Set up a company in Ras Al Khaimah: 100% online, all on one platform
How to set up a company in Ras Al Khaimah in 2026: the RAKEZ all-inclusive package by number of visas, what it includes, the steps and timelines, the documents, renewal and opening the bank account, and when a Dubai free zone is worth paying more for. Dubase handles the formation and then the company’s accounting, tax and renewals.
- Licence
- issued in days
- Ownership
- 100% foreign
- Packages
- all-in, visas bundled
- Gov. cost, year 1
- from AED 6,000
RAKEZ, offshore or a Dubai free zone: which to choose
RAKEZ free zone
Services, consulting and trading with a package that includes the licence and visas by quota, and renews at the same price.
Get your RAKEZ planRAK ICC offshore
Holding assets, shares or property, or invoicing internationally without UAE operations. No office and no visas; fees quoted per structure.
Ask about offshoreNeed Dubai instead?
If your clients or bank expect a Dubai address, paying more makes sense. Dubai free zones start at AED 12,520 in government fees.
See Dubai costs and zonesRas Al Khaimah or Dubai: free zone comparison
| Feature | RAKEZ (free zone) | Dubai free zones | RAK ICC (offshore) |
|---|---|---|---|
| Foreign ownership | 100% | 100% | 100% |
| Government cost, year 1 | From AED 6,000 all-in | From AED 12,520 | Lowest; quoted per case |
| Pricing model | One package, visas bundled | Licence + separately billed add-ons | Registry fees only |
| Residence visas | Yes, by package quota | Yes, by package or office | No |
| Live in Dubai? | Yes, the visa is federal | Yes | No visa attached |
| How banks see it | Standard | Better, especially DMCC | Hardest; more checks |
| Best for | Cost-driven services and trading | Brand-sensitive and premium setups | Holding assets and shares |
How to open a company in Ras Al Khaimah, step by step
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Package and activity
Visa quota and licence activity. These two choices set the package price and the tax outcome.
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Licence application
KYC, passport copies and application filed directly with RAKEZ as registered agent. No need to travel or visit a notary: everything is signed remotely.
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Licence issued
Trade licence and corporate documents in hand. Your company legally exists and can sign contracts.
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Residence visa
Entry permit, status change if you are in the UAE, medical test, Emirates ID biometrics and visa stamping, following the standard federal process.
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Bank account
Prepared file and introductions with banks that match your profile. Decision times vary from days to weeks; more in bank account.
Documents required to register a company in Ras Al Khaimah
For a standard RAKEZ setup with individual shareholders, this is the whole list.
Passport copy
Valid for at least 6 months, for every shareholder and director.
Passport photo
Recent, white background; the authority uses it for the visa file.
Contact and address details
Personal address and phone/email for KYC.
Short activity description
What the company sells and to whom; we draft the licence wording.
Corporate documents
Only if a company (not a person) will be a shareholder: incorporation set, attested.
Extra approvals
Only for regulated activities: finance, health, education, legal.
RAKEZ, RAK ICC or RAK DAO: which Ras Al Khaimah registry to choose
Ras Al Khaimah has a free zone for operating companies (RAKEZ), an offshore registry for holding companies (RAK ICC) and a zone for digital assets (RAK DAO). The choice depends on the company’s activity.
RAKEZ
Ras Al Khaimah Economic Zone- One package price by visa quota, with licence, registration and visa fees included
- From AED 6,000/year without visas to AED 22,000 with 3
- Renews at the same published rate, no separate add-ons
- Federal UAE residence visas: live and bank anywhere in the country
RAK ICC
RAK International Corporate Centre- Offshore registry for holding assets, shares and international invoicing
- No office, no residence visas, no trading inside the UAE
- Common vehicle above an operating company or property
- Fees quoted per structure; ask us for your case
RAK DAO
Digital Assets Oasis- Specialist free zone for digital-asset and web3 companies
- Purpose-built licensing for activities mainstream zones decline
- Only relevant for digital-asset activities
- We assess the fit before you commit
How much does it cost to set up a company in Ras Al Khaimah?
