just nowIndia flagConsultingSRTIP⃃ 5,500QUOTE14m agoUnited Kingdom flagIT / SaaSIFZA⃃ 23,400LICENCE47m agoPakistan flagTradingRAKEZ⃃ 10,500REROUTED1h 12m agoRussia flagConsultingDIFC⃃ 5,500BANKING2h agoIndia flagE-commerceSHAMS⃃ 5,750LICENCE2h 44m agoChina flagGeneral TradingRAKEZ⃃ 18,500QUOTE3h agoNigeria flagConsultingIFZA⃃ 16,700REROUTED3h 18m agoIndia flagFreelanceAFZ⃃ 10,800BANKING4h agoEgypt flagMarketingSPC⃃ 5,750LICENCE5h agoUnited States flagFintechADGM⃃ 44,000QUOTE6h agoIndia flagConsultingSRTIP⃃ 5,500BANKING8h agoPhilippines flagFreelanceUAQ⃃ 11,000LICENCE9h agoBangladesh flagTradingANCFZ⃃ 15,200QUOTE11h agoUnited Kingdom flagCrypto / Web3DMCC⃃ 31,000LICENCE13h agoIndia flagIT / SaaSIFZA⃃ 23,400EID14h agoSouth Africa flagMarketingSHAMS⃃ 5,750QUOTE16h agoUkraine flagConsultingSRTIP⃃ 9,690LICENCE18h agoIndia flagGeneral TradingDMCC⃃ 51,684REROUTED20h agoSaudi Arabia flagConsultingDIFC⃃ 5,500BANKINGyesterdayPakistan flagE-commerceANCFZ⃃ 10,800LICENCEyesterdayEgypt flagLogisticsJAFZA⃃ 25,000QUOTEyesterdayLebanon flagConsultingIFZA⃃ 12,200BANKING2d agoIndia flagIndustrialKIZAD⃃ 145,000LICENCE2d agoUnited Kingdom flagInnovationInnovation City⃃ 6,600LICENCEjust nowIndia flagConsultingSRTIP⃃ 5,500QUOTE14m agoUnited Kingdom flagIT / SaaSIFZA⃃ 23,400LICENCE47m agoPakistan flagTradingRAKEZ⃃ 10,500REROUTED1h 12m agoRussia flagConsultingDIFC⃃ 5,500BANKING2h agoIndia flagE-commerceSHAMS⃃ 5,750LICENCE2h 44m agoChina flagGeneral TradingRAKEZ⃃ 18,500QUOTE3h agoNigeria flagConsultingIFZA⃃ 16,700REROUTED3h 18m agoIndia flagFreelanceAFZ⃃ 10,800BANKING4h agoEgypt flagMarketingSPC⃃ 5,750LICENCE5h agoUnited States flagFintechADGM⃃ 44,000QUOTE6h agoIndia flagConsultingSRTIP⃃ 5,500BANKING8h agoPhilippines flagFreelanceUAQ⃃ 11,000LICENCE9h agoBangladesh flagTradingANCFZ⃃ 15,200QUOTE11h agoUnited Kingdom flagCrypto / Web3DMCC⃃ 31,000LICENCE13h agoIndia flagIT / SaaSIFZA⃃ 23,400EID14h agoSouth Africa flagMarketingSHAMS⃃ 5,750QUOTE16h agoUkraine flagConsultingSRTIP⃃ 9,690LICENCE18h agoIndia flagGeneral TradingDMCC⃃ 51,684REROUTED20h agoSaudi Arabia flagConsultingDIFC⃃ 5,500BANKINGyesterdayPakistan flagE-commerceANCFZ⃃ 10,800LICENCEyesterdayEgypt flagLogisticsJAFZA⃃ 25,000QUOTEyesterdayLebanon flagConsultingIFZA⃃ 12,200BANKING2d agoIndia flagIndustrialKIZAD⃃ 145,000LICENCE2d agoUnited Kingdom flagInnovationInnovation City⃃ 6,600LICENCE

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RAKEZ vs IFZA

RAKEZ (Ras Al Khaimah) is the cost leader: AED 6,000 starting, multi-activity, strong banking. IFZA (Dubai) costs roughly 2× that but gives you a Dubai address and IFZA's 1,500-activity catalogue. The real question: do your customers, partners or investors care that the address says Dubai?

