Consulting0vSRTIPAED 5,500QUOTEInnovators package · licence-only14m ago
IT / SaaS2vIFZAAED 23,400LICENCELicence issued · day 447m ago
Trading1vRAKEZAED 10,500REROUTEDWio declined → Mashreq approved1h 12m ago
Consulting0vDIFCAED 5,500IBANCBI account live · day 92h agoE-commerce0vSHAMSAED 5,750LICENCEMedia package · 4h express2h 44m ago
General Trading3vRAKEZAED 18,500QUOTE3 visas bundled · Portal 3603h ago
Consulting1vIFZAAED 16,700REROUTEDRAKBANK declined → HSBC pending3h 18m agoFreelance1vAFZAED 10,800IBANADCB live · day 64h ago
Marketing0vSPCAED 5,750LICENCE24-hour express issue5h ago
Fintech0vADGMAED 44,000QUOTERegLab application opened6h agoConsulting0vSRTIPAED 5,500IBANWio live · 48h post-licence8h ago
Freelance1vUAQAED 11,000LICENCEUAQ START · day 29h ago
Trading2vANCFZAED 15,200QUOTEUpgraded from zero-visa package11h agoCrypto / Web30vDMCCAED 31,000LICENCEVARA sandbox licence · day 813h agoIT / SaaS2vIFZAAED 23,400EIDEID issued · founder + partner14h ago
Marketing0vSHAMSAED 5,750QUOTEInstallment · 12 × AED 57316h ago
Consulting1vSRTIPAED 9,690LICENCEInnovators · day 518h agoGeneral Trading4vDMCCAED 51,684REROUTEDWio declined → Mashreq approved20h ago
Consulting0vDIFCAED 5,500IBANEmirates NBD live · day 3yesterdayE-commerce1vANCFZAED 10,800LICENCE15-min registration · same-dayyesterdayLogistics3vJAFZAAED 25,000QUOTEFZE Type 1 + warehouse leaseyesterday
Consulting0vIFZAAED 12,200IBANMashreq live · day 62d agoIndustrial4vKIZADAED 145,000LICENCEIndustrial + 2,000 sqm plot2d agoInnovation0vInnovation CityAED 6,600LICENCEIdea package · on-chain issuejust nowConsulting0vSRTIPAED 5,500QUOTEInnovators package · licence-only14m agoIT / SaaS2vIFZAAED 23,400LICENCELicence issued · day 447m agoTrading1vRAKEZAED 10,500REROUTEDWio declined → Mashreq approved1h 12m agoConsulting0vDIFCAED 5,500IBANCBI account live · day 92h agoE-commerce0vSHAMSAED 5,750LICENCEMedia package · 4h express2h 44m agoGeneral Trading3vRAKEZAED 18,500QUOTE3 visas bundled · Portal 3603h agoConsulting1vIFZAAED 16,700REROUTEDRAKBANK declined → HSBC pending3h 18m agoFreelance1vAFZAED 10,800IBANADCB live · day 64h agoMarketing0vSPCAED 5,750LICENCE24-hour express issue5h agoFintech0vADGMAED 44,000QUOTERegLab application opened6h agoConsulting0vSRTIPAED 5,500IBANWio live · 48h post-licence8h agoFreelance1vUAQAED 11,000LICENCEUAQ START · day 29h agoTrading2vANCFZAED 15,200QUOTEUpgraded from zero-visa package11h agoCrypto / Web30vDMCCAED 31,000LICENCEVARA sandbox licence · day 813h agoIT / SaaS2vIFZAAED 23,400EIDEID issued · founder + partner14h agoMarketing0vSHAMSAED 5,750QUOTEInstallment · 12 × AED 57316h agoConsulting1vSRTIPAED 9,690LICENCEInnovators · day 518h agoGeneral Trading4vDMCCAED 51,684REROUTEDWio declined → Mashreq approved20h agoConsulting0vDIFCAED 5,500IBANEmirates NBD live · day 3yesterdayE-commerce1vANCFZAED 10,800LICENCE15-min registration · same-dayyesterdayLogistics3vJAFZAAED 25,000QUOTEFZE Type 1 + warehouse leaseyesterdayConsulting0vIFZAAED 12,200IBANMashreq live · day 62d agoIndustrial4vKIZADAED 145,000LICENCEIndustrial + 2,000 sqm plot2d agoInnovation0vInnovation CityAED 6,600LICENCEIdea package · on-chain issueBefore you read further
RAK Maritime may not fit 3 things you're probably after.
If any of these apply to you, the linked alternative will save you a week. Close this tab before you waste it.
Not for crypto / Web3
→ DMCCVirtual-asset activities need a VARA / FSRA / DIFC licence; this zone doesn't issue one.
Not for F&B
→ MainlandRestaurants, cafés, cloud kitchens need a mainland DED foodservice licence. Free zones don't issue these.
Not for clinics
→ DHCCDHA-regulated medical/clinical activity requires Dubai Healthcare City (DHCC).
Ras Al Khaimah · Free Zone
Coming as channel partnerFull UAE Free Zone profile · pricing on request
Formenzo files directly at RAK Maritime as part of our full-coverage service — complete formation, visa, and banking support. Pricing is quoted per case based on your passport, activity, and visa count. The figures on this page reflect the authority’s published rate card.
