RAKIA Company Setup Information & Costs - UAEConsultants

RAK Investment Authority (RAKIA)

Free zone is a particular geographical area in the emirate where 100% foreign ownership is allowed. Free zones do not require partnership with a UAE citizen or with a local service agent.

  • Founded in:  2005
  • Location:  Ras-al-khaimah
  • Time for registration: 7-10 days
  • Types of licenses: trading, service, industrial
  • Types of companies:  a new company, branch, subsidiary
  • Share capital:  minimum share capital is USD 27,397 or AED 100,000 (depositing into bank account is not required!)

RAK Investment Authority or RAKIA Free Zone is located in the emirate of Rak Al Khaimah which is 45 min drive from Dubai. Currently, more than 7,500 companies are registered in RAKIA.

RAKIA Free Zone is located in the immediate vicinity of 2 highways, 3 sea ports and 3 international airports. 

In addition, RAKIA Investment Authority hosts two industrial parks, Al Hamra and Al Ghail, with a total area of 3,000 sq. m.

In RAKIA Free Zone clients can rent a working space, an office, a warehouse or a plot of land.

FACTS YOU SHOULD KNOW ABOUT RAK Investment Authority (RAKIA)

MAIN TYPES OF BUSINESS ACTIVITIES IN RAK Investment Authority (RAKIA)

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COSTS OF BUSINESS SETUP

RAK Investment Authority (RAKIA)
  • Registration feeAED 17,000 / USD 4,660
  • License
  • Flexi-desk* (work space)
  • TOTALAED 17,000 / USD 4,660
  • *Rent of a flexi-desk makes the owner of the company eligible for a resident visa.

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