)
AED 32,000 AED 28,500
Flexi Office
(2 Visas eligibility)
AED 29,900 AED 26,400
Standard Office
(3 Visas eligibility)
AED 38,000 AED 34,500
Standard Office
(3 Visas eligibility, *Al Harma)
AED 32,650 AED 29,150
Executive Office
(3 Visas eligibility)
AED 48,000 AED 44,500
Executive Office
(4 Visas eligibility, *Al Harma)
AED 45,300 AED 41,800

Freelance Permit


PACKAGE TYPE DETAILS 1st YEAR 2nd YEAR
1 Year Package Business license registration fees include Freelancer Permit for 1 year, Pre-approval (one-time), Establishment Card, E-channel registration AED 9,520 AED 9,235
2 Years Package Business license registration fees include Freelancer Permit for 2 years, Pre-approval (one-time), Establishment Card, E-channel registration AED 14,820 AED 14,535

Note:
*A.D. – The Flexi Desk located in Al Dhait area.
*Al Hamra – The office located at the beginning of the Ras Al Khaimah Emirate.

Commercial - FZE


FACILITY TYPE 1st YEAR 2nd YEAR
Flexi Desk
(No Visa eligibility)
AED 14,800 AED 13,800
Flexi Desk
(1 Visa eligibility)
AED 19,800 AED 18,800
Flexi Desk
(2 Visas eligibility, *A.D.)
AED 24,500 AED 23,500
Flexi Office
(2 Visas eligibility)
AED 22,400 AED 21,400
Standard Office
(3 Visas eligibility)
AED 30,500 AED 29,500
Standard Office
(3 Visas eligibility, *Al Harma)
AED 25,150 AED 24,150
Executive Office
(3 Visas eligibility)
AED 40,500 AED 39,500
Executive Office
(4 Visas eligibility, *Al Harma)
AED 37,800 AED 36,800

Commercial – FZ LLC


FACILITY TYPE 1st YEAR 2nd YEAR
Flexi Desk
(No Visa eligibility)
AED 17,300 AED 13,800
Flexi Desk
(1 Visa eligibility)
AED 22,300 AED 18,800
Flexi Desk
(2 Visas eligibility, *A.D.)
AED 27,000 AED 23,500
Flexi Office
(2 Visas eligibility)
AED 24,900 AED 21,400
Standard Office
(3 Visas eligibility)
AED 33,000 AED 29,500
Standard Office
(3 Visas eligibility, *Al Harma)
AED 27,650 AED 24,150
Executive Office
(3 Visas eligibility)
AED 43,000 AED 39,500
Executive Office
(4 Visas eligibility, *Al Harma)
AED 40,300 AED 36,800

Services License – FZE


FACILITY TYPE 1st YEAR 2nd YEAR
Flexi Desk
(No Visa eligibility)
AED 18,300 AED 17,300
Flexi Desk
(1 Visa eligibility)
AED 23,300 AED 22,300
Flexi Desk
(2 Visas eligibility, *A.D.)
AED 28,000 AED 27,000
Flexi Office
(2 Visas eligibility)
AED 25,900 AED 24,900
Standard Office
(3 Visas eligibility)
AED 34,000 AED 33,000
Standard Office
(3 Visas eligibility, *Al Harma)
AED 28,650 AED 27,650
Executive Office
(3 Visas eligibility)
AED 44,000 AED 43,000
Executive Office
(4 Visas eligibility, *Al Harma)
AED 41,300 AED 40,300

Services License – FZ LLC


FACILITY TYPE 1st YEAR 2nd YEAR
Flexi Desk
(No Visa eligibility)
AED 20,800 AED 17,300
Flexi Desk
(1 Visa eligibility)
AED 25,800 AED 22,300
Flexi Desk
(2 Visas eligibility, *A.D.)
AED 30,500 AED 27,000
Flexi Office
(2 Visas eligibility)
AED 28,400 AED 24,900
Standard Office
(3 Visas eligibility)
AED 36,500 AED 33,000
Standard Office
(3 Visas eligibility, *Al Harma)
AED 31,150 AED 27,650
Executive Office
(3 Visas eligibility)
AED 46,500 AED 43,000
Executive Office
(4 Visas eligibility, *Al Harma)
AED 43,800 AED 40,300

