Compare RAKEZ Free Zone and Sharjah Research Technology and Innovation Park for Manufacturing & Industrial setup. Side-by-side comparison of fees, processing times, substance, and bank approval.
RAKEZ Free Zone vs Sharjah Research Technology and Innovation Park for Manufacturing & Industrial: RAKEZ Free Zone starts at AED 6,000 (90% bank approval) and Sharjah Research Technology and Innovation Park at AED 5,510 (85%). On Year-1 cost, Sharjah Research Technology and Innovation Park is the lower-priced option.
| Jurisdiction | Baseline Gov Fee | Processing Speed | Banking | Suited For |
|---|---|---|---|---|
| AED 6,000 | 3-4 days | Moderate | Light industrial, trading operations, cost scaling | |
| AED 5,510 | 5-10 days | Moderate | R&D and innovation, technology transfer, university partnerships |
Cost-effective setup with industrial and trading options in RAK
Manufacturing licences in UAE free zones grant access to industrial plots, pre-built warehouses, and labour accommodation. Environmental approvals from the UAE Ministry of Climate Change and Environment or the free zone authority are required before commencing production. Industrial licences typically require a higher minimum capital investment than commercial licences.
Manufacturing of goods within a free zone qualifies as a qualifying activity with a 0% corporate tax rate on qualifying income. Goods sold domestically attract 5% VAT, while re-exports from designated zones may be zero-rated.
Manufacturing companies benefit from working capital facilities, machinery financing, and letters of credit for raw material imports. Banks will request detailed production capacity data, supply contracts, and off-take agreements. Environmental compliance documentation is increasingly important for account opening.
RAKEZ's industrial zone offers pre-built factory units from 250 sqm with three-phase power connections and labour camp facilities on-site, enabling manufacturers to begin operations within weeks of licensing.
Feb 2026: NBF partnership renewed
Jan 2026: 19,000 new companies added in 2025, 40,000+ total
Jul 2025: MoU with ADIB for bank account opening
Company setup in RAKEZ Free Zone starts from AED 6,000 per year.
RAKEZ Free Zone processes company registrations in 3-4 working days.
Bank account approval probability is 90%. Banking difficulty is rated Moderate.
Most UAE free zones including RAKEZ Free Zone allow remote company incorporation. Bank account opening may require an in-person visit.
RAKEZ Free Zone does not require paid-up share capital for most standard license types. Share capital is notional.
RAKEZ Free Zone wins on 3 of 4 dimensions. We recommend RAKEZ Free Zone for cost-conscious founders and Sharjah Research Technology and Innovation Park if r&d and innovation, technology transfer, university partnerships.
Used the calculator to compare Meydan with five other zones — the Year 1 cost breakdown and banking scores made the choice clear in under 5 minutes.
Needed to see exactly what I was paying for at RAKEZ versus other zones. The itemized fee breakdown — license, visa, sponsorship — made the comparison transparent.
Wanted clarity on banking approval rates and substance rules by zone. The zone-specific banking data was something I couldn't find on any agent's website.
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