RAKIA Free Zone Company Formation
The cost of a RAKIA free zone Consulting License starts AED 21,500 [US$ 5,900], but not including office space. This fee goes up for different licenses. Trading and other license costs are more.
Renewal fee starts at AED 10,000 [US$ 2750].
Documents required are a passport copy, a utility bill and an original bank reference letter.
The minimum capital required is around AED 150,000 [US$ 41,100]. This will go up depending on the type of activity and the number of partners, to a maximum of AED. 300,000 [US$ 82,200]. Currently this requirement is waived on a case to case basis.
This amount is released for use once the licensing and incorporation are complete. This amount has been done away with for certain categories of activities.
If you need any employee visas you need to have a minimum 10 sq mtr office at about AED. 8,000 [US$ 2,200] per annum. This allows you to be eligible for for 4 visas. The 3 year visa costs are around AED. 4,500 [US$ 1,230].
Our fee for completing the RAKIA free zone licensing process is AED 10,000 [US$ 2720]. The cost of our processing the visas is separate. For this fee you get our absolute commitment to ensure that your work is completed at the earliest possible.
The specific activities that you need to do in your company will define the kind of license you need.
Contact us with your specific requirements and see us go through hoops to get your work done.
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How many visa will be issued if we start one FZE in RAKIA
with small office setup in your permisses