Fees and timelines

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$14,850, including company incorporation, and corporate bank account. Refer to draft invoice embedded here.

RAK free zonesYear 1 CostYear 2 CostDraft Invoice
RAK Free ZoneUS$14,850US$10,200
RAK offshoreUS$8,870US$4,470
Rakia FTZUS$19,950US$8,200
RAK Media City Free ZoneUS$23,650US$16,850
RAK LLCUS$21,400US$10,400
RAK Joint Stock CompanyUS$21,400US$10,400
RAK Branch OfficeUS$21,400US$10,400
RAK Representative OfficeUS$21,400US$5,450

Timelines

The average Ras Al Khaimah company registration period is 9 weeks as outlined below:

ras al khaimah business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Ras Al Khaimah, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi