| TYPE OF COMPANY | FZE or FZ LLC | |
| Free Zone Establishment (FZE) | A company can be formed by one shareholder | |
| Free Zone Limited Liability Company (FZ LLC) | A company can be formed by 2 to 50 shareholders | |
| Registered office in the UAE | Must be located within the RAK Investment Authority Free Zone only | |
| Registered Agent | Not required | |
| Time to establish a new company | 2 - 3 weeks | |
| Shelf companies | No | |
| TAXES | ||
| Taxation | Fully exempt from income tax | |
| Double Taxation Treaty Access | No | |
| Access to the agreement of automatic exchange of information | No | |
| SHARES and SHARE CAPITAL | ||
| Currency | AED | |
| The minimum paid-up share capital | 150,000.00 AED for FZE, 200,000 AED for FZ LLC | |
| The maximum authorized capital | No restrictions | |
| Standard authorized capital | 150,000.00 AED for FZE, 200,000 AED for FZ LLC | |
| Bearer shares | No | |
| SHAREHOLDERS | ||
| Shareholders | Natural or legal persons (no residency requirement) | |
| The minimum number of shareholders | A FZE can be formed by one shareholder. A FZ LLC can be formed by 2 to 5 shareholders. | |
| Provision of Fiduciary Services | Not allowed | |
| A requirement for the Board of Directors | No | |
| Place of holding of Meetings of Shareholders | Worldwide | |
| DIRECTORS | ||
| Directors | Natural persons (no residence requirement) | |
| Minimum number of directors | One | |
| Provision of Fiduciary Services | Not allowed | |
| Publication of information about the directors in the State Register | No | |
| Meetings in UAE | Not required | |
| SECRETARY | ||
| Secretary | Yes, a director can be a secretary as well | |
| Publication of information about secretary in the State Register | No | |
| Provision of Fiduciary Services | Not allowed | |
| KEEPING OF RECORDS | ||
| Record keeping | Yes | |
| Audit | Yes | |
| Filing reports | No | |
| Currency control | No | |
| ACTIVITIES | ||
| Business in UAE | Yes | |
| Buying a property in UAE | No | |