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 M | 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 | Per 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
Special Flexi Office
- Executive Office – PAK
| PACKAGE | AED | STATUS |
|---|---|---|
| Commercial License | 3650 | Per year |
| Registration Fees | 7000 | One-off fee |
| Executive Office – 25 M | 42500 | Per year |
| Services Fee | 1200 | Per year |
| Total in AED | 54350 | |
| Total in US Dollar | 14890 |
Related Notes:
- In case of renting Executive Office, the applicant has to pay one month rent advance 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
- 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 |
| Services Fee | 1200 | Per year |
| Total in AED | 30850 | |
| Total in US Dollar | 8452 | |
| Applicable for 2 visas | ||
- 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 |
| Services Fee | 1200 | Per year |
| Total in AED | 24350 | |
| Discount | -4350 | |
| Total in UAE AED | 20000 | |
| Applicable for 1 visa | ||
- Commercial License – Warehouse
| PACKAGE | AED | STATUS |
|---|---|---|
| Commercial License | 3650 | Per year |
| Registration Fees | 7000 | One-off fee |
| Warehouse – 205 M ( including storing space , office & complementary services) | 41000 | Per year |
| Services Fee | 1200 | Per year |
| Total in AED | 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 | Per year |
| Network Access Port | 1 | Per year |
| Voice Mail | 1 | |
| 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
