RAKEZ Company Setup Cost Calculator
Estimate your complete business setup costs in Ras Al Khaimah Economic Zone with our comprehensive calculator
What is RAKEZ?
RAKEZ (Ras Al Khaimah Economic Zone) is one of the UAE's most cost-effective and business-friendly free zones, located in the northern emirate of Ras Al Khaimah. Established by the Government of Ras Al Khaimah, RAKEZ has become a powerhouse supporting over 38,000 companies from more than 100 countries across 50+ industry sectors.
RAKEZ offers entrepreneurs, startups, SMEs, and industrial businesses an attractive environment with 100% foreign ownership, zero corporate and personal income tax, and complete capital and profit repatriation. The zone is strategically located just 45 minutes from Dubai International Airport and provides access to RAK Airport and its own seaport.
Key Benefits of RAKEZ:
- 100% Foreign Ownership - No local sponsor required
- 0% Tax - No corporate or personal income tax
- Full Profit Repatriation - Transfer 100% of capital and profits
- Fast Setup - Company formation in 2-10 working days
- Flexible Licensing - Multiple license types for various business activities
- Affordable Packages - Starting from AED 6,000 per year
- No Import/Export Duties - Tax-free trading
- Multiple Visa Options - From 0 to 6+ visa quotas
💼 RAKEZ Cost Calculator
📊 Detailed Cost Breakdown
License Package Costs
Additional Costs
📐 Cost Calculation Formulas
1. Total Setup Cost Formula
Total Cost = License Package Cost + (Additional Visas × Visa Cost) + Office Upgrade Cost + Additional Services Cost
This formula calculates the complete initial setup cost by adding all selected components together.
2. Additional Visa Cost Formula
Additional Visa Cost = Number of Visas × (3,800 + 300 + 370)
Additional Visa Cost = Number of Visas × 4,470 AED
Where: 3,800 AED (visa fee) + 300 AED (medical test) + 370 AED (Emirates ID) = 4,470 AED per visa
3. Annual Renewal Cost Formula
Annual Renewal Cost ≈ Initial Setup Cost
RAKEZ renewal costs are typically the same as initial setup costs. However, multi-year packages offer discounts of 5-15%.
4. Cost Per Visa Calculation
Cost Per Visa = (Total Package Cost) ÷ (Number of Visas Included)
This helps compare different packages by calculating the effective cost per visa. For example, the 2-visa package (AED 25,000) costs AED 12,500 per visa.
📝 How to Use This Calculator
Choose License Package
Select the license package that best suits your business needs based on the number of visas you require and your business type.
Add Extra Visas
If you need more visas than what's included in your package, specify the number of additional employee visas required.
Select Office Upgrade
Choose if you want to upgrade your workspace from the basic option to a dedicated desk, standard office, or executive office.
Add Services
Check the boxes for any additional services you need, such as extra business activities, bank account support, or PRO services.
Calculate Total
Click the "Calculate Total Cost" button to see your complete estimated setup cost with a detailed breakdown of all components.
Review & Plan
Review your estimated costs and use this information to plan your budget. Remember that actual costs may vary based on specific requirements.
💡 Pro Tip: Consider multi-year packages for additional savings. RAKEZ offers 2, 3, and 4-year packages with discounts ranging from 5% to 15% on renewal costs. This can save you thousands of dirhams over time!
⚙️ How This Calculator Works (Methodology)
This calculator uses official RAKEZ pricing data and government-approved fee structures to provide accurate cost estimates for business setup in Ras Al Khaimah Economic Zone. Here's how the calculation methodology works:
Step 1: Base License Package Selection
The calculator starts with your selected license package, which includes the business license, establishment card, immigration file, office/desk space, and a specific number of visa quotas. Package costs are based on official RAKEZ pricing:
- Zero Visa: AED 6,000 (no visa quota)
- 1 Visa Professional: AED 12,000
- 1 Visa Trading: AED 13,500
- 2 Visa: AED 25,000
- 4 Visa: AED 34,000
Step 2: Additional Visa Calculation
If you need more visas than included in your package, the calculator multiplies the number of additional visas by the total per-visa cost:
Additional Visa Cost = Quantity × 3,800 AED
This includes visa processing, medical test (AED 300), and Emirates ID (AED 370), totaling approximately AED 4,470 per visa when all components are included.
