RAK Company Formation Fees

RAK OFFSHORE COMPANY

The RAK Offshore Company is the perfect, tax free solution for international entrepreneurs conducting their business outside of the United Arab Emirates.

Basic Package 3,290 USD
Business Package incl. bank account 3,990 USD
Privacy Package incl. bank account and nominee service 4,990 USD
Annual fee from the second year* from 2,490 USD

Included services and documents:

  • Incorporation fees with standard capital
  • Annual maintenance for the first legal year
  • Annual Registered Office and Registered Agent
  • Annual License fee for the year of registration
  • Memorandum & Articles of Association
  • Certificate of Incorporation
  • Appointment of First Directors
  • Minutes of the First Directors
  • Registers of Directors, Officers, Members
  • Share Certificates
  • Free design of company seal

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Offshore bank accounts for RAK Offshore companies:
Offshore bank account Antigua & Barbuda incl.
Offshore bank account St. Vincent & the Grenadines incl.
Offshore bank account Mauritius (inkl. IBAN) 500 USD
Offshore bank account Malta (EU) (inkl. IBAN) 500 USD
Offshore bank account Cyprus (inkl. IBAN) 500 USD
Offshore bank account Andorra (inkl. IBAN) 900 USD
Offshore bank account Latvia (EU) (inkl. IBAN) 900 USD
Offshore bank account Luxembourg (EU) (inkl. IBAN) 900 USD
Offshore bank account Singapore (inkl. IBAN) 900 USD
Offshore bank account Monaco 900 USD
Offshore bank account Dubai (inkl. IBAN)** 900 USD
Offshore bank account Principality of Liechtenstein (inkl. IBAN) 900 USD
Offshore bank account Switzerland (inkl. IBAN) 900 USD

 

RAK FREE TRADE ZONE ENTITY

Due to the many options for an onshore company available in the Emirate of Ras Al Khaimah, we would be glad to provide you with a personal offer to fulfill your expectations and needs. The basic formation of a RAK Free Trade Zone company starts at 7,500 USD.

 

UAE COMPANY AND RESIDENCY PACKAGE

Set-up Fees ***(first calendar year)
Package incl. one Residency Visa 12,990 USD
Package incl. two Residency Visa 17,990 USD
Additional visa for family members or employees 3,900 USD
Larger Packages incl. more visas upon request.

Annual Fees (second calendar* year and following)
Package incl. one Residency Visa 9,900 USD
Package incl. two Residency Visa 12,900 USD

Included services and documents:

  • Incorporation of a Free Zone Establishment
  • Shared office in Ras Al Khaimah (Shared computer, desk and fax, including internet, electricity, water and air conditioning, for 2 hours of daily usage, 5 days a week)
  • Registered agent
  • Premium bank account in Dubai
  • Police clearance
  • Entry visa and residency visa application
  • Emirates ID card
  • Typing and shipping fees (Fedex)
  • Medical check

* January – December
** Due to UAE law, a personal visit is required. Accounts in the UAE cannot be provided with nominee service.
*** Above prices do not include the security deposit of AED 2,000 sponsorship for each employee/family member.

Optional services (virtual office, phone forwarding, driver’s license, insurance, real estate) are available upon request. Please contact us for further information.