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UAE, RAK offshore company formation fees | Dubai company setup cost

United Arab Emirates (UAE) company incorporation service fees

From

US$ 1,299 Service Fees
  • Highest privacy and confidentiality
  • First-class bank account, including e-banking and credit card (optional)
  • Full nominee service to protect your privacy (optional)

1. United Arab Emirates (UAE) Company Formation

Type of CompanyService fee for 1st yearService fee for year 2+Government fee & Service charged
IBCUS$ 1,689.00US$ 1,624.00US$ 1,730.00
RAK Free ZoneUS$ 2,600.00US$ 2,470.00US$ 1,350.00
Dubai Free Zone (DMCC)US$ 4,420.00US$ 4,290.00US$ 8,988.00
Ajman Free ZoneUS$ 2,340.00US$ 2,210.00US$ 1,350.00
Local Company (Commercial, Trading Or Professional License)US$ 5,460.00US$ 5,330.00US$ 9,200.00
Local Company (General Trading)US$ 5,460.00US$ 5,330.00US$ 15,200.00

2. Open bank account service fees

Belize Belize

BankInitial DepositAverage TimeRemarksService Fee
Belize Bank International
www.belizebankinternational.com
Belize Bank International
USD 1,0001 - 2 weeksRemote ApplicationUS$ 899
Caye International Bank
www.cayebank.bz
Caye International Bank
USD 1,0001 - 2 weeksRemote ApplicationUS$ 899

British Virgin Islands British Virgin Islands

BankInitial DepositAverage TimeRemarksService Fee
Bank of Asia
https://www.bankasia.com/
Bank of Asia
US$ 20,0001-2 weeksRemote ApplicationUS$ 899

Canada Canada

BankInitial DepositAverage TimeRemarksService Fee
DNBC Financial Group
https://www.dnbcgroup.com/
DNBC Financial Group
EUR 3,0003-5 working daysRemote ApplicationUS$ 0

Cayman Islands Cayman Islands

BankInitial DepositAverage TimeRemarksService Fee
FirstCaribbean International Bank
https://www.cibcfcib.com/
FirstCaribbean International Bank
US$ 10,0001-2 weeksRemote ApplicationUS$ 899

Hong Kong, China Hong Kong, China

BankInitial DepositAverage TimeRemarksService Fee
Currenxie
https://www.currenxie.com/en-hk/
Currenxie
Not required3-5 working daysRemote ApplicationUS$ 899
Airwallex
https://www.airwallex.com/
Airwallex
Not required3-5 working daysRemote ApplicationUS$ 899
Statrys
https://statrys.com/
Statrys
Not required3-5 working daysRemote ApplicationUS$ 899
Rapyd
https://www.rapyd.net/
Rapyd
Not required3-5 working daysRemote ApplicationUS$ 899

Malaysia Malaysia

BankInitial DepositAverage TimeRemarksService Fee
Standard Chartered Bank (Malaysia)
www.sc.com/my
Standard Chartered Bank (Malaysia)
USD 20,0004-6 working daysPersonal VisitUS$ 899

Mauritius Mauritius

BankInitial DepositAverage TimeRemarksService Fee
MauBank Ltd
www.maubank.mu/en
MauBank Ltd
5,000 (GBP, USD, EUR, CHF, AUD or ZAR: 5,000)1 - 2 weeksRemote ApplicationUS$ 2600
Bank One
www.bankone.mu
Bank One
USD 5,0001 - 2 weeksRemote ApplicationUS$ 2600

Puerto Rico (U.S. territory) Puerto Rico (U.S. territory)

BankInitial DepositAverage TimeRemarksService Fee
CB International Bank
https://www.cbibank.com/
CB International Bank
Not required1 - 2 weeksRemote ApplicationUS$ 899

Saint Kitts and Nevis Saint Kitts and Nevis

BankInitial DepositAverage TimeRemarksService Fee
Bank of Nevis International
www.boniltd.com
Bank of Nevis International
USD 10,0001 - 2 weeksRemote ApplicationUS$ 899
International Merchant Bank Limited
https://www.imbltd.com/
International Merchant Bank Limited
US$ 25,0001-2 weeksRemote ApplicationUS$ 899

Saint Lucia Saint Lucia

BankInitial DepositAverage TimeRemarksService Fee
PROVEN Bank
https://stlucia.provenbank.com/
PROVEN Bank
US$ 5,0001-2 weeksRemote ApplicationUS$ 899

Singapore Singapore

BankInitial DepositAverage TimeRemarksService Fee
Aspire
https://aspireapp.com/
Aspire
Not required3-5 working daysRemote ApplicationUS$ 899
Wallex
https://www.wallex.asia/
Wallex
Not required3-5 working daysRemote ApplicationUS$ 899
IN Financial Technologies
https://www.inft.co/
IN Financial Technologies
Not required3-5 working daysRemote ApplicationUS$ 899
OCBC Bank
www.ocbc.com
OCBC Bank
SGD 30,0002 - 4 days Non-Singapore companies, Personal visit required at nearby branchUS$ 899
United Overseas Bank Limited Co
www.uobgroup.com
United Overseas Bank Limited Co
USD/SGD 25,000Preliminary Review: 3-4 Working DaysPersonal VisitUS$ 899

United Arab Emirates (UAE) United Arab Emirates (UAE)

BankInitial DepositAverage TimeRemarksService Fee
Emirates NBD Bank
www.emiratesnbd.com
Emirates NBD Bank
AED 50,0003 - 7 daysPersonal Visit Emirates NBD Bank only support ICC/FTZ/FZ company in UAE/RAKUS$ 899
Emirates Islamic Bank
www.emiratesislamic.ae
Emirates Islamic Bank
AED 10,0001 - 2 weeksPersonal VisitUS$ 899

