RAK Maritime City

A RAK Maritime City (RAK Maritime) license costs AED 17,500 all-in for the zero-visa package in 2026 — that includes government license fee, Establishment Card, and Formenzo's all-inclusive service fee. Add one investor visa (entry permit, medical, Emirates ID, stamping) and the total becomes AED 21,690.

RAK Maritime issues the trade license in 10 business days after initial approval (3 days). A residency visa adds approximately 6 more days. Opening a UAE corporate bank account adds 9 days on top. Total from signup to funded UAE IBAN: about 25 days.

RAK Maritime default package includes 3 visas, and the maximum allowed per license is unlimited. Each additional investor or employment visa costs approximately AED 3,500 including entry permit, medical, Emirates ID, and stamping.

RAK Maritime companies primarily bank with RAKBANK, Mashreq NeoBiz, Emirates NBD. Formenzo coordinates the KYC process and typical time from license issuance to funded account is 15 days. Bank approval rates vary by nationality; we pre-match you to the right bank before filing.

RAK Maritime permits approximately 100 business activities. It is best suited for industrial, manufacturing. Activities not allowed include restaurant, retail physical, consulting — these require a UAE Mainland license.

Yes — RAK Maritime formation is fully remote through Formenzo. We handle document collection, trade name reservation, MOA drafting, and submission without a UAE visit. You only come to the UAE for one day to complete the medical fitness test and Emirates ID biometrics — and only if you want a residency visa. The trade license itself can be issued with zero travel.

Yes. RAK Maritime is a recognized UAE Free Zone, so companies qualifying as a Qualifying Free Zone Person (QFZP) can maintain a 0% Corporate Tax rate on qualifying income. Non-qualifying income is taxed at the standard 9% above AED 375,000. RAK Maritime companies must register with the Federal Tax Authority within 3 months of incorporation — Formenzo handles this filing.

Shipbuilding, ship repair, and maritime services in RAK. Shipbuilding and ship repair facilities. Maritime services and marine engineering. Banking score: 5/10. Setup speed: 10 days. Starting cost: AED 17,500. Take Formenzo's 60-second assessment to compare RAK Maritime against 47 other UAE Free Zones based on your nationality, budget, and business activity.