Ras Al Khaimah · listed, not recommended
RAKEZ
Ras Al Khaimah’s main business zone, suitable for everything from one-person service businesses to large factories.
- Issued in 4-6 business days
- 3 activities included
- Visa limit: up to 6 without space; beyond that a RAKEZ facility is required
- Up to 50 shareholders
Read this first. Not recommended. RAKEZ has a weaker reputation with banks and counterparties than the Dubai and Sharjah zones, which can slow account opening. Listed for completeness only. We recommend SPC, IFZA, Dubai South or Shams instead.
AED 5,710
Year one, license included
You save AED 1,290 vs an agencyAED 290 below the zone’s own rate
Our fee is the price shown. Government charges for visas, medicals and Emirates ID are itemised on the written quote.
Step 1 · Choose a Package
Start by Choosing a Package.
Your prices update to match. Prices shown are for the first year, without visas. You can add visas and change the term above.
Entry-level co-working license with no visa allocation
Below the zone’s own price
- Max 5 activities
- Max 5 shareholders
Single-shareholder co-working license bundled with one free-for-life visa
Below the zone’s own price
- Max 1 activity
- 1 shareholder (individual)
Co-working license with a visa selector for small teams, from one to four visas
Below the zone’s own price
- Max 3 activities
- Max 2 shareholders
All-inclusive co-working license for SMEs with a visa selector from one to four visas
Below the zone’s own price
- Max 5 activities
- Max 5 shareholders
Step 2 · The Full Cost
What You’ll Pay Over Your Full Term.
See the cost for every year, including renewals, so there are no surprises later.
Click a term to price the page for it. Multi-year terms carry the zone’s own discount: 5% at two years, 10% at three, 15% at five.
The entry price is a promotion. Budget the standard renewal from year two, not the headline.
Step 3 · How It Works
How Your Setup Works, Step by Step.
See what’s included, what you’ll provide and how long each stage takes.
Local and International Operation
The company can operate and trade with clients in the UAE and abroad.
100% Foreign Ownership
Shareholders can own the whole company, with no local sponsor required.
Documents
Trade License issued by the RAKEZ authority.
Documents
Memorandum of Association (MOA)
Documents
Certificate of Incorporation, issued free.
Documents
Company's Partner List, issued free.
Activities
Up to 5 (mix and match from all license types).
Shareholders
Up to 5 (individual and/or corporate).
No Physical Office
Co-working (shared facility), unlimited usage.
Fast Registration
Setup completed remotely, with no shareholder or director presence required in the UAE.
Trade Name
Provide three name options in order of preference.
Activities
The exact products and services to be listed on the business license.
Passport Copy
Full spread, clear, and external cover valid for at least six months.
Contact Details
Email address and mobile number for each shareholder.
Address
Complete address in the UAE or the home country.
Address
Ejari, a UAE utility bill, a home country utility bill, or a national ID showing the address.
for existing UAE residents
Emirates ID
Front and back copies.
For corporate shareholder
Corporate Documents
Parent company documents, where a corporate shareholder is involved.
Business License
7-10 working days Standard. The applicant can be inside or outside the UAE throughout.
PRICING
VAT
Prices shown are our fee, inclusive of VAT.
Government Charges
Government charges are itemised on your written quote and paid to the authority.
RENEWAL
Government Charges
Renewal is quoted at the same rate as year one, so the license line does not move.
Zone rules
Zone Rules and Renewal.
How this free zone works and what you pay to renew from year two.
- Activities included
- 3 free of charge, AED 1,500 each after that
- Mixing activity types
- Free of charge
- General trading
- No charge
- Visas without an office
- Up to 6 without space; beyond that a RAKEZ facility is required
- Longest term
- 5 years
- Office space
- Flexi desks, offices, warehouses and land
- Nationality
- Nationality check applies
- Must you be in the UAE?
- Not required
- External approvals
- Regulated activities go to the relevant RAK authority
- Banking
- Straightforward; RAKBANK and Mashreq both onboard RAKEZ entities
- Shareholders
- Up to 50
- Setup time
- 4–6 business days
Renewal rises after the entry promotion: the first-year package is a promotional rate and year two is quoted at the zone’s standard price. Ask for the renewal figure in writing before you sign.
After setup
After Setup: Renewing and Closing.
RENEWINGWhat happens each year after the first6 steps
Your license renews every year. Here’s how it works.
01
Get your renewal noticeThe free zone lets you know when your license is due for renewal. Check that your renewal quote is correct.
02
Review your detailsMake sure your company details are up to date. Any changes to activities, shareholders or structure should be made before your license expires.
03
Send your documentsProvide updated copies of shareholder passports, Emirates IDs if you have them, and anything else the free zone asks for.
04
Sign the renewal documentsSign the renewal documents and any shareholder resolutions online. Make sure every shareholder signs promptly to avoid delays.
05
Pay the renewal feePay the amount shown on your renewal quote. It’s always the free zone’s price or less.
06
Receive your renewed licenseOnce everything is complete, the free zone issues your renewed license, usually within a few working days.
CLOSINGHow to close your company, if you ever need to9 steps
If you simply stop renewing, your license doesn’t just disappear, and fines can build up. Closing it properly protects you. Or, if you’d rather, you can list your company for sale instead.
01
Agree to closeAll shareholders sign a resolution confirming the decision to close the company, on company letterhead and stamped.
02
Cancel all visasCancel every visa linked to the company, including investor, employee and family visas, and then the establishment card.
03
Clear what you owe the free zonePay any outstanding fees, rent or other charges to the free zone, and get a clearance certificate to confirm it.
04
Get other clearancesGet clearance letters from any other providers you’ve used, such as electricity, water, telecoms or customs.
05
Prepare a closing reportA UAE-registered auditor prepares a report on the company’s assets and liabilities. If the company never traded, the report should say so.
06
Close your tax registrationFile a final corporate tax return, pay anything due and deregister with the Federal Tax Authority within three months of closing. Do the same for VAT if you’re registered.
07
Close your bank accountMake sure all payments are settled and no cheques are pending, then close the account and get a closure letter.
08
Apply to closeSubmit your closing application and documents to the free zone, and pay the closing fee.
09
Receive your closing certificateThe free zone issues a certificate confirming your company is closed. Keep it safe for your records.
Questions People Ask About RAKEZ
What does RAKEZ cost over one year?
AED 5,710 through us, for the Biz 0 (Co-working, no visa) with no visas. Going direct to RAKEZ costs AED 6,000.
Why is your price lower than RAKEZ’s own?
As an authorized partner, we’re compensated by the free zone, not by you. We pass part of that on, which is why your price is lower.
Can a foreigner own 100% of the company?
Yes. You can own the whole company, with no local partner needed. Some nationalities may need extra approval.
Do I have to be in the UAE to set it up?
No. Your license and establishment card can be issued while you’re abroad. You only need to come to the UAE for your residence visa, to complete a medical test and register for your Emirates ID.
How many visas can I have?
It depends on your workspace. A flexi-desk supports a few visas, and you can add more with office space. Visa fees are government charges, passed on at cost.
Does the price go up at renewal?
It can: the first year is an entry price, and the renewal from year two is quoted at the zone’s standard rate. You see it in writing before you sign. Visas renew separately, usually every two years.
RAKEZ for 0 visas · 1 activity · 1 year: AED 5,710.
Written quote within the hour, itemised line by line. Nothing to pay until you approve it.