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Investment Opportunities - RAK Free Zone

We thank you for your interest in RAK Free Trade Zone. With reference to your enquiry, please find mentioned below, comprehensive information about the various options you could avail and the costs you would incur to establish your business with us.

Facilities (Executive Office, Flexi Office, Flexi Desk, Warehouse & Land)

Please note that the below given rates of offices are for the RAK Business centre 4, which contains various size of offices from 12 to 2200 SQM for which the rent rates are between AED1500 to AED1700 & 1900 /SQM for the Furnished offices Per Year. However, for BC1, BC2 & BC3 there will be furniture rental charges.

The following tables give you the basic cost of the various licenses, facilities and the other charges applicable with mentioning other direct costs at the notes section:-

General Trading License


RAK Business Park – Business Centre # 4

Executive Office

PACKAGE

AED

STATUS

General Trading License

15000

Per year

Registration Fees

7000

One-off fee

Office - 25 M²

42500

Per year

Services Fee

1200

Per Year

Total  in AED

65700

 

Total in US Dollar

18000

 


Related Notes:

  • In case of renting Executive Office, the applicant has to pay one month rent advance as a maintenance fee.
  • The applicant has to pay a Security Deposit - AED 3000 in case of renting executive office, flexi facilities.
  • The applicant of executive office has to pay for the fixed telecommunication and IT services charges of minimum AED 360 per month.
  • The applicant has to furnish their office. They have the option to allow RAK FTZ to offer their service to procure the furniture and provide the quotation or applicant can select from the approved set of fixture and furniture from approved listed supplier to serve their needs.



RAK Business Park – Business Centre # 2

Special Flexi Office

PACKAGE

AED

STATUS

General Trading License

15000

per year

Registration Fees

7000

one-off fee

Shared Furnished Office

26000

Bookmark: OLE_LINK6per year

Services Fee

1200

Per Year

Total  in AED

49200

 

Total in US Dollar

13479

 

Applicable for 2 visas

 

 


Related Notes:

  • The applicant has to pay a Security Deposit - AED 3000 in case of renting executive office, flexi facilities or mobile office.

Commercial License

RAK Business Park – Business Centre # 4

A-) Executive Office - PAK

PACKAGE

AED

STATUS

Commercial License

3650

per year

Registration Fees

7000

one-off fee

Executive Office   - 25 M²

42500

per year

Service Fees

1200

Per Year

Total  in UAE AED

54350

 

Total in US Dollar

14890

 


Related Notes:
  • In case of renting executive office, the applicant has to pay one month rent as in advance of the renting fees as a maintenance fee.
  • The applicant of executive office has to pay for the fixed telecommunication and IT services charges of minimum AED 360 per month.
  • The applicant has to furnish their office. They have the option to allow RAK FTZ to offer their service to procure the furniture and provide the quotation or applicant can select from the approved set of fixture and furniture from approved listed supplier to serve their needs.

RAK Business Park – Business Centre # 2

B-) Shared Office / Flexi Office - RAK


PACKAGE

AED

STATUS

Commercial License

3650

Per year

Registration Fees

7000

One-off fee

Shared Furnished Office

19000

Per year

Service Fees

1200

Per year

Total  in UAE AED

30850

 

Total in US Dollar

8452

 

Applicable for 2 visas

 

 



C-) Shared Workstation / Flexi Desk - RAK


Special offer

PACKAGE

AED

STATUS

Commercial License

3650

Per year

Registration Fees

7000

One-off fee

Networked Desk

12500

Per year

Service Fees

1200

Per year

Total in UAE AED

24350

 

Discount

-4350

 

Total in UAE AED

20000

 

Applicable for 1 visa

 

 


Industrial Park

D-) Commercial License - Warehouse

PACKAGE

DHS

STATUS

Commercial  License

3650

per year

Registration Fees

7000

one-off fee

Warehouse  - 205 M² ( including storing space , office & complementary services)

41000

per year

Service Fees

1200

per year

Total  in UAE Dhs

52850

 

Total in US Dollar

14479

 


* Normal Power Load


Related Notes:

  • In case of renting warehouse, the applicant has to pay one month in advance of the renting fees in addition of the rental fees as a maintenance fee.
  • The Renting charge is 280/M of power load – 15KW at Technology Park.

Common Notes

  • It takes 5 to 6 days to register the company from the date of submitting the application and settling the full payment.
  • The Commercial License allows dealing with 7 similar categories or 2 different categories.
  • The General Trading License allows dealing with more than 7 categories.
  • The applicant of executive offices has to pay for the fixed telecommunication and IT services charges of minimum AED 360 per month. Usage of telecommunication will be charged separately and will be billed every month
  • One time installation fee AED 550 for the below mentioned items are applicable for all executive office setup.

Service Description

QTY

Installation Charge

Phone

1

 

Internet

1

 

Analog Port

1

 

Network Access Port

1

 

Voice Mail

1

 

Email

1

 

Support Contract (Bronze)

1

 

Total Charges

 

550

  • Urgent License preparation fees - AED 1000.
  • Urgent Legal documentation charges - AED 1000
  • Cancellation Charges:           

 

Before Issue of Registration Certificate

AED 3000*

After Issue of Registration certificate but before issue of License

AED 8000*

After Issue of License

No Refund

*Plus additional cost depends on the case (visa cancellation, rent fees…etc)

  • Additional fees have to be made for legal documents in case of FZC (AED 2350 - one-off fee)
  • Legal documents charges for more than 3 partners - AED 3000 for Legal Documents and   AED 500 for Power of Attorney.
  • To be eligible for “Investor / Partner status” the partner should have AED 50,000 worth of Share in the capital of the company.
  • In case of appointing a manager it is required to submit official appointment letter, translated educational certificate and power of attorney. Manager name need to be officially mentioned in the license.
  • The length of each warehouse size of 205 M with a dimension of 14.60 M Length, 14.50 M Width & 6.7 M Height.
  • The rate of the Chamber of Commerce Certificate (Membership Certificate) is AED 1800 Yearly.

 Original Application must be submitted along with related documents to process the chamber membership.
Original chamber certificate Application form is not include the package and be collected or sent upon request.

  • Cleaning Services are provided by RAKFTZ and are included in the rental fees Just for Business Centre  facilities (including executive offices, flexi office and of flexi desk)
  • Total numbers of visas are linked to the nature of the activity.
  • Any company willing the office & warehousing facility would be required to pay in advance for the period and will be provided with flexi-office during the construction period. All charges related to Flexi Office will apply for the period (AED 19,000/-P.a for a flexi-office with min 2 Visas requests). This would be applicable until the offices & warehouses are ready for occupation.
  • Important Note: Once Registration is done, Bank A/C on company name should be opened within 30 days to avoid re-registration fee.
  • For business centre services in Dubai additional charge of AED: 5000/- is applicable.
  • For Business Centre Services in Abu Dhabi, additional charge of AED: 6800/- is applicable
  • The facilities rent will be charged from the date of Lease Deed.
  • For business centre services in Dubai or Abu Dhabi, additional charges are applicable.
  • The facilities rent will be charged from the date of Lease Deed.
  • Renewal of license should be made prior to the license expiry. A grace period of 6 months from the date of expiry will be provided. If it exceeds, then the license should be renewed for the next 3 consecutive years, instead of yearly renewal.
  • An audit report will be required at the time of renewal

 

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