At RAKEZ you pay one package priced by the number of residence visas; it includes the licence and the visa fees. In Dubai zones the licence and the visas are billed separately. The table shows the total year-1 government cost.
| RAKEZ package | Government cost, year 1 |
|---|---|
| No visas | AED 6,000 |
| 1 visa | AED 14,000 |
| 2 visas | AED 18,000 |
| 3 visas | AED 22,000 |
Same data as the table: RAKEZ 2026 published package rates, AED.
- The package is all-inclusive: licence, registration and the visa government fees for the quota are bundled into a single price. The items Dubai zones bill separately (establishment card, visa processing) are part of the package at RAKEZ.
- The package renews annually at the same published rate: what you pay in year 1 is what you pay in year 2. Standard federal steps (medical test and Emirates ID biometrics) apply to each visa holder as everywhere in the UAE.
- Same rates as our cost calculator: RAKEZ 2026 published packages. Our service fee is quoted separately and itemised.
Ras Al Khaimah company renewal: annual cost from year 2
At RAKEZ the annual renewal costs the same as the year-1 package and includes the visas; there are no separately billed renewal items.
Annual renewal from year 2 (AED)
| RAKEZ package | Annual renewal |
|---|---|
| No visas | AED 6,000 |
| 1 visa | AED 14,000 |
| 2 visas | AED 18,000 |
| 3 visas | AED 22,000 |
Visa renewal every 2 years (AED)
| RAKEZ package | Extra visa renewal fee |
|---|---|
| No visas | AED 0 |
| 1 visa | AED 0 (included in the package) |
| 2 visas | AED 0 (included in the package) |
| 3 visas | AED 0 (included in the package) |
Visa government fees are bundled into the annual package, so the two-year visa cycle does not add a separate zone invoice; each visa holder re-runs the standard federal medical test and Emirates ID biometrics on renewal, as everywhere in the UAE. Dubai zones, by contrast, bill visa renewals separately from the licence.
Business bank account for a Ras Al Khaimah company: requirements and timelines
UAE banks operate nationwide: a Ras Al Khaimah company applies at the same banks and branches as a Dubai company. The bank reviews the activity, the source of funds and the shareholders’ residency, not the emirate on the licence, though some ask more questions when the package is very low-cost. It usually asks for the licence and corporate documents, the shareholders’ passports and residence visas or Emirates IDs, a description of the activity with expected turnover, and proof of the source of funds.
What we do: we prepare the file, submit it to banks that match your profile and suggest fintech alternatives when a traditional account takes too long.
What we cannot control: the approval. The bank decides, and no provider can guarantee it.
Advantages of setting up a company in Ras Al Khaimah
- 0%
- personal income tax on salary and dividends
- 9%
- corporate tax, only on profit above AED 375,000
- 100%
- foreign ownership, no local sponsor
- 5%
- VAT; registration mandatory above AED 375,000 turnover
Tax is federal: a RAK company faces exactly the same UAE corporate tax, VAT and 0% personal income tax as a Dubai company, including the QFZP regime that keeps qualifying free zone income at 0%. The entry price changes; the taxes are the same.
Services for your Ras Al Khaimah company
Besides the formation, we handle the company’s accounting, tax, licence and visa renewals and compliance, with the same team.
- Company formation
- Residence visas
- Bank account opening
- Accounting & bookkeeping
- Corporate tax registration
- Corporate tax return filing
- VAT registration & returns
- Tax audit support
- Licence & visa renewals
- AML & UBO compliance
- PRO & government services
Ras Al Khaimah company setup terms
All-in package
RAKEZ pricing model: licence, registration and visa government fees in one published annual price, set by visa quota.
Visa quota
The number of residence visas a package can sponsor. At RAKEZ it defines the package price (0 to 3+).
Federal residence visa
A UAE residence visa is national, whichever emirate sponsors it: you can live, work and bank in Dubai with a RAK-sponsored visa.
Entry permit
The document that starts each residence visa: lets the applicant enter the UAE or change status inside the country.
Medical + Emirates ID
Mandatory federal medical test and biometric ID on every visa issue and renewal, at standard federal rates.
Offshore company
A RAK ICC entity for holding assets and international invoicing: no office, no visas, no UAE trading.
QFZP
Qualifying Free Zone Person: the regime that keeps qualifying free zone income at 0% corporate tax.
MOA
Memorandum of Association: the constitutional document of the company, issued at incorporation.
