Rakez

RAKEZ Free Zone Company Formation in UAE

The Ras Al Khaimah Economic Zone (RAKEZ) is a thriving commercial and industrial center. It is a business licensing organization that provides flexible options for non-free zone and free zone firms in a global community that thrives in more than 50 industries for UAE company formation.

RAKEZ, established by the Ras Al Khaimah government, is one of the biggest economic zones in the area, assisting industrialists, SMEs, startups, and startups with their business formation procedures and needs.

Reach out to us for a detailed quotation in 30 minutes!

Why choose BCL for incorporating your entity in RAKEZ Freezone?

We offer you unmatched service for incorporation because we are a recognized channel partner with RAKEZ. To make sure you pick the best free zone and set up your business in a way that satisfies your unique needs and goals, we undertake research and offer you expert assistance. We make sure the process is hassle-free and give you the most recent information available.

How RAKEZ is beneficial for entities looking to set up their base in UAE?

Quick & Easy Incorporation

It is simple and very easy to incorporate a entity in RAKEZ.

Very Cost effective for 1 Activity with 1 Shareholder

For those who have one activity and one shareholder, RAKEZ offers the lowest pricing for business formation in the entire United Arab Emirates. Just AED 13,500 will do!

Discounted pricing packages

RAKEZ offers a variety of yearly packages ranging from 2 to 5 years, therefore paying the annual license price only once for a period of 3 years will result in a discount of up to 33% on the total cost.

Discounted pricing packages

Shareholders must be present in person during the setup procedure.

NO physical office

Opening a banking account and the company setup process don’t require a physical office.

Paid Up Share Capital

You must own at least 300,000 AED worth of Share capital amount in MOA. However, depositing this sum in the business’s bank account is not necessary. Without having to invest a lot of money, you may easily launch your business. Start how you wish to, then develop as you require.

Flexibility to open offices in mainland

The Corporate office should always be at IFZA premises only

Very Cost effective for 1 Activity with 1 Shareholder

For those who have one activity and one shareholder, RAKEZ offers the lowest pricing for business formation in the entire United Arab Emirates.

NO Physical Presence

Shareholders DO NOT need to be present physically during the setup process.

Zero Paid Up Share Capital

Easily start your business without laying down large sums of money. Start how you want and grow as you need.

No Corporate Tax

Corporate Tax is at 9% applicable on Profits.

RAKEZ Cost

No Visa


AED
7,050/- only

License fees

AED 6,000

Security Check (To Avoid Rejection)

AED 1,050

1 Visa


AED
17,550/- only

License fees

AED 16,500

Security Check (To Avoid Rejection)

AED 1,050

2 Visa


AED
21,550/- only

License Fees

AED 20,500

Security Check (To Avoid Rejection)

AED 1,050

Important Note

a. The quoted fees are when the shareholders are individuals. The fees shall be different in case of Corporate Shareholders (i.e. Holding-Subsidiary Company).
bAdditional charges shall be applicable in case you need Fast-Track processing of VISA.

Particulars

1 License
1 Activity
1 Shareholder

1 License
2 Activities
1 Shareholder

2 Licenses
2 Activities
1 Shareholder

1 Licenses
2 Activities
2 Shareholders

2 Licenses
2 Activities
2 Shareholders

License Fee + Pre-approval fee
Immigration / Establishment card
Co-working lease fee
& E-channel

13,500

16,500

16,500

20,000

20,000

Extra License

-

-

5,000

-

5,000

Visa stamping + Medical + Emirates ID

2,500

2,500

2,500

5,000

5,000

BCL’s Service Fees

2499

2499​

2499​

2499​

2499​

Total Company Setup Cost

18,499

21,499

26,499

27,499

32,499

License cost Paid for 2 years together

-

28,050

-

34,000

-

Visa stamping + Medical + Emirates ID

-

2,500

-

5,000

-

BCL’s Service Fees

-

2499

-

2499

-

Total Company Setup Cost

-

33,049

-

41,499

-

Discount%

-

29%

-

27%

-

License cost Paid for 3 years together

26,605

39,600

-

48,000

-

Visa stamping + Medical + Emirates ID

2,500

2,500

-

5,000

-

BCL’s Service Fees

2499

2499​

-

2499​

-

Total Company Setup Cost

32,604

44,599

-

55,499

-

Discount%

26%

39%

-

36%

-

Timelines for RAKEZ

Physical Presence Required only for VISA processing

1261154542

Confirmation on Type of License & Number of Visa

Collection of Documents
and Payments

1261154541
1261154546

Preparation of Documents & Signature

1261154556

Submission of
Documents

Name Approval

1261154559
1261154546

License Issuance

Establishment Card Issuance

Group 1261154562
1261154564

E Channel Registration

Visa Application

1261154573
1261154574

Stamped Visa & Emirates ID

Documentation

Individual Investor/Partner, Director and Manager

With UAE Residence Visa

Without UAE Residence Visa

Corporate Shareholder

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