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Accounting & Bookkeeping License in Ras Al Khaimah Economic Zone (RAKEZ)

Choosing **Ras Al Khaimah Economic Zone (RAKEZ)** for **Accounting & Bookkeeping** operations optimizes both initial licensing costs and subsequent corporate bank account opening procedures. The freezone profile aligns with regulatory requirements, streamlining banking onboarding in the UAE financial sector.

✓ 2–5 days license turnaround✓ Flexi-Desk разрешен✓ 0% tax under QFZP

Choosing Ras Al Khaimah Economic Zone (RAKEZ) for Accounting & Bookkeeping operations optimizes both initial licensing costs and subsequent corporate bank account opening procedures. The freezone profile aligns with regulatory requirements, streamlining banking onboarding in the UAE financial sector.

1. Regulatory Requirements & Licensing Framework

Direct Freezone Licensing Track

This activity code does not require third-party government NOCs. The commercial license is issued directly by Ras Al Khaimah Economic Zone (RAKEZ).

2. Jurisdiction Specifications

Criterion Ras Al Khaimah Economic Zone (RAKEZ)
Jurisdiction Type FREEZONE
License Turnaround 2–5 working days
Physical Office Flexi-Desk (dedicated office not required)
Visa Allocation Up to 4 visas
Annual Audit Not required
Digital Bank Onboarding Express digital track (3–7 days)
Starting Base Tariff from 6,000 AED

3. Setup Roadmap & Timeline

1

License Issuance

2–5 days

Document submission and digital license issuance. Timeline: 2–5 working days.

2

Establishment Card

2–3 days

Establishment Card registration via immigration portal to unlock visa allocations.

3

Medical & Emirates ID

4–6 days

VIP medical examination and biometric capture for Emirates ID residency card.

4

Corporate Bank Account

3–7 days

Corporate banking account activation via Digital Bank flow or Tier-1 bank.

4. Frequently Asked Questions

Is a physical office mandatory for a "Accounting & Bookkeeping" license in Ras Al Khaimah Economic Zone (RAKEZ)? ▼

No. Businesses operating under "Accounting & Bookkeeping" in Ras Al Khaimah Economic Zone (RAKEZ) can utilize virtual desks or flexi-desk arrangements without a dedicated physical office.

Can I open a digital corporate bank account for a "Accounting & Bookkeeping" license in Ras Al Khaimah Economic Zone (RAKEZ)? ▼

Yes. Ras Al Khaimah Economic Zone (RAKEZ) licenses for "Accounting & Bookkeeping" maintain high approval rates across UAE digital business banks. Remote onboarding takes 3–7 business days after Emirates ID issuance.

How many residence visas can be issued under a Ras Al Khaimah Economic Zone (RAKEZ) license? ▼

Standard license tiers in Ras Al Khaimah Economic Zone (RAKEZ) support from 0 up to 4 residence visas for shareholders and employees without requiring a physical office. Higher quotas are available with dedicated office space upgrades.

Do I need to travel to the UAE to set up a company in Ras Al Khaimah Economic Zone (RAKEZ)? ▼

License registration and document preparation in Ras Al Khaimah Economic Zone (RAKEZ) are fully remote - only a passport scan is required. A physical visit to the UAE is necessary for the residence visa stage: medical test and Emirates ID biometrics (4–6 working days).

Legal Disclaimer: All estimates are indicative and based on published jurisdiction tariff schedules. Final pricing is confirmed in service agreements. Bank account approvals remain at the sole discretion of respective bank compliance committees.