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RAK Media City Free Zone

RAK Media City (operating under RAKEZ) provides low-cost media, entertainment, and digital creative licensing with minimal bureaucracy.

✓ 2–4 day license turnaround✓ Digital Bank 98% Approval✓ No Annual Audit

1. Key Freezone Specifications

Licensing Authority
RAK Media City Free Zone (RAKMC)
Emirate
RAS_AL_KHAIMAH
License Issuance Timeline
2–4 working days
Residence Visa Timeline
5–12 working days
Virtual Desk / Flexi-Desk
Available (no lease required)
Office Threshold
Required only for 4+ visas
Warehouses & Industrial Units
Commercial & desk only
Paid-Up Share Capital
Not required on bank deposit (0 AED)
Annual Audit Requirement
Exempt / Not required
Physical Presence Required
100% remote company incorporation. 1-day UAE visit required only for Emirates ID biometrics.

2. Cost Breakdown & Tariffs

No Hidden Fees
Cost Item Purpose Official Fee
Company Trade License Corporate registration & 1-year Flexi desk lease 5,750 AED
Establishment Card (Immigration Card) Company immigration file registration with GDRFA/ICP for visas 1,800 AED
Residence Visa (Entry Permit + Visa Stamping) UAE 2-year residence visa government quota & approval ~3,300 AED / visa
VIP Medical & Emirates ID VIP Medical fitness test + Emirates ID card issuance (2 yrs) ~1,200 AED / person

Turnkey Package Estimates:

0 Visas

5,750 AED

Pure license for tax residency or remote contracts

1 Investor Visa

12,050 AED

License + Est. Card + 1 Visa + VIP Medical & EID

2 Residence Visas

16,550 AED

For 2 partners or founder + key employee

3. Banking Assessment & Onboarding

Digital Banking (Digital Bank) Standard

Tier 2: Standard digital compliance review

  • • Timeline: opened in 3–7 working days
  • • Multi-currency accounts (AED, USD, EUR, GBP) with zero minimum balance
  • • Automated KYC verification via official freezone API
Traditional Tier-1 UAE Banks Medium Rating

Emirates NBD, Mashreq, FAB, ADCB

  • • Opening timeline: from 1 weeks
  • • Requires personal banker meeting and proof of residential address
  • • Typical average balance requirement: 25,000–50,000 AED

4. Pros & Considerations

✓ Key Advantages

  • • Affordable media and creative licensing cluster operating under the RAKEZ umbrella
  • • Streamlined licensing for content creators, digital marketers, and advertising agencies
  • • No requirement for annual financial audit filing
  • • Flexible virtual desk and co-working workspace solutions

! Important Considerations

  • • Subordinate cluster within the broader RAKEZ institutional framework
  • • Physical presence required for Emirates ID biometrics

5. Compatible Activities

Top business activities approved for licensing under RAK Media City Free Zone

All Activities ›
Looking for another activity? RAK Media City Free Zone supports over 2,000 commercial and professional activities from the official DET classification. Contact us via WhatsApp for a tailored activity code confirmation.

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