RAKIA Free Zone Company Formation

This is one of the top ten questions that clients don’t ask but should have answers to. This question deals with Cost Of Incorporation. Please watch this RAKIA Free Zone Company Formation video for more information:

RAKIA Free Zone Company Formation 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.

RAKIA free zone company formation renewal fee starts at AED 10,000 [US$ 2750].

Please fill in the form on the right side for more information about your own offshore company and offshore bank account.

RAKIA Free Zone Company Formation documents required are: Passport copy, Utility bill and an Original Bank reference letter.

RAKIA Free Zone Company Formation minimum capital that is 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 RAKIA free zone company formation and licensing  is 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].

RAKIA  Free Zone Company Formation fee for completing the 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.

Please fill in the form on the right side for more information about your own offshore company and offshore bank account.

Contact us with your specific requirements and see us go through hoops to get your work done.

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