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

United Arab Emirates (UAE) company incorporation service fees

From

US$ 1,299

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

2. Open bank account service fees

Belize

Bank	Initial Deposit	Average Time	Remarks	Service Fee
www.belizebankinternational.com Belize Bank International	USD 1,000	1 - 2 weeks	Remote Application	US$ 899
www.cayebank.bz Caye International Bank	USD 1,000	1 - 2 weeks	Remote Application	US$ 899

British Virgin Islands

Bank	Initial Deposit	Average Time	Remarks	Service Fee
https://www.bankasia.com/ Bank of Asia	US$ 20,000	1-2 weeks	Remote Application	US$ 899

Canada

Bank	Initial Deposit	Average Time	Remarks	Service Fee
https://www.dnbcgroup.com/ DNBC Financial Group	EUR 3,000	3-5 working days	Remote Application	US$ 0

Cayman Islands

Bank	Initial Deposit	Average Time	Remarks	Service Fee
https://www.cibcfcib.com/ FirstCaribbean International Bank	US$ 10,000	1-2 weeks	Remote Application	US$ 899

Hong Kong

Bank	Initial Deposit	Average Time	Remarks	Service Fee
https://www.currenxie.com/en-hk/ Currenxie	Not required	3-5 working days	Remote Application	US$ 899
https://www.airwallex.com/ Airwallex	Not required	3-5 working days	Remote Application	US$ 899
https://statrys.com/ Statrys	Not required	3-5 working days	Remote Application	US$ 899
https://www.rapyd.net/ Rapyd	Not required	3-5 working days	Remote Application	US$ 899

Malaysia

Bank	Initial Deposit	Average Time	Remarks	Service Fee
www.sc.com/my Standard Chartered Bank (Malaysia)	USD 20,000	4-6 working days	Personal Visit	US$ 899

Mauritius

Bank	Initial Deposit	Average Time	Remarks	Service Fee
www.maubank.mu/en MauBank Ltd	5,000 (GBP, USD, EUR, CHF, AUD or ZAR: 5,000)	1 - 2 weeks	Remote Application	US$ 2600
www.bankone.mu Bank One	USD 5,000	1 - 2 weeks	Remote Application	US$ 2600

Puerto Rico (U.S. territory)

Bank	Initial Deposit	Average Time	Remarks	Service Fee
https://www.cbibank.com/ CB International Bank	Not required	1 - 2 weeks	Remote Application	US$ 899

Saint Kitts and Nevis

Bank	Initial Deposit	Average Time	Remarks	Service Fee
https://www.imbltd.com/ International Merchant Bank Limited	US$ 25,000	1-2 weeks	Remote Application	US$ 899
www.boniltd.com Bank of Nevis International	USD 10,000	1 - 2 weeks	Remote Application	US$ 899

Saint Lucia

Bank	Initial Deposit	Average Time	Remarks	Service Fee
https://stlucia.provenbank.com/ PROVEN Bank	US$ 5,000	1-2 weeks	Remote Application	US$ 899

Singapore

Bank	Initial Deposit	Average Time	Remarks	Service Fee
https://www.inft.co/ IN Financial Technologies	Not required	3-5 working days	Remote Application	US$ 899
https://aspireapp.com/ Aspire	Not required	3-5 working days	Remote Application	US$ 899
https://www.wallex.asia/ Wallex	Not required	3-5 working days	Remote Application	US$ 899
www.ocbc.com OCBC Bank	SGD 30,000	2 - 4 days	Non-Singapore companies, Personal visit required at nearby branch	US$ 899
www.uobgroup.com United Overseas Bank Limited Co	USD/SGD 25,000	Preliminary Review: 3-4 Working Days	Personal Visit	US$ 899

United Arab Emirates (UAE)

Bank	Initial Deposit	Average Time	Remarks	Service Fee
www.emiratesnbd.com Emirates NBD Bank	AED 50,000	3 - 7 days	Personal Visit Emirates NBD Bank only support ICC/FTZ/FZ company in UAE/RAK	US$ 899
www.emiratesislamic.ae Emirates Islamic Bank	AED 10,000	1 - 2 weeks	Personal Visit	US$ 899

United Kingdom of Great Britain and Northern Ireland

Bank	Initial Deposit	Average Time	Remarks	Service Fee
https://multipass.co/ MultiPass	Not required	3-5 working days	Remote Application	US$ 899

United States of America

Bank	Initial Deposit	Average Time	Remarks	Service Fee
https://mercury.com/ Mercury	Not required	3-5 working days	Remote Application	US$ 899

Vanuatu

Bank	Initial Deposit	Average Time	Remarks	Service Fee
www.pacificprivatebank.com Pacific Private Bank	USD 1,500	1 - 2 weeks	Remote Application	US$ 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:

Service fee is per annum/per appointment.
The service fee does not cover the fee for couriering the original copy of the POA or DOT to your residential address.
You can open a bank account for your company with the POA and/or DOT we provided.
Certification by pubic Notary or Apostille is required for nominee services in Hong Kong, United Kingdom and Singapore.
An apostille is a certification and legalisation of documents by the government, normally the General Registry/Court of the local country.

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

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 Incorporation	Fees	Due Date
IBC	US$ 3,354.00 Government Fee: US$ 1730 Service Fee: US$ 1624	Anniversary date
RAK Free Zone	US$ 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 Zone	US$ 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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