Company formation · Updated 2026

Set up a company in Ras Al Khaimah: 100% online, all on one platform

Choose your structure, get the licence, process the residence visas and open the bank account — we guide you through the whole journey, fully remote and with 100% foreign ownership. No glossing over what matters: RAKEZ prices the whole setup as one package that renews at the same rate, and once the company is live, the same platform runs its accounting, tax and compliance. Here is that 2026 number, what it includes, and when Dubai is worth the difference.

Licence
issued in days
Ownership
100% foreign
Packages
all-in, visas bundled
Gov. cost, year 1
from AED 6,000
The first decision

RAKEZ, offshore or Dubai: which setup fits you?

Best value

RAKEZ free zone

The cost-driven default: services, consulting and trading with the UAE’s lowest all-in government cost and predictable renewals. Visas included by quota.

Get your RAKEZ plan
Asset holding

RAK ICC offshore

Holding assets, shares or property, or invoicing internationally without UAE operations. No office, no visas — fees quoted per structure.

Ask about offshore
Brand-sensitive

Need Dubai instead?

If your clients or bank expect a Dubai address, the premium is real but so is the signal. Dubai free zones start at AED 12,520 in government fees.

See Dubai costs and zones
Side by side

Ras Al Khaimah vs Dubai free zones, side by side

Comparison of RAKEZ, Dubai free zones and RAK ICC offshore
FeatureRAKEZ (free zone)Dubai free zonesRAK ICC (offshore)
Foreign ownership 100%100%100%
Government cost, year 1 From AED 6,000 all-inFrom AED 12,520Lowest — quoted per case
Pricing model One package, visas bundledLicence + separately billed add-onsRegistry fees only
Residence visas Yes — by package quotaYes — by package or officeNo
Live in Dubai? Yes — the visa is federalYesNo visa attached
Prestige with banks StandardStrongest (DMCC premium)Hardest — expect scrutiny
Best for Cost-driven services and tradingBrand-sensitive and premium setupsHolding assets and shares
The process

How to open a company in Ras Al Khaimah, step by step

  1. Day 0

    Package and activity

    Visa quota and licence activity — the two choices that set your all-in price and your tax outcome. This is where we earn our fee.

  2. Days 1–3

    Licence application

    KYC, passport copies and application filed directly with RAKEZ as registered agent. No flight, no notary trip: everything is signed remotely.

  3. Days 3–5

    Licence issued

    Trade licence and corporate documents in hand. Your company legally exists and can sign contracts.

  4. Weeks 1–3

    Residence visa

    Entry permit, status change if you are in the UAE, medical test, Emirates ID biometrics and visa stamping — the standard federal process.

  5. In parallel

    Bank account

    Prepared file and introductions with banks that match your profile. Decision times vary from days to weeks — see the honest part below.

What you need

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.

Three registries, three purposes

Where in Ras Al Khaimah: RAKEZ, RAK ICC and RAK DAO

Ras Al Khaimah runs one free zone for operating companies, one offshore registry for holding structures, and one specialist zone for digital assets. Pick by what the company will actually do.

RAKEZ

Ras Al Khaimah Economic Zone
All-in
  • One package price by visa quota — licence, registration and visa fees bundled
  • 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
  • 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
Web3
  • Specialist free zone for digital-asset and web3 companies
  • Purpose-built licensing for activities mainstream zones decline
  • Worth it only if your activity actually needs it
  • We assess the fit before you commit
What it really costs

How much does it cost to set up a company in Ras Al Khaimah?

RAKEZ works differently from Dubai zones: instead of a licence plus separately billed add-ons, you pay one all-inclusive package priced by how many residence visas it sponsors. The number below is the whole year-1 government cost.

Year-1 all-inclusive government cost at RAKEZ by visa quota (AED, 2026 published rates)
RAKEZ packageGovernment cost, year 1
No visas AED 6,000
1 visa AED 14,000
2 visas AED 18,000
3 visas AED 22,000
Year-1 government cost by visa quota, visualised
No visas
AED 6,000
1 visa
AED 14,000
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 the single price — the add-ons 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, always itemised.
Run your exact numbers in the calculator
After year 1

Ras Al Khaimah company renewal costs after year 1

The all-in logic is what makes RAKEZ predictable: the package price you pay in year 1 is the price you renew at, visas included. No separately billed renewal add-ons.

Annual renewal from year 2 (AED)

Annual recurring government cost at RAKEZ by visa quota, 2026 published rates
RAKEZ packageAnnual 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)

Biennial visa renewal government cost at RAKEZ, 2026 published rates
RAKEZ packageExtra visa renewal fee
No visas AED 0
1 visa AED 0 — bundled in the package
2 visas AED 0 — bundled in the package
3 visas AED 0 — bundled 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. Compare that with Dubai zones, where visa renewals bill separately on top of the licence.

The honest section

Opening a business bank account with a RAK company, honestly

UAE banks are national: a Ras Al Khaimah company can open its account at the same banks, in the same branches, as a Dubai company. Compliance reviews your activity, your flows and your residency — not the emirate on the licence — though some relationship managers do ask more questions about very low-cost setups.

What we do: we prepare the file the way compliance teams want to read it and introduce you to banks that match your profile — including fintech alternatives when a traditional account is slow.

What nobody can do: guarantee an approval. The decision always rests with the bank. Anyone who promises you a guaranteed account is overselling — that is the test to run on any provider you talk to.

Get your banking file prepared
Why founders pick Ras Al Khaimah

Why establish your 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%. What changes is the entry price, not the tax bill.

One firm, the whole stack

We do everything your RAK company needs

Formation is the start, not the service. Dubase runs the entire corporate life of your company — one platform, one team, no hand-offs.

Talk to the team
Speak the language

Ras Al Khaimah company setup, term by term

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 — or change status inside — the UAE.

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.

FAQ

Setting up in Ras Al Khaimah: your questions, with numbers

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. The difference is not just the headline — RAKEZ bundles the visa and registration fees that Dubai zones bill separately, so the gap 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. Many founders run exactly this setup — RAK licence, Dubai life.

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 companies that actually do business. 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 solve different problems 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 — licence, registration and visa government fees bundled. The package renews annually at the same published rate. Service fees are charged on top — a serious provider always shows both numbers 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 — no local sponsor or Emirati partner is required.

What taxes does a Ras Al Khaimah company pay?

Exactly the same as anywhere in the UAE — 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, not the tax bill.

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 relationship managers ask more questions about very low-cost setups, which is why the file preparation matters. Nobody can guarantee an approval — the decision always rests with the bank.

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. Many founders start at RAKEZ for cost and move when the brand or the bank justifies the Dubai premium — we plan the path before you commit.

Ready to set up in Ras Al Khaimah?

Tell us what you are building. Within 24 hours you get the structure, the real total cost and the timeline — in writing.

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