"Maritime services, ship building, port operations in RAK"
Setting up a company in RAK Maritime City, Ras Al Khaimah, UAE, costs from AED 10,000 in Year 1 — covering government registration and license fees. Registration takes 2-4 working days, and the published bank-account approval probability is 83%. It suits Maritime services, ship building, port operations in RAK.
| Package | Visa Slots | Office Type | Year 1 Total | Annual Renewal | Notes |
|---|---|---|---|---|---|
| 0 Visa Office PackageLowest Year 1 Cost | 0 | Office | AED 10,000 | AED 10,000 | — |
| 1 Visa Package | 1 | Office | AED 18,000 | AED 14,000 | — |
Feb 2026: APT Global announced AED 50M investment for 700K sqft fabrication facility
2025: Launch of Saqr 2.0 port expansion supporting heavy cargo operations
2019: RAK Ports integrated Maritime City under RAK Government
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Account Opening Difficulty
ModerateApproval Rate
83%Partner Banks
The cheapest package in RAK Maritime City starts at AED 10,000 for Year 1, including government fees and license costs. Contact us for a tailored quote.
RAK Maritime City processes company registrations in 2-4 working days after document submission and security clearance.
RAK Maritime City companies have access to RAKBANK, ADCB, Emirates NBD, WIO Business. The bank account approval probability is 83%.
RAK Maritime City has a 83% bank account approval probability. Difficulty: Moderate. Average account opening: 10 days.
RAK Maritime City supports maritime, shipping, logistics, general-trading, manufacturing, and more business activities.
Most UAE free zones including RAK Maritime City allow remote company incorporation. Documents can be submitted online through authorized agents. Bank account opening may require an in-person visit depending on the bank's KYC requirements.
Yes, you can increase your visa quota after initial registration in RAK Maritime City. Additional visas cost from AED 3,500–7,000 each including Emirates ID and medical.
RAK Maritime City does not require paid-up share capital for most standard license types. Share capital is notional and does not need to be deposited.
The UAE levies 9% corporate tax on profits above AED 375,000. Qualifying RAK Maritime City companies (QFZP) that meet economic substance requirements can access a 0% tax rate.
RAK Maritime City is one of several free zones in its emirate. Alternatives include RAKEZ Free Zone. Compare them side by side on cost, banking approval, and processing time using our comparison pages.
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.
Al Jazirah Al Hamra, Ras Al Khaimah, UAE
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