Setting up a company in Ras Al Khaimah: frequently asked questions
Is Ras Al Khaimah the cheapest place to open a UAE company?
Among the established free zones it is one of the lowest all-in entry points: AED 6,000 at RAKEZ versus from AED 12,520 in Dubai free zones. RAKEZ also includes the visa and registration fees that Dubai zones bill separately, so the difference usually holds once everything is added up.
Can I live in Dubai with a Ras Al Khaimah company?
Yes. The residence visa a RAKEZ company sponsors is a federal UAE visa, not an emirate-specific one: you can live in Dubai, rent, get a driving licence and open personal and business bank accounts anywhere in the country. It is a common setup: a RAK licence and life in Dubai.
How long does it take to open a company in Ras Al Khaimah?
The licence is typically issued within days of a complete application. The residence visa process (entry permit, medical, Emirates ID, stamping) adds 1 to 3 weeks; it is the same federal process as everywhere in the UAE. The bank account runs in parallel and can take from days to several weeks depending on your profile.
What is the difference between RAKEZ and RAK ICC?
RAKEZ is the operating free zone: trade licence, office facilities and residence visas for operating companies. RAK ICC is an offshore registry: entities for holding assets, shares or property and invoicing internationally, with no office, no visas and no trading inside the UAE. They serve different purposes and are often combined: an ICC holding above a RAKEZ operating company.
How much does it cost to set up a company in Ras Al Khaimah?
At RAKEZ the year-1 government cost is one all-inclusive package priced by visa quota: AED 6,000 with no visas, AED 14,000 with 1 visa, AED 18,000 with 2 and AED 22,000 with 3, with licence, registration and visa government fees included. The package renews annually at the same published rate. Our service fee is quoted separately.
Can a foreigner own 100% of a Ras Al Khaimah company?
Yes. RAKEZ free zone companies and RAK ICC offshore entities have always allowed 100% foreign ownership, with no local sponsor or Emirati partner.
What taxes does a Ras Al Khaimah company pay?
Exactly the same as anywhere in the UAE, because tax is federal: 9% corporate tax only on profit above AED 375,000 (qualifying free zone income can stay at 0% under the QFZP regime), 5% VAT with mandatory registration above AED 375,000 turnover, and 0% personal income tax on salary and dividends. Choosing RAK changes the entry price; the taxes are the same.
Is opening a bank account harder with a RAK company?
The banks are national, so a RAK company applies at the same banks as a Dubai one. Approval depends on your activity, flows and residency; some ask more questions when the package is very low-cost, so the file needs to be complete. The bank decides on approval and no provider can guarantee it.
Do I need a physical office in Ras Al Khaimah?
No. The RAKEZ package covers the legal address requirement, and physical offices or warehouses are optional upgrades if your operation needs them. You do not need to live or work in Ras Al Khaimah to keep the company.
What does it cost to keep a RAK company alive each year?
The same package price, every year: AED 6,000 without visas, AED 14,000 with 1 visa, AED 18,000 with 2, AED 22,000 with 3, visa government fees included. Each visa holder re-runs the standard federal medical and Emirates ID steps on the two-year visa cycle.
Can I set up a RAK company without travelling to the UAE?
Yes. The licence and corporate documents are processed fully remotely. You only need to enter the UAE when you activate your residence visa (medical test and biometrics), and some banks require one in-person meeting.
Can I move from RAKEZ to a Dubai free zone later?
Yes. The usual route is a new licence in the target zone with assets and contracts migrated, or running both in parallel during the transition. It is common to start at RAKEZ for the cost and move to Dubai when clients or the bank ask for it; we plan it with you.
Where these numbers come from
Every figure on this page traces to an official source. Rates change, so we verify them before every engagement.
- RAKEZ: Ras Al Khaimah Economic Zone
- RAK ICC: RAK International Corporate Centre
- UAE Federal Decree-Law No. 32 of 2021 on Commercial Companies
- UAE Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses
- UAE Federal Decree-Law No. 8 of 2017 on Value Added Tax
- ICP: UAE residence visa rules
Ready to set up in Ras Al Khaimah?
Tell us your activity and how many visas you need. Within 24 hours we send you the recommended structure, the total cost and the timeline in writing.
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