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 Package3,290 USD
Business Package incl. bank account3,990 USD
Privacy Package incl. bank account and nominee service4,990 USD
Annual fee from the second yearfrom 2,890 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
(Belize, Antigua)
Bank account “Business Plus”, incl. IBAN and BIC
550 USD
Bank account “Premium”
(Andorra, Austria*, Bahamas, Cayman Islands, Channel Islands,
Dubai*, Germany*, Hong Kong*, Liechtenstein, Luxembourg,
Monaco*, Montenegro, Switzerland*, United Kingdom, USA)
990 USD

Bank accounts in the UAE cannot be provided with nominee service.

* Personal visit required. 


RAK Free 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 year)
Package incl. one Residency Visa12,990 USD
Package incl. two Residency Visa17,990 USD
Additional visa for family members or employees3,900 USD
Larger Packages incl. more visas upon request.

Annual Fees (second year and following)
Package incl. one Residency Visa9,900 USD
Package incl. two Residency Visa12,900 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

*** 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.