Verdict: Pick RAKEZ if cost matters and Ras Al Khaimah works for your story. Pick IFZA if you need a Dubai address for credibility (clients, banking, real estate, investor optics).

Side-by-side data

Live channel-partner figures from Formenzo's pricing engine. Authority + Formenzo service scope only — visas, EID and medicals are extra and shown on each zone page.

MetricRAKEZIFZA
Starting priceAuthority licence + bundled flexi-desk; visas + EID extra.⃃ 6,000⃃ 12,200
EmirateRas Al KhaimahDubai
Visas (default → max)3 → 93 → 6
Licence in1 days5 days
Visa complete in12 days14 days
Banking scorePre-screened bank fit. Final approval is bank-side.7/107/10
Prestige score6/106/10
Activities allowed4,0001,500
Bank panelRAKBANK · Mashreq NeoBiz · WIOWIO Bank · Mashreq NeoBiz · Emirates NBD

Pick RAKEZ when

Ras Al Khaimah Economic Zone

  • Cost is the deciding factor — RAKEZ saves AED 6,200 per year vs IFZA.
  • Your business is B2C / online / SaaS where customers don't see your address.
  • You want strong banking with RAKBANK + WIO + Emirates NBD — RAKEZ's relationships are excellent.
  • Activities are services / consulting / general trading / e-commerce — RAKEZ has the broadest UAE-wide activity catalogue.
  • You're prepared to do biometrics in RAK rather than Dubai (cheaper hotel + travel).
Full RAKEZ profile →

Pick IFZA when

International Free Zone Authority

  • Customers, partners or investors expect a "Dubai" address on your invoice or contract.
  • Your activity benefits from being framed as Dubai-based (brand, marketing, fintech-adjacent).
  • You want IFZA's specific 30% multi-year prepayment discount.
  • You're hiring quickly and want to interview at the Silicon Oasis ecosystem.
  • You're already paying for a Dubai apartment — keeping company + visa + bank in Dubai simplifies the day-to-day.
Full IFZA profile →

RAKEZ vs IFZA — frequently asked

Is RAK actually safe for a serious business?

Yes. Ras Al Khaimah is the third-largest UAE emirate by GDP, has its own ruling family and government, and hosts 30,000+ companies via RAKEZ. Many Fortune-500 names operate from RAK for the lower cost-of-doing-business while keeping a Dubai office. RAKEZ is a well-regulated, federally-recognised free zone — not a tax haven shell.

Banking — can I get a Dubai bank with a RAKEZ company?

Yes. UAE corporate banking is country-wide, not emirate-bound. You can hold a RAKEZ company and bank with WIO (Abu Dhabi), Emirates NBD (Dubai), Mashreq NeoBiz (Dubai), or RAKBANK (RAK + Dubai branches). The corporate bank account opens at any UAE branch you visit.

Visa quotas — RAKEZ vs IFZA?

RAKEZ default 4 visas, scalable to 10+ (depending on package and office space). IFZA default 3 visas, scalable to 6 with package upgrades. If you're hiring 5+ people, RAKEZ scales further; for solo founder + 2–3 hires, both work.

Travel — does it really matter where my office is?

Practically: most founders never visit their actual zone office once incorporated. The address shows on the licence and on contracts. UAE biometrics and bank visits happen wherever convenient. So the question is brand/customer-perception, not commute.

Can I run multiple activities on each?

RAKEZ allows multi-activity licences with broad activity-mixing (digital + trading + consulting on one licence). IFZA allows up to 7 activities per licence (first 3 included). Both are flexible; if you're combining 4+ activities, both work.

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