Ajman Free Zone vs RAKEZ: Side-by-Side Comparison

Ajman Free Zone (AFZ) is one of the cheapest paths to a UAE license, good for small trading and light industrial businesses. RAKEZ is bigger, more versatile, and offers mainland-adjacent packages plus industrial plots.

AFZ from AED 6,500/yr
RAKEZ from AED 7,500/yr
AFZRAKEZ2/3 selected
AFZ
Ajman
RAKEZ
Ras Al Khaimah
Emirate
Ajman
Ras Al Khaimah
Starting from
AED 6,500/yr
AED 7,500/yr
Renewal cost
AED 6,500/yr
AED 7,500/yr
Setup time
2-3 business days
2-3 business days
Min. share capital
None required
None required
Visa packages
1 visa: AED 3,000
3 visas: AED 7,500
1 visa: AED 3,000
3 visas: AED 8,000
6 visas: AED 14,000
License types
tradingserviceindustriale-commercefreelancer
tradingserviceindustriale-commercefreelancer
Office options
flexi deskshared officeprivate officewarehouse
flexi deskvirtual officeshared officeprivate officewarehouseindustrial unitland lease
Specialization
general businesstradinge-commerce
manufacturingtradinggeneral businessindustrial
Location
Ajman (25 min from Dubai)
Ras Al Khaimah (1 hour from Dubai)
Established
1988
2017
Best for
  • Budget businesses
  • Startups
  • Small traders
  • Manufacturing
  • Industrial
  • Trading with warehouse needs
Pros
  • Budget-friendly
  • Close to Dubai
  • Fast processing
  • Very affordable
  • Excellent for manufacturing
  • Large warehouses available
Cons
  • Ajman address
  • Smaller business community
  • Banking more difficult
  • Distance from Dubai
  • Smaller business ecosystem
  • Travel time for meetings

Still not sure which fits your business?

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Key differences at a glance

AFZRAKEZ
Emirateajmanras al-khaimah
License fromAED 6,500/yrAED 7,500/yr
Annual renewalAED 6,500AED 7,500
Setup time2-3 business days2-3 business days
Min share capitalNoneNone
Established19882017
License typestrading, service, industrial, e-commerce, freelancertrading, service, industrial, e-commerce, freelancer
Office optionsflexi desk, shared office, private office, warehouseflexi desk, virtual office, shared office, private office, warehouse, industrial unit, land lease

Cost breakdown

AFZ

License (starting from)
AED 6,500/yr
Annual renewal
AED 6,500
Visa packages
1 visa
~AED 3,000
3 visas
~AED 7,500
Full AFZ profile

RAKEZ

License (starting from)
AED 7,500/yr
Annual renewal
AED 7,500
Visa packages
1 visa
~AED 3,000
3 visas
~AED 8,000
6 visas
~AED 14,000
Full RAKEZ profile

Which one should you pick?

Pick AFZ if

You want rock-bottom setup cost for a small trading or service license.

See full AFZ profile

Pick RAKEZ if

You need industrial space, mainland flexibility, or larger operations.

See full RAKEZ profile

Frequently asked questions

Which is cheaper, AFZ or RAKEZ?

AFZ is cheaper. Its license starts at AED 6,500/year vs AED 7,500/year for RAKEZ — a difference of AED 1,000 per year at the entry tier. Actual costs depend on visa count, office type, and activity.

How long does setup take at AFZ vs RAKEZ?

AFZ advertises 2-3 business days and RAKEZ advertises 2-3 business days. Real-world timelines depend on how quickly you submit documents, pay fees, and complete KYC.

Where are AFZ and RAKEZ located?

AFZ is in Ajman (Ajman (25 min from Dubai)). RAKEZ is in Ras Al Khaimah (Ras Al Khaimah (1 hour from Dubai)).