United Kingdom United Kingdom

BankInitial DepositAverage TimeRemarksService Fee
MultiPass
https://multipass.co/
MultiPass
Not required3-5 working daysRemote ApplicationUS$ 899

United States of America United States of America

BankInitial DepositAverage TimeRemarksService Fee
Mercury
https://mercury.com/
Mercury
Not required3-5 working daysRemote ApplicationUS$ 899

Vanuatu Vanuatu

BankInitial DepositAverage TimeRemarksService Fee
Pacific Private Bank
www.pacificprivatebank.com
Pacific Private Bank
USD 1,5001 - 2 weeksRemote ApplicationUS$ 899

3. Nominee Service fee

Services Service fee Description
Nominee shareholder US$ 899  
Nominee director US$ 899  
Power of attorney (POA) documents US$ 649 Nominee director’s signature only
Power of attorney with certification by public notary US$ 779 Certification by notary of detail documents of POA
Declaration of trust (DOT) US$ 649  
Declaration of trust (DOT) with certification by public notary US$ 779 Certification by notary of detail documents of DOT
Power of attorney (POA) with apostille documents US$ 899 Certification on documents by General Registry/Court
Courier fee US$ 150 Courier the original document to your residential address with express services (TNT or DHL)
Nominee Trustor US$ 1299  
Nominee Trustee US$ 1299  
Nominee Council US$ 1299  
Nominee Founder US$ 1299  

Notes:

4. Serviced Office fee

4.1. Virtual Office

Period Fee (US$/month)
3 months US$ 199
6 months US$ 189
12 months US$ 179

Service Retainer: 2* Unit price (If you make full payment for the contract period, you do not need to pay Service retainer. If you pay monthly, you have to pay Service retainer and Service retainer fee will be refunded to clients after contract terminated within 5 working days).

4.2. Dedicated Office Plan

Period Fee (US$/month/seat)
3 months US$ 399
6 months US$ 369
12 months US$ 329

Service Retainer: 2* Unit price (If you make full payment for the contract period, you do not need to pay Service retainer. If you pay monthly, you have to pay Service retainer and Service retainer fee will be refunded to clients after contract terminated within 5 working days.)

4.3. Co-Working Plan

Type Fee
Day - pass US$ 29/pax/day
Visitor US$ 135/pax/ 5 days
Common US$ 499/pax/month

4.4. Meeting Room

Time Fee
1 hour US$ 79
Half day US$ 159

4.5. Office for RAK Free Zone

Type of office Office + Deposit
Free Zone Packages - Commercial
FZE | Flexi Desk | Commercial | 0 Visa US$ 3,616
FZE | Flexi Desk | Commercial | 1 Visa US$ 4,981
FZE | Flexi Office | Commercial | 2 Visa US$ 5,691
FZE| Std Office Al Hamra|Commercial|3Visa US$ 6,442
FZE| Exec Office AlHamra|Commercial|4Visa US$ 9,895
Free Zone Packages - Services
FZE | Flexi Desk | Services | 0 Visa US$ 4,572
FZE | Flexi Desk | Services | 1 Visa US$ 5,937
FZE | Flexi Office | Services | 2 Visa US$ 6,647
FZE| Std Office Al Hamra|Services|3 Visa US$ 7,398
FZE| Exec Office Al Hamra |Services|4 Visa US$ 10,851
Free Zone Packages - E-commerce
FZE | Flexi Desk | E-commerce | 0 Visa US$ 4,981
FZE | Flexi Desk | E-commerce | 1 Visa US$ 6,346
FZE | Flexi Office | E-commerce | 2 Visa US$ 7,056
FZE| Std Office Al Hamra|ECommerce|3 Visa US$ 7,807
FZE| Exec Office Al Hamra |ECommerce|4 Visa US$ 11,260

4.6. Office for DMCC

Type of office Office + Deposit
Cost for Flexi-desk / 0 VISA US$ 6,916
Cost for Flexi-desk / 1 VISA US$ 8,891
Serviced Office / 3 VISA US$ 22,581
Physical Office / 500 sqft / 3 VISA US$ 19,851

5. UAE Residency Visa Service

Item Fee
Service Fee US$ 889
Goverment fee & Service Charges  
VISA Fee US$ 1,450
E-Channel US$ 1000
Immigration Deposit: US$ 1,380
Medical Test: US$ 180
Emitates ID: US$ 100
Total US$ 4,999

*Please note: All approvals are subject to discretion by immigration. We do not take any responsibility if the application is rejected.

6. Company Renewal fee

Type Of IncorporationFeesDue Date
IBCUS$ 3,354.00
  • Government Fee: US$ 1730
  • Service Fee: US$ 1624
Anniversary date
RAK Free ZoneUS$ 3,820.00
  • Government Fee: US$ 1350
  • Service Fee: US$ 2470
Anniversary date
Dubai Free Zone (DMCC)US$ 13,278.00
  • Government Fee: US$ 8988
  • Service Fee: US$ 4290
Anniversary date
Ajman Free ZoneUS$ 3,560.00
  • Government Fee: US$ 1350
  • Service Fee: US$ 2210
Anniversary date
Local Company (Commercial, Trading Or Professional License)US$ 14,530.00
  • Government Fee: US$ 9200
  • Service Fee: US$ 5330
Anniversary date
Local Company (General Trading)US$ 20,530.00
  • Government Fee: US$ 15200
  • Service Fee: US$ 5330
Anniversary date
Set up company in United Arab Emirates (UAE)

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