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Company Formation Charges

Free Zone Companies


Description Periodicity Industrial Commercial/Trading General Trading Consulting / Services / Professional Media*
Registration Charges One Time 5000 5000 5000 5000 5000
Immigration File Opening One Time 1000 1000 1000 1000 1000
Certificate of Incorporation One Time 1000 1000 1000 1000 1000
Service Charges One Time 2000 2000** 2000 2000 -
* RAK Chamber of Commerce & Industry Membership Yearly 5000 5000 (Optional) 5000 (Optional) 5000 (Optional) -
RAKIA License Fee Yearly 10000 8000 15000 10000 10000
TOTAL
24000 17000 24000 19000 17000
Memorandum of Association (MOA)
(not applicable for branch & establishment) 		One Time 2500 2500 2500 2500 2500
RENEWAL FEES
Chamber Membership Yearly 5000 5000 (Optional) 5000 (Optional) 5000 (Optional) -
RAKIA License Fee Yearly 10000 8000 15000 10000 10000
TOTAL
15000 8000 15000 10000 10000
Additional Activity Yearly 1000 1000 1000 1000 1000

* The Chamber of Commerce membership for Contracting companies under Commercial license would be AED 5500/-
**Applicable only for FZ-LLC . For FZE there is no Service Charge
NOTE- Basic Space Options: which is must as per RAKIA Properties e.g. Flexi Desk, Office Space, warehouse, land etc. For rates pl refer Tariff Card.

Non Free Zone Companies


Description Periodicity Industrial Commercial/Trading General Trading Consulting / Services / Professional
Registration Charges One Time 5000 5000 5000 5000
Immigration File Opening One Time 1000 1000 1000 1000
Service Charges One Time 2000 2000 2000 2000
Trade Name One Time 5000 5000 5000 5000
Registration with Economic Department** Yearly As per tariff As per tariff As per tariff As per tariff
* RAK Chamber of Commerce & Industry Membership Yearly 5000 5000 5000 5000
Municipality Charges Yearly 5500 2750 2750 2750
License Fee Yearly 10000 8000 15000 10000
TOTAL
33500 28750 35750 30750
Memorandum of Association (MOA)
(not applicable for branch & establishment) 		One Time 2500 2500 2500 2500
RENEWAL FEES
Registration with Economic Department Yearly As per tariff As per tariff As per tariff As per tariff
Chamber Membership Yearly 5000 5000 5000 5000
Municipality Charges Yearly 5500 2750 2750 2750
License Fee Yearly 10000 8000 15000 10000
TOTAL
20500 15750 22750 17750

** Eco. Department Registration
Capital up to 4.99 million = AED 2750, Capital up to 9.99 million = AED 5500, Capital over 10 million = AED 11000
RAKIA SPONSORSHIP:
Note- RAKIA Sponsorship yearly fees in the 1st year would be Dh 25,000/- and for subsequent years as per turn-over of the company as detailed in next page

* The RAK Chamber of Commerce & Industry membership for Contracting companies under Commercial license would be AED 5500/-

INITIAL CAPITAL REQUIREMENTS (AS ON NOVEMBER 2009)

All rates are in AED

Type of Entity Industrial Commercial / Trading General Trading Consulting / Services
Free Zone Limited Liability Company(FZ-LLC) AED 200000 Not Required Not Required Not Required
Free Zone Establishment (FZE) AED 150000 Not Required Not Required Not Required
Free Zone Branch (FZB) Not Required Not Required Not Required Not Required
Non Free Zone Limited Liability Company (LLC) AED 200000 AED 150000 AED 500000 AED 150000
Non Free Zone Establishment (IE) AED 150000 AED 100000 AED 250000 AED 100000
Non Free Zone Branch (FZB) Not Required Not Required Not Required Not Required

Note:

  1. For LLC companies, If more than 2 partners then + AED100,000 per new partner would be required.
  2. For Contracting License: The minimum capital requirement would be as per the RAK Economic Dept. guidelines
  3. All rates are in subject to change without notice