General Trading FZE


FACILITY TYPE 1st YEAR 2nd YEAR
Flexi Desk
(No Visa eligibility)
AED 21,800 AED 20,800
Flexi Desk
(1 Visa eligibility)
AED 26,800 AED 25,800
Flexi Desk
(2 Visas eligibility, *A.D.)
AED 31,500 AED 30,500
Flexi Office
(2 Visas eligibility)
AED 29,400 AED 27,400
Standard Office
(3 Visas eligibility)
AED 37,500 AED 36,500
Standard Office
(3 Visas eligibility, *Al Harma)
AED 32,150 AED 31,150
Executive Office
(3 Visas eligibility)
AED 47,500 AED 46,500
Executive Office
(4 Visas eligibility, *Al Harma)
AED 44,800 AED 43,800

General Trading - FZ LLC


FACILITY TYPE 1st YEAR 2nd YEAR
Flexi Desk
(No Visa eligibility)
AED 24,300 AED 20,800
Flexi Desk
(1 Visa eligibility)
AED 29,300 AED 25,800
Flexi Desk
(2 Visas eligibility, *A.D.)
AED 34,000 AED 33,000
Flexi Office
(2 Visas eligibility)
AED 31,900 AED 28,400
Standard Office
(3 Visas eligibility)
AED 40,000 AED 36,500
Standard Office
(3 Visas eligibility, *Al Harma)
AED 34,650 AED 31,150
Executive Office
(3 Visas eligibility)
AED 50,000 AED 46,500
Executive Office
(4 Visas eligibility, *Al Harma)
AED 47,300 AED 43,800

E-commerce - FZE


FACILITY TYPE 1st YEAR 2nd YEAR
Flexi Desk
(No Visa eligibility)
AED 19,800 AED 18,800
Flexi Desk
(1 Visa eligibility)
AED 24,800 AED 23,800
Flexi Desk
(2 Visas eligibility, *A.D.)
AED 29,500 AED 28,500
Flexi Office
(2 Visas eligibility)
AED 27,400 AED 26,400
Standard Office
(3 Visas eligibility)
AED 35,500 AED 34,500
Standard Office
(3 Visas eligibility, *Al Harma)
AED 30,150 AED 29,150
Executive Office
(3 Visas eligibility)
AED 45,500 AED 44,500
Executive Office
(4 Visas eligibility, *Al Harma)
AED 42,800 AED 41,800

E-commerce - FZ LLC


FACILITY TYPE 1st YEAR 2nd YEAR
Flexi Desk
(No Visa eligibility)
AED 22,300 AED 18,800
Flexi Desk
(1 Visa eligibility)
AED 27,300 AED 23,800
Flexi Desk
(2 Visas eligibility, *A.D.)
AED 32,000 AED 28,500
Flexi Office
(2 Visas eligibility)
AED 29,900 AED 26,400
Standard Office
(3 Visas eligibility)
AED 38,000 AED 34,500
Standard Office
(3 Visas eligibility, *Al Harma)
AED 32,650 AED 29,150
Executive Office
(3 Visas eligibility)
AED 48,000 AED 44,500
Executive Office
(4 Visas eligibility, *Al Harma)
AED 45,300 AED 41,800

Freelance Permit


PACKAGE TYPE 1st YEAR 2nd YEAR
1 Year Package
Business license registration fees include Freelancer Permit for 1 year, Pre-approval (one-time), Establishment Card, E-channel registrationZ
AED 9,520 AED 9,235
2 Years Package
Business license registration fees include Freelancer Permit for 2 years, Pre-approval (one-time), Establishment Card, E-channel registration
AED 14,820 AED 14,535

Note:
*A.D. – The Flexi Desk located in Al Dhait area.
*Al Hamra – The office located at the beginning of the Ras Al Khaimah Emirate.

3. Miscellaneous Documents

Immigration Pre-approval AED 250 (per applicant);
AED 1,000 (4 applicants and above)
Power of Attorney (Administrative) – per person AED 1,500

4. Residence Visa in Ras Al Khaimah Economic Zone

The cost of each visa varies depending on the status of an applicant’s current location, whether the application is taking place inside or outside the UAE. Amendment of visa can be done only if the applicant has canceled his previous Residence Visa or is transferring within RAKEZ.
In case you would like to apply for the UAE Residence Visa inside UAE, you can just apply for the Status Change service, which will not require you to exit the country so that you could enjoy the hassle-free process.

SERVICES FEES
Investor Visa Fees (Valid for 3 years) AED 3,950
Employment Visa Fees (Valid for 2 years) AED 2,970
Employment Visa Guarantee Deposit AED 2,000
Visa Status Change AED 885
Medical Test, Emirates ID & Photo AED 1,250

Note:
*The company must be registered with the Immigration E-channel, if it is not, then the cost for registration will be AED 2,150 and AED 5,000 for the deposit, which will be refunded in case of company liquidation.

5. My Business Consulting Dmcc Service Packages

Want to set up a new company at Ras Al Khaimah Economic Zone (RAKEZ) or any other Free Zone in the UAE? To get your customized company registration proposal get in touch with My Business Consulting DMCC today.