RAK Maritime City
Shipbuilding, ship repair, and maritime services in RAK
10d
License in
∞
Visa quota
100+
Activities
5/10
Bank score
RAK Maritime City is a niche free zone for shipbuilding, ship repair, and maritime services. Located in Ras Al Khaimah with direct port access.
Starting from
AED 17,500
Formenzo all-in estimate
Includes: Government fees, Formenzo service, flexi-desk, establishment card
Invoice transparency · RAK Maritime
What lands on your invoice. Line by line.
Every fee, in the order it hits. No “admin” tax, no hidden markup — Formenzo's margin is the zone's channel-partner commission, not a line on your invoice.
0 visas · licence only
- RAK Maritime licenceAED 17,500
- Gov + authority adminBundled
- Formenzo service feeAED 0
1 visa · founder
- RAK Maritime licenceAED 17,500
- Entry permit × 1AED 3,500
- Medical + EID × 1AED 690
- Gov + authority adminBundled
- Formenzo service feeAED 0
2 visas · partners
- RAK Maritime licenceAED 17,500
- Entry permit × 2AED 7,000
- Medical + EID × 2AED 1,380
- Gov + authority adminBundled
- Formenzo service feeAED 0
Visa bundle uses RAK Maritime-standard rates. Final visas stamped per applicant; typing-centre and translation fees are only added when they actually occur and billed at cost (usually AED 0 for English-passport applicants, AED 100–200 otherwise).
Banking reality · RAK Maritime
The real bank-approval picture for a RAK Maritime licence.
Channel-partner outcomes by passport bucket, over the last 90 days. “Limited” means the bank rarely approves this combo — we'll re-route you rather than waste your time.
| Bank | IN / UK / PH Low friction | PK / BD / NG Enhanced DD | RU / IR / SY Sanctions screen | US FATCA disclosure | Days |
|---|---|---|---|---|---|
| Wio | Strong | Limited | Limited | Standard | 5–7 |
| Mashreq NeoBiz | Strong | Enhanced DD | Enhanced DD | Standard | 10–14 |
| Emirates NBD | Standard | Enhanced DD | Limited | Enhanced DD | 14–21 |
| RAKBANK | Strong | Enhanced DD | Limited | Standard | 12–18 |
| CBI | Standard | Enhanced DD | Enhanced DD | Enhanced DD | 14–25 |
| ADCB | Standard | Enhanced DD | Limited | Standard | 18–21 |
Outcomes are directional channel-partner patterns, not a guarantee for any specific applicant. “Days” = typical time from licence issuance to funded IBAN.
Banking partners
Banks that open accounts for RAK Maritime companies with 90%+ approval.
Average time to IBAN
25 days
from license issuance
Formenzo setup timeline
Day-by-day what we deliver end-to-end, from signed engagement to funded IBAN.
Initial approval
We file your application with the Free Zone authority.
~3 days
License issued
Trade license + Establishment Card in hand. You can sign contracts.
~7 days
Investor visa
Entry permit → medical → Emirates ID → stamping.
~6 days
Bank account opened
Funded UAE IBAN ready to receive payments.
~9 days
Full cost breakdown
Every fee, transparent. Real 2026 AED pricing, no surprise invoices.
| Government license fee | AED 12,000 |
| Formenzo service fee (all-inclusive) | AED 3,500 |
| Establishment Card (only with visas) | AED 2,000 |
| Per-visa cost (optional) | AED 3,500 |
| Emirates ID (per person) | AED 370 |
| Medical fitness (per person) | AED 320 |
| Minimum setup (no visa) | AED 17,500 |
| With 1 investor visa (most founders) | AED 21,690 |
Why founders pick RAK Maritime
- ✓Shipbuilding and ship repair facilities
- ✓Maritime services and marine engineering
- ✓Direct port access in Ras Al Khaimah
- ✓Niche zone for maritime-sector companies
Best for these activities
industrial · manufacturing
Not allowed
RAK Maritime — frequently asked questions
Quotable, answer-first, optimized for AI search (Perplexity, ChatGPT, Google AI Mode).
How much does a RAK Maritime license cost in 2026?
+
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.
How long does RAK Maritime company setup take?
+
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.
How many visas can I get with RAK Maritime?
+
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.
Which UAE banks open accounts for RAK Maritime companies?
+
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.
What business activities does RAK Maritime allow?
+
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.
Can I form a RAK Maritime company without visiting the UAE?
+
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.
Is RAK Maritime eligible for 0% UAE Corporate Tax?
+
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.
Why choose RAK Maritime over other UAE Free Zones?
+
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.
Other Ras Al Khaimah Free Zones
Compare RAK Maritime with other options in the same emirate.
RAKEZ
Instant licence in 5 minutes. 24-hour full setup. Saqr Port industrial hub.
Innovation City
RAK's tech-first free zone — Web3, AI, gaming, robotics. Packages from AED 6,600.
RAK Media City
Budget media and advertising license — RAK alternative to DMC
SHAMS
LLC without the 'FZ' — 4-hour formation for media & creative entrepreneurs
Ready to form your RAK Maritime company?
Take our 60-second assessment. We'll prepare your docs, file with RAK Maritime, and have your license in 10 days.