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UAE, RAK Offshore Company Formation Fees | Dubai Company Setup Costs

United Arab Emirates (UAE) company incorporation service fees

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US$ 799

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1. United Arab Emirates (UAE) Company Formation

Type of CompanyService fee for 1st yearService fee for year 2+Government fee & Service charged
IBC US$ 1,299 US$ 1,249 US$ 1,150
RAK Free Zone US$ 1,999 US$ 1,899 US$ 1,350
Dubai Free Zone (DMCC) US$ 3,399 US$ 3,299 US$ 8,988
Ajman Free Zone US$ 1,799 US$ 1,699 US$ 1,350
Local Company (Commercial, Trading Or Professional License) US$ 4,199 US$ 4,099 US$ 9,200
Local Company (General Trading) US$ 4,199 US$ 4,099 US$ 4,099

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$ 699
Caye International Bank
www.cayebank.bz
Caye International Bank
USD 1,0001 - 2 weeksRemote ApplicationUS$ 699

Lithuania Lithuania

BankInitial DepositAverage TimeRemarksService Fee
DSBC Financial Europe UAB
www.dsbcf.com
DSBC Financial Europe UAB
EUR 3,0003-5 working daysRemote ApplicationUS$ 699

Malaysia Malaysia

BankInitial DepositAverage TimeRemarksService Fee
Standard Chartered Bank (Malaysia)
https://www.sc.com/my
Standard Chartered Bank (Malaysia)
USD 20,0004-6 working daysPersonal VisitUS$ 499

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$ 1,400
Bank One
https://bankone.mu
Bank One
USD 5,0001 - 2 weeksRemote ApplicationUS$ 1,400

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

BankInitial DepositAverage TimeRemarksService Fee
Euro Pacific Bank
www.europacbank.com
Euro Pacific Bank
USD 5004 - 7 daysRemote ApplicationUS$ 699

Saint Kitts and Nevis Saint Kitts and Nevis

BankInitial DepositAverage TimeRemarksService Fee
Bank of Nevis International
http://boniltd.com
Bank of Nevis International
USD 10,0001 - 2 weeksRemote ApplicationUS$ 699

Saint Lucia Saint Lucia

BankInitial DepositAverage TimeRemarksService Fee
Bank of Saint Lucia International
www.boslil.com
Bank of Saint Lucia International
US$ 5,0005 - 7 daysRemote ApplicationUS$ 699

Singapore Singapore

BankInitial DepositAverage TimeRemarksService Fee
OCBC Bank
www.ocbc.com
OCBC Bank
SGD 30,0002 - 4 days Non-Singapore companies, Personal visit required at nearby branchUS$ 499
United Overseas Bank Limited Co
www.uobgroup.com
United Overseas Bank Limited Co
USD/SGD 25,000Preliminary Review: 3-4 Working DaysPersonal VisitUS$ 499

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$ 699
Emirates Islamic Bank
www.emiratesislamic.ae
Emirates Islamic Bank
AED 10,0001 - 2 weeksPersonal VisitUS$ 899

Vanuatu Vanuatu

BankInitial DepositAverage TimeRemarksService Fee
Pacific Private Bank
https://pacificprivatebank.com
Pacific Private Bank
USD 1,5001 - 2 weeksRemote ApplicationUS$ 699

3. Nominee Service fee

Services Service fee Description
Nominee shareholder US$ 699  
Nominee director US$ 699  
Power of attorney (POA) documents US$ 499 Nominee director’s signature only
Power of attorney with certification by public notary US$ 499 Certification by notary of detail documents of POA
Declaration of trust (DOT) with certification by public notary US$ 599 Certification by notary of detail documents of DOT
Power of attorney (POA) with apostille documents US$ 599 Certification on documents by General Registry/Court

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$/month)
3 months US$ 159
6 months US$ 149
12 months US$ 136

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$ 1,000
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$ 2,399
  • Service fee: US$ 1,249
  • Government fee: US$ 1,150
Anniversary date
RAK Free ZoneUS$ 3,249
  • Service fee: US$ 1,899
  • Government fee: US$ 1,350
Anniversary date
Dubai Free Zone (DMCC)US$ 12,287
  • Service fee: US$ 3,299
  • Government fee: US$ 8,988
Anniversary date
Ajman Free ZoneUS$ 3,049
  • Service fee: US$ 1,699
  • Government fee: US$ 1,350
Anniversary date
Local Company (Commercial, Trading Or Professional License)US$ 13,299
  • Service fee: US$ 4,099
  • Government fee: US$ 9,200
Anniversary date
Local Company (General Trading)US$ 19,299
  • Service fee: US$ 4,099
  • Government fee: US$ 15,200
Anniversary date

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