COMPLETE BUSINESS SETUP PACKAGE
  • Corporate Consultancy

  • Regular update regarding the full process

  • Initial Approval: company name, activity, shareholder's structure

  • Business Plan Summary

  • Company Registration

  • Facility Arrangement (Business Park)

  • Company Licensing

  • Establishment Card

  • Company Stamp

  • Company Letterhead

  • Company Profile

  • Accounts Guide for UAE Businesses not registered for VAT

  • FREE Documents Expiration Notifications after one year

Service Fee - AED 5,000

Additional Fees:

  • Subsidiary/ Branch – AED 2,500 for Corporate Due Diligence

  • NOC from 3rd party (if required) – starting from AED 500

After obtaining the license and establishment card of the company, you may process the UAE Residence Visa or Bank Account Opening by yourself, however, shall you require professional assistance of My Business Consulting – kindly upgrade your Package.

UPGRADE
YOUR BUSINESS SETUP PACKAGE
BANK ACCOUNT OPENING SERVICES UAE RESIDENT VISA SERVICES
  • Assessment of Individual/Corporate Background

  • Preparation of Required Documents with a Company Profile specially designed for banks

  • Coordination with Relationship Officer before Account Opening Application Meeting

  • Scheduling Meeting with Relationship Officer

  • Full Assistance during Bank Account Opening Application and Interview

  • Follow-up of Account Opening

  • Regular Updates

  • Introduction of Official Relationship Manager

  • Assessment of Individuals Documents

  • Review of Required Documents

  • Obtaining Entry Permit

  • Typing for Medical Test and Emirates ID

  • Full Assistance in Medical Test, including transfers

  • Full Assistance in EID Biometrics, including transfers

  • Obtaining Visa Stamping

  • Collection of Emirates ID

  • Free document expiration notification after 3 years

AED 7,500+
Service Fee
AED 2,500+
Service Fee
Please note that My Business Consulting DMCC will accept and provide Bank Account Opening assistance only to those companies whose shareholders are holding UAE Residence Visa and are having similar business activity (as to what is proposed) in their home country.

Note:
Fees are the subject for additional 5% Value Added Tax (VAT).

5. My Business Consulting Dmcc Service Packages

Want to set up a new company at Ras Al Khaimah Economic Zone (RAKEZ) or any other Free Zone in the UAE? To get your customized company registration proposal get in touch with My Business Consulting DMCC today.

COMPLETE BUSINESS SETUP PACKAGE
  • Corporate Consultancy

  • Regular update regarding the full process

  • Initial Approval: company name, activity, shareholder's structure

  • Business Plan Summary

  • Company Registration

  • Facility Arrangement (Business Park)

  • Company Licensing

  • Establishment Card

  • Company Stamp

  • Company Letterhead

  • Company Profile

  • Accounts Guide for UAE Businesses not registered for VAT

  • FREE Documents Expiration Notifications after one year

Service Fee - AED 5,000

Additional Fees:

  • Subsidiary/ Branch – AED 2,500 for Corporate Due Diligence

  • NOC from 3rd party (if required) – starting from AED 500

After obtaining the license and establishment card of the company, you may process the UAE Residence Visa or Bank Account Opening by yourself, however, shall you require professional assistance of My Business Consulting – kindly upgrade your Package.


UPGRADE
YOUR BUSINESS SETUP PACKAGE
BANK ACCOUNT OPENING SERVICES
  • Assessment of Individual/Corporate Background

  • Preparation of Required Documents with a Company Profile specially designed for banks

  • Coordination with Relationship Officer before Account Opening Application Meeting

  • Scheduling Meeting with Relationship Officer

  • Full Assistance during Bank Account Opening Application and Interview

  • Follow-up of Account Opening

  • Regular Updates

  • Introduction of Official Relationship Manager

AED 7,500+
Service Fee
Please note that My Business Consulting DMCC will accept and provide Bank Account Opening assistance only to those companies whose shareholders are holding UAE Residence Visa and are having similar business activity (as to what is proposed) in their home country.

UAE RESIDENT VISA SERVICES
  • Assessment of Individuals Documents

  • Review of Required Documents

  • Obtaining Entry Permit

  • Typing for Medical Test and Emirates ID

  • Full Assistance in Medical Test, including transfers

  • Full Assistance in EID Biometrics, including transfers

  • Obtaining Visa Stamping

  • Collection of Emirates ID

  • Free document expiration notification after 3 years

AED 2,500+
Service Fee
Note:
Fees are the subject for additional 5% Value Added Tax (VAT).