Open a company in Ras Al Khaimah: 100% online, end to end

Choose the structure, get the licence, process the residence visas and open the bank account — we walk 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 team runs its accounting, tax and compliance. Here is that 2026 number, what it includes, and when Dubai is worth the difference.

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Editorial view of a Ras Al Khaimah business district with the Hajar Mountains behind it
Company formation · Updated 2026
issued in days Licence
100% foreign Ownership
all-in, visas bundled Packages
from AED 6,000 Gov. cost, year 1
The short answer

Opening a Ras Al Khaimah free zone company is a fully remote process: you pick the package and activity, we file the application directly with RAKEZ and the licence is issued in days; the residence visa adds 1 to 3 weeks and you keep 100% ownership, with no local sponsor. In year-1 government fees it costs from AED 6,000 (≈ $1,630) with no visas — the lowest all-in entry point in the UAE. With residence visas the package is AED 14,000 for 1, AED 18,000 for 2 and AED 22,000 for 3, visa government fees included, renewing at the same published rate. It is a federal UAE residence visa, so you can live and open a bank account anywhere in the country, including Dubai. Compare: Dubai free zones start at AED 12,520. Our professional fees are always quoted separately.

The first decision

RAKEZ, offshore or Dubai: which setup fits you?

Side by side

Ras Al Khaimah vs Dubai free zones, side by side

Comparison of RAKEZ, Dubai free zones and RAK ICC offshore companies
RAKEZ (free zone)Dubai free zonesRAK ICC (offshore)
Foreign ownership100%100%100%
Government cost, year 1From AED 6,000 all-inFrom AED 12,520Lowest — quoted per case
Pricing modelOne package, visas bundledLicence + separately billed add-onsRegistry fees only
Residence visasYes — by package quotaYes — by package or officeNo
Live in Dubai?Yes — the visa is federalYesNo visa attached
Reputation with banksStandardStrongest (DMCC premium)Weakest — expect scrutiny
Best forCost-driven services and tradingCompanies where brand and prestige come firstHolding assets and shares
The process

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

  1. 01

    Package and activity · Day 0

    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. 02

    Licence application · Days 1–3

    We file the KYC documentation, passport copies and application directly with RAKEZ. No flight, no notary trip: everything is signed remotely.

  3. 03

    Licence issued · Days 3–5

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

  4. 04

    Residence visa · Weeks 1–3

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

  5. 05

    Bank account · In parallel

    Prepared file and introductions to banks that match your profile. Decision times vary from days to weeks — see the banking section 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.

01

Passport copy

Valid for at least 6 months, for every shareholder and director.

02

Passport photo

Recent, white background — the authority uses it for the visa file.

03

Contact and address details

Personal address, phone and email for the KYC process.

04

Short activity description

What the company sells and to whom — we draft the licence wording.

05

Corporate documents

Only if a company (not a person) will be a shareholder: incorporation set, attested.

06

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.

All-in

RAKEZ · Ras Al Khaimah Economic Zone

  • 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 visas
  • Renews at the same published rate, no extra add-ons
  • Federal UAE residence visas: live and open bank accounts anywhere in the country
Offshore

RAK ICC · RAK International Corporate Centre

  • Offshore registry for holding assets and shares and international invoicing
  • No office, no residence visas, no trading inside the UAE
  • Common structure above an operating company or for holding property
  • Fees quoted per structure — ask us about your case
Web3

RAK DAO · Digital Assets Oasis

  • Specialist free zone for digital-asset and web3 companies
  • Licences designed 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 open 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 can sponsor. 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 visasAED 6,000
1 visaAED 14,000
2 visasAED 18,000
3 visasAED 22,000
  • The package is all-inclusive: the licence, registration and the visa government fees for the quota are bundled into one price. The add-ons Dubai zones bill separately, like the establishment card and visa processing, are part of the RAKEZ package.
  • The package renews annually at the same published rate: what you pay in year 1 is what you pay in year 2. Each visa holder must complete the standard federal steps — the medical test and Emirates ID biometrics — as everywhere in the UAE.
  • Same rates as our cost calculator: RAKEZ published packages for 2026. Our professional fees are quoted separately — always itemised.
Run your exact numbers
After year 1

Ras Al Khaimah company renewal costs after year 1

Annual renewal from year 2 (AED)

Annual recurring government cost at RAKEZ by visa quota, 2026 published rates
RAKEZ packageAnnual renewal
No visasAED 6,000
1 visaAED 14,000
2 visasAED 18,000
3 visasAED 22,000

Visa renewal every 2 years (AED)

Biennial visa renewal government cost at RAKEZ, 2026 published rates
RAKEZ packageExtra renewal fee
No visasAED 0
1 visaAED 0 — bundled
2 visasAED 0 — bundled
3 visasAED 0 — bundled

Visa government fees are bundled into the annual package, so the two-year visa cycle does not add a separate zone invoice. On each renewal, the visa holder must repeat the federal medical test and Emirates ID biometrics, as everywhere in the UAE. Dubai zones, by contrast, bill visa renewals 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 teams review your activity, your flows and your residency — not the emirate on the licence — though some relationship managers ask more questions about very low-cost packages.

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 promising more than they can deliver — 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 corporate tax, VAT and 0% personal income tax as a Dubai company — including the QFZP regime, which keeps qualifying free zone income at 0%. What changes is the entry price, not the tax bill.

Speak the language

Ras Al Khaimah company formation, term by term

RAKEZ (Ras Al Khaimah Economic Zone)

Ras Al Khaimah economic authority offering free-zone and non-free-zone licences, facilities, immigration services and business support.

RAK DED (Department of Economic Development)

The emirate economic department responsible for mainland licences and certain commercial registrations in Ras Al Khaimah.

RAK ICC (RAK International Corporate Centre)

A registry for offshore companies and wealth vehicles. It should not be confused with a RAKEZ operating licence.

FZE and FZC

Free-zone company forms with one or multiple shareholders, respectively, subject to the authority's rules.

Facility

Coworking, office, warehouse, industrial unit or land linked to the package and licensed activity. It can affect visas and substance.

QFZP (Qualifying Free Zone Person)

A 0% Corporate Tax regime for qualifying income of a free-zone person that meets all statutory conditions.

Establishment Card

The company's immigration registration, required to sponsor shareholder and employee visas.

UBO (Ultimate Beneficial Owner)

The natural person who ultimately owns or controls the company and must be declared under UAE rules.

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 sets the package price, from 0 to 3 or more.

Federal residence visa

A UAE residence visa is national, whichever emirate sponsors it: you can live, work and open bank accounts 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 required 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 trading inside the UAE.

MOA (Memorandum of Association)

The constitutional document of the company, issued at incorporation.

FAQ

Opening a company 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 test, Emirates ID and visa 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, 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 open 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 included. The package renews annually at the same published rate. Professional 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. Full foreign ownership is also available for many mainland activities, but the legal form and approvals must be checked with RAK DED for the specific case.

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, 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 packages, 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 and AED 22,000 with 3 — visa government fees included. Each visa holder re-runs the federal medical test and Emirates ID steps on the two-year visa renewal cycle.

Can I open 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, for the 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 companies 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 transition before you commit.

Keep going

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