Calculate the exact government registration fees, visa quotas, banking options, and corporate tax substance rules for a Tourism & Hospitality company in RAKEZ Free Zone, Sharjah.
A Tourism & Hospitality company in RAKEZ Free Zone, Sharjah, costs from AED 6,000 in Year 1, covering government registration and license fees. Registration takes 3-4 working days and bank-account approval is 90%. It suits Cost-effective setup with industrial and trading options in RAK.
| Jurisdiction | Baseline Gov Fee | Processing Speed | Banking | Suited For |
|---|---|---|---|---|
| AED 6,000 | 3-4 days | Moderate | Light industrial, trading operations, cost scaling | |
ANCFZ - Ajman NuVentures Centre Free ZoneVerified Data | AED 4,888 | 0-1 days | Easy | AI-powered zone for startups and tech companies with competitive pricing |
Sharjah Publishing City Free ZoneVerified Data | AED 4,999 | 1-2 days | Moderate | Fastest setup time and lowest entry cost for freelancers and startups |
Sharjah Research Technology and Innovation ParkVerified Data | AED 5,510 | 5-10 days | Moderate | R&D and innovation, technology transfer, university partnerships |
Ajman Free ZoneVerified Data | AED 5,555 | 1-3 days | Moderate | Competitive setup costs, fast processing, flexible visa options |
Masdar City Free ZoneVerified Data | AED 7,000 | 3-5 days | Moderate | Sustainability and clean tech focus, Abu Dhabi innovation hub |
Meydan Free ZoneVerified Data | AED 12,500 | 2-3 days | Moderate | Tech startups, e-commerce, and service companies wanting fast setup in Dubai |
IFZA - International Free Zone AuthorityVerified Data | AED 12,900 | 2-4 days | Moderate | Affordable Dubai setup with broad activity coverage, multi-year license discounts |
JAFZA - Jebel Ali Free Zone AuthoritySourced from public records | AED 40,211 | 3-5 days | Easy | Largest free zone, logistics hub, port access, trading and industrial activities |
Cost-effective setup with industrial and trading options in RAK
Tourism licenses cover travel agencies, tour operators, and tourism consultancy. A licence from the Department of Tourism and Commerce Marketing (DTCM) or equivalent emirate-level authority may be required in addition to the free zone licence. Tourism companies must deposit a bank guarantee with the tourism authority as consumer protection.
Tourism services qualify as a qualifying free zone activity. Tour packages, hotel bookings, and travel agency commissions attract 5% VAT. International air passenger transport is zero-rated.
Tourism companies handling client payments in advance should expect banks to request details of escrow or trust arrangements. Seasonal cash flow patterns are common in this industry and should be explained in the business plan. IATA accreditation strengthens the application for travel agencies.
Competitive. Warehouses and offices are 30-50% cheaper than Dubai, with warehouse rates starting from AED 25-40 per sq ft.
Tri-port access. Direct links to Sharjah International Airport (air cargo hub) and marine ports on both the Arabian Gulf and Gulf of Oman.
Large industrial and manufacturing workforce, with easy access to commuting professional talent from Dubai.
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.
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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