Free zone comparison

IFZA vs Meydan Free Zone vs RAKEZ: which one fits your company?

IFZA, Meydan Free Zone and RAKEZ compared on the questions that matter: location, visas, office, banking fit and renewal. Check each fee at source.

By Imran Mirza, Founder & CEO, Xillion Group UAE. Born and raised in the UAE, with 18+ years of professional working experience, including nearly seven years at Barclays and ADCB and 12 years in UAE business setup. Last reviewed 1 November 2026.

Short answer

Choose by what you need, not by headline price: IFZA and Meydan Free Zone are Dubai zones, RAKEZ is in Ras Al Khaimah. Compare visa quota, office options, activity fit, bank acceptance and year-two renewal. Read each zone's own fee page and ask for a written quote.

Xillion Group UAE is a consultancy. It is not a licensing authority, a bank, a law firm, a tax adviser or an audit firm, and approvals are decided by the relevant authority. Regulated services such as tax, audit, legal drafting, VARA licensing and immigration filings are coordinated through licensed external partners. This page is general information, not legal, tax or investment advice, and nothing here is a guarantee.

Guide

The comparison that matters

QuestionWhy it mattersHow to check
Where is the zone?IFZA and Meydan Free Zone are Dubai zones. RAKEZ is in Ras Al Khaimah. Location affects client perception, office access and logistics.Each zone's official site
Does it allow my activity?Not every zone licenses every activity. A mismatch can force a change later.The zone's activity list
How many visas can I get?The visa quota and the cost per visa change the real total.The zone's package page
What office options exist?Some banks and some clients expect a physical address, not only a flexi desk.The zone and the bank
Will my bank accept it?Bank appetite depends on activity, ownership, source of funds and substance, not only on the zone name.Ask the bank before you buy
What does year two cost?Renewal, visa renewal and audit can erase a low first-year price.The renewal section of each fee page
Can I leave easily?Cancellation or transfer rules differ and affect your exit cost.The zone's cancellation procedure
Guide

Three founder profiles

  • Solo consultant or freelancer: start with the lowest visa count and a flexi desk, then check whether your bank accepts that structure.
  • Trading or e-commerce company: check activity wording and where goods will be stored, because that can decide the zone.
  • Founder with several staff: price the visa quota and office first, since those dominate the budget.
Guide

Our approach

XILLION assists with company formation across a broad range of UAE free zones and Dubai mainland. This page is a neutral decision guide. It is not an offer from any zone, and we do not claim any partnership. Imran Mirza reviews your activity, visas and banking plan on a call, then you compare written quotes. Born and raised in the UAE, with 18+ years of professional working experience, including nearly seven years at Barclays and ADCB and 12 years in UAE business setup.

Common questions

Frequently asked questions

Which is cheapest, IFZA, Meydan or RAKEZ?

It depends on visas, activity and office. The cheapest first-year licence is not always the cheapest over two years. Compare the nine cost lines on our cost page.

Usually by cancelling and re-registering, which has its own cost and bank impact. Plan the choice carefully.

No. Banks look at the company profile, activity and documents. The zone is one factor among several.

This page makes no partnership claim. Ask us directly and we will state exactly what agreement exists, if any.

Official sources

Official sources for this guide

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Talk to Imran Mirza

Send your situation on WhatsApp or book a 30 minute call with Imran Mirza. We reply as soon as possible.

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Phone and WhatsApp: +971 50 158 5088. Email: info@xillion.ae. You can also contact us through the website.

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Before You Commit.

Book a free 30 minute consultation with Imran Mirza, Founder & CEO. We look at your plans and set out the right route, the documents and the costs in plain words. Licences, visas and bank accounts remain subject to authority and bank approval.