Step 3: Office Space Upgrade Cost
Most packages include basic flexi-desk space. If you select an upgrade, the calculator adds the additional cost:
- Better Flexi-desk: +AED 5,000
- Standard Office: +AED 13,000
- Executive Office: +AED 28,000
Step 4: Additional Services Aggregation
The calculator sums up all selected additional services:
- Extra Business Activity: AED 1,000
- Bank Account Opening Support: AED 2,500
- PRO Service Support: AED 3,000
Step 5: Total Cost Computation
Finally, all components are added together using the comprehensive formula:
Total = Base Package + (Extra Visas × 3,800) + Office Upgrade + Services
⚠️ Important Note: All pricing data in this calculator is sourced from official RAKEZ documentation and authorized service providers as of 2025. Costs are subject to change based on RAKEZ policies, government regulations, and specific business requirements. Always verify current pricing with RAKEZ directly before making financial commitments.
❓ Frequently Asked Questions (FAQs)
Q1: What is the minimum cost to set up a company in RAKEZ?
The minimum cost starts from AED 6,000 for a zero-visa package, which includes a business license and flexi-desk facility. This is ideal for entrepreneurs who don't require UAE residency visas.
Q2: How long does it take to set up a RAKEZ company?
RAKEZ offers one of the fastest setup processes in the UAE. License issuance typically takes 2-3 business days after submitting all required documents. The complete setup including visa processing can be completed within 7-10 working days.
Q3: What is included in the RAKEZ all-inclusive package?
The all-inclusive package (starting from AED 16,500) includes business license, flexi-desk/office space, establishment card, immigration file, E-channel registration, and 1 UAE residence visa. It provides everything you need to start operating legally.
Q4: Are there any hidden costs in RAKEZ company setup?
RAKEZ is known for transparent pricing. However, be aware of additional costs like visa medical tests (AED 300), Emirates ID (AED 370), bank account opening fees, and potential PRO service charges if you use a consultant.
Q5: What is the renewal cost for a RAKEZ license?
License renewal costs are typically the same as the initial setup cost. For example, if your initial license cost was AED 13,500, the annual renewal will also be AED 13,500. Multi-year packages offer discounts.
Q6: Can I get 100% ownership of my RAKEZ company?
Yes, RAKEZ offers 100% foreign ownership with no requirement for a local sponsor. You maintain complete control and ownership of your business and can repatriate 100% of capital and profits.
Q7: What types of visas can I get with a RAKEZ license?
RAKEZ licenses allow you to apply for investor visas, employee visas, and dependent visas. The number of visas depends on your office space size and license package. Packages range from 0 to 6+ visa quotas.
Q8: Do I need to rent physical office space in RAKEZ?
Yes, having a registered office address is mandatory. However, RAKEZ offers flexible options starting with flexi-desks (shared workspace) from AED 7,000 per year, which is included in most packages.
Q9: Is RAKEZ suitable for e-commerce businesses?
Absolutely! RAKEZ offers dedicated e-commerce licenses with competitive pricing. Many packages include both General Trading and E-Commerce licenses together, allowing you to operate both online and offline businesses.
Q10: What are the tax benefits of setting up in RAKEZ?
RAKEZ companies enjoy 0% personal income tax, 0% corporate tax (for qualifying free zone businesses), no customs duties on imports/exports, and full repatriation of capital and profits. VAT at 5% applies to applicable transactions.
🔗 Official Sources & References
All information and pricing data in this calculator is compiled from official RAKEZ sources and verified business setup consultants. For the most accurate and up-to-date information, please visit these official resources:
🏢 Official RAKEZ Resources
📞 Contact RAKEZ Directly
Phone: +971 7 204 1111
Email: info@rakez.com
Address: Ras Al Khaimah Economic Zone, Ras Al Khaimah, UAE
⚠️ Disclaimer: This calculator provides estimated costs based on publicly available information as of 2025. Actual costs may vary depending on specific business requirements, selected activities, timing, and RAKEZ policy changes. Always verify current pricing and requirements directly with RAKEZ before making any financial decisions.
✍️ About the Author
Adam
Business Setup Consultant & Financial Calculator Expert