RAKEZ-company-formation-cost

How Much Does RAKEZ Company Formation Cost?

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Being home to over 38,000 companies, Ras Al Khaimah Economic Zone is one of the most popular free zones of the UAE. The reason behind it is that RAKEZ business setup cost is very affordable for entrepreneurs looking for full business ownership. Moreover, it offers great facilities and workspace options. 

This blog explains the cost of company formation in RAKEZ, and how at Aurum, the business setup consultant for RAKEZ can support your setup journey. 

RAKEZ Free Zone Cost for Business Setup

RAKEZ company setup fees can be more or less depending on visa and office needs. It also depends on the factor whether you need an ecommerce license or another license. When you search the UAE business setup cost online, you find various options that might confuse you:

  • a licence option where you form the company and get the licence, but no residency visa is added, and
  • a package where the licence and the residency visa option are included together.

So, when someone asks for total fees, the right response is: Which setup are you looking at; licence only, or licence plus visa? RAKEZ license cost is different for an instant licence i.e AED 6,000 and for other licenses. You might find options of AED 16,500 for a package and another offer at AED 14,000. 

This table will give you an estimated cost:

Setup style

Who it suits

What’s included

Budget range

Licence only (no visa)

You already have a UAE residence visa or you don’t need one yet

Company formation + licence + basic setup

From AED 6,000 (varies by activity/offer)

Licence + 1 visa

You need a visa through the company

Company formation + licence + visa processing steps

Often AED 14,000 to 17,000+ depending on offer/details

Licence + 2 visas

You + one partner/employee need visas

Same as above plus extra visa quota and processing

higher than the 1-visa range

Factors Affecting the Ras Al Khaimah Free Zone Cost

RAKEZ free zone cost can be low if you don’t need a visa yet, and it can jump quickly once you add visas, office upgrades, and certain activities.

Your Workspace:

If your business does not need a private office in the first year, shared space options help keep the Ras Al Khaimah free zone cost lower. RAKEZ promotions and packages often mention coworking or shared workstation access as part of the offer.

Your Activity:

Some activities are straightforward to list on the licence. Others require extra approvals. That doesn’t mean it’s impossible. It just means your paperwork and steps increase, and sometimes the overall price changes too.

Number of Visas:

One visa is one track. Two or three visas change the cost and the time involved. When you choose a package with a high number of visas, you should expect a higher price.

UAE Business Setup Packages- RAKEZ’s Special Offers

Biz Starter Package (AED 6,000)

The Biz Starter Package is priced at AED 6,000 and is designed for setting up a company in 24 hours. It includes coworking access and key basics like eligibility for bank account opening in UAE, plus flexibility for shareholders and activities.

Item

Details

Price

AED 6,000

Setup timeline

Company setup in 24 hours

Shareholders

Up to 50 shareholders

Business activities

Up to 10 activities (mix and match)

Bank account

Eligibility for bank account opening*

Workspace

Coworking centre membership

Business exposure

Access to business networking events

Extra support

VAT registration, accounting & compliance*

Good fit for

Commercial trading, consultancy, media & e-gaming, e-commerce, education

Instant Licence Offer

This offer is for getting a UAE business licence fast, without paperwork or physical visits. There are two price options: AED 6,000 for the Basic Package, and AED 16,500 for the All-Inclusive Package. You apply online and you need a valid passport, plus visa/Emirates ID if you are a UAE resident.

Item

Basic Package

All-Inclusive Package

Price

AED 6,000

AED 16,500

Time mentioned

Business licence in 5 minutes (after application)

Business licence in 5 minutes (after application)

Paperwork / visits

No paperwork, no physical visits

No paperwork, no physical visits

Documents needed

Valid passport + visa/Emirates ID (for residents)

Valid passport + visa/Emirates ID (for residents)

Shareholders included

1 shareholder

Up to 5 shareholders

Business activities

1 activity

Up to 5 activities

Workspace

Access to a co-working facility

Access to a co-working space facility

Visa included

Not included

1 residence visa included

RAKEZ SME Business Setup Package (AED 14,000)

This SME business setup offer is AED 14,000. It includes the trade licence and a UAE residence visa, and it shows what is included, what costs extra (like additional visas), and optional add-ons like banking assistance.

Item

What RAKEZ includes

Package price

AED 14,000

What it covers 

Trade licence + UAE residence visa 

Renewal

Same renewal price guaranteed 

Activities

Mix and match 10 activities 

Shareholders

Add up to 50 shareholders 

Dependent visas

20% discount on dependent visas 

Extra visas

Add up to 3 additional visas at AED 4,000 each 

Payment option

Split payment into instalments (Tabby available)

Workspace / access

Unlimited access to Compass Coworking Centre 

Process style

Fully digital registration and renewal process 

Multi-year

Multi-year package options available 

Optional upgrade

Add AED 2,500 for premium services such as VIP visa support, banking assistance, and corporate tax registration and filing 

Partner with Aurum to Launch Your RAKEZ Free Zone Business

If you want to check which RAKEZ option fits your budget, share your activity, how many shareholders you have, and whether you need a visa. Aurum can guide you on the right package, prepare the documents, and support you with the setup steps, including bank account opening in UAE, so you can move forward without delays.

Frequently Asked Questions

Is it possible to get a low-cost RAKEZ license and then upgrade later?

Yes. In the beginning, you can start with fewer activities or no visa and then add visas, activities, or office space.

Do I have to be in the UAE to set up a RAKEZ company?

No, you can do it remotely. If you need visas, you might need to visit at the required time.

Do all activities have different approval time?

Yes, the timeline can vary. Some tasks are done more quickly than others, and some may need more approvals or paperwork, which can make the setup take longer.

Can I open a business account right after I get my license?

You can start the process, but each bank has its own schedule. It helps if you already have a business plan, expected transaction details, and supporting documents ready to open a bank account in the UAE.

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