RAKEZ vs UAQFTZ
Ras Al Khaimah Economic Zone compared to UAQ Free Trade Zone
Head-to-Head Comparison
| Feature | RAKEZ | UAQFTZ |
|---|---|---|
| Full Name | Ras Al Khaimah Economic Zone | UAQ Free Trade Zone |
| Emirate | Ras Al Khaimah | Umm Al Quwain |
| Specialty | General business, manufacturing | Trading, manufacturing, services |
| Cheapest Year 1 | AED 9,000 | AED 5,000 |
| Cheapest Package | RAKEZ Starter (0 visa) | UAQ FTZ Starter (0 visa) |
| License Fee (from) | AED 6,000 | AED 5,000 |
| Visa Cost Range | AED 4,000-AED 5,500 | AED 3,500-AED 4,500 |
| Notable | 4,000+ activities, 50+ sectors | Most affordable UAE free zone |
| Website | www.rakez.com | www.uaqftz.com |
All Packages Compared
RAKEZ Packages
| Package | Year 1 | Visas |
|---|---|---|
| RAKEZ Starter (0 visa) | AED 9,000 | 0 |
| RAKEZ 1 Visa | AED 15,500 | 1 |
| RAKEZ 2 Visa | AED 19,500 | 2 |
| RAKEZ Office | AED 30,500 | 6 |
| RAKEZ Industrial | AED 51,000 | 10 |
UAQFTZ Packages
| Package | Year 1 | Visas |
|---|---|---|
| UAQ FTZ Starter (0 visa) | AED 5,000 | 0 |
| UAQ FTZ 1 Visa | AED 9,500 | 1 |
| UAQ FTZ 2 Visa | AED 15,000 | 2 |
Verdict
UAQFTZ is the more affordable option, starting from AED 5,000 compared to AED 9,000 for RAKEZ. However, RAKEZ may offer advantages in terms of general business, manufacturing.