Fees and timelines in 2024
Fees
Incorporation costs in Year 1 amount to US$4,850 and annual company costs in Year 2 and thereafter amount to US$1,300. The average fees per engagement amounts to US$21,800, including company incorporation, and corporate bank account. Refer to draft invoice embedded here.
RAK free zones | Year 1 Cost | Year 2 Cost | Draft Invoice |
---|---|---|---|
Free zone company | US$21,800 | US$11,269 | View invoice PDF |
Legally tax exempt LLC | US$16,714 | US$5,620 | View invoice PDF |
Tax resident LLC | US$23,400 | US$10,469 | View invoice PDF |
Joint stock company | US$23,400 | US$10,469 | View invoice PDF |
Branch of a foreign company | US$23,400 | US$10,469 | View invoice PDF |
Representative office | US$23,400 | US$5,519 | View invoice PDF |
RAK Commercial agency | US$16,200 | NA | View invoice PDF |
RAK Turnkey solution | US$26,600 | US$5,769 | View invoice PDF |
Timelines
The average Ras Al Khaimah company registration period is 15 weeks as outlined below: