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.
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).
3. Miscellaneous Documents
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.
For the latest prices and promotions kindly contact our Business Setup Experts
THE INFINITE OPPORTUNITIES OF DUBAI
UAE FREE ZONES
AJMAN FREE ZONE AUTHORITY (AFZ)
DUBAI MULTI COMMODITIES CENTER (DMCC)
DUBAI SOUTH FREE ZONE (ex.DUBAI WORLD CENTRAL)
DUBAI WORLD TRADE CENTER (DWTC)
JEBEL ALI FREE ZONE AUTHORITY (JAFZA)
KHALIFA INDUSTRIAL ZONE ABU DHABI (KIZAD)
RAS AL KHAIMAH ECONOMIC ZONE (RAKEZ)
BANK ACCOUNTMANAGEMENT
A bank account is definitely one of the most important requisites of starting a business. The UAE is home to various local and international banks that provide a wide range of services and facilities once you open a bank account. By opening a bank account in Dubai or any other Emirate for that matter, you get the option to open corporate & personal bank accounts for residents, bank accounts for non-residents, offshore bank account, fast and secure online banking, debit/credit cards, cheque books and locker facilities.
READ MORECORPORATEFINANCE
While UAE offers a business friendly environment for foreign investments, you may not be familiar with the accounting system practiced in the country. Hence, a large number of foreign business acquire bookkeeping services to ensure that audits and compliance.
At My Business Consulting DMCC, we provide a complete suite of accounting services to help all types of business maintain focus on their operations. With more than 12 years of experience in the UAE, our accounts are qualified to provide you with:
EMIRATES RESIDENTVISA SUPPORT
The United Arab Emirates (UAE) is a global leader in business and residence, where having an Emirates ID entitles you to engage in various lucrative opportunities. Getting a UAE residence visa means that you can avail tax exemptions, high standards of life, and excellent opportunities for business development backed by economic and political stability. At My Business Consulting DMCC, we provide our clients with residency support to help them find their feet and start life in the UAE.
READ MORE