What documents does a Filipino national need to start a real estate brokerage business in the UAE?

You will need a valid Philippines passport (minimum 6 months validity), passport-sized photos, proof of address in Philippines, attested documents via Department of Foreign Affairs (DFA), and a business plan for your real estate brokerage venture.

How long does it take for a Filipino citizen to set up a real estate brokerage company in RAKEZ?

The complete process — from initial application to trade licence issuance — typically takes 3–6 business days. Adding visa processing and bank account opening, the total timeline is approximately 13–23 business days.

Do I need to be physically present in the UAE to set up a Real Estate Brokerage company in RAKEZ?

Most of the setup process for a real estate brokerage business in RAKEZ can be completed remotely, with documents submitted online or via courier. However, you may need to visit the UAE for Emirates ID biometrics and bank account opening. IBA can coordinate to minimise your required visits.

What are the tax implications for a Real Estate Brokerage business in Ras Al Khaimah Economic Zone?

The UAE introduced a 9% corporate tax on profits exceeding AED 375,000 (effective June 2023). Free zone companies like those in RAKEZ may qualify for a 0% corporate tax rate on qualifying income, provided they meet the substance requirements and do not conduct business with the mainland. There is no personal income tax in the UAE. VAT at 5% applies to most goods and services.

What are the annual renewal costs for a Real Estate Brokerage business in Ras Al Khaimah Economic Zone?

The annual licence renewal for a Real Estate Brokerage RAKEZ company costs approximately AED 7,500, which covers the trade licence fee. Additional annual costs may include office space rental, visa renewal, and establishment card fees. IBA provides renewal services to ensure uninterrupted business operations.

Is Ras Al Khaimah Economic Zone good for real estate brokerage start-ups?

RAKEZ is one of the most start-up-friendly jurisdictions in the UAE, offering cost-effective licensing and industrial and commercial zones. Flexible office solutions starting from AED 3,000 per year help keep initial overheads manageable.

How long does it take to get a Real Estate Brokerage licence in RAKEZ?

The typical processing time for a real estate brokerage licence at RAKEZ is 3 business days, subject to document completeness and any regulatory approvals. As a regulated activity requiring RERA approval, additional time of 1-3 weeks may be required.

Real Estate Brokerage in Ras Al Khaimah Economic Zone for Filipino nationals

Free ZoneReal EstateRegulated Activity

Real Estate Brokerage in RAKEZ

Starting From

AED 7,500

Setup Time

3 Business Days

Visa Quota

3 Visas

Location

Ras Al Khaimah

About Real Estate Brokerage

As a Filipino national looking to establish a Real Estate Brokerage business in Ras Al Khaimah Economic Zone, the UAE offers one of the most welcoming environments for international entrepreneurs. Philippines has strong bilateral trade relations with the UAE, and thousands of Filipino professionals have already successfully set up businesses across the emirates.

As a free zone entity regulated under Ras Al Khaimah's commercial laws, your Real Estate Brokerage business will benefit from cost-effective licensing and industrial and commercial zones. The RAKEZ licensing framework is designed to accommodate both start-ups and established firms, with annual licence fees starting from approximately AED 7,500.

With over two decades of experience in UAE business formation, IBA International provides end-to-end support for your real estate brokerage setup in RAKEZ. Our dedicated advisors handle the paperwork, government liaisons, and compliance requirements, so you can focus on building your business from day one.

Why RAKEZ for Real Estate Brokerage?

There are several compelling reasons why Ras Al Khaimah Economic Zone continues to attract real estate brokerage entrepreneurs from around the world.

The jurisdiction offers cost-effective licensing, which is particularly valuable for real estate brokerage operations. Additionally, industrial and commercial zones ensures that your business remains competitive in the regional market. As a free zone entity, your business enjoys complete repatriation of profits and capital, with no currency restrictions on transactions. Office solutions start from AED 3,000 per year for a flexi desk, making it accessible for businesses of all sizes. The standard licence includes a visa quota of 3 residency visas, with options to increase this number as your team grows. 100% foreign ownership further enhances the appeal of RAKEZ for real estate brokerage professionals. Furthermore, gateway to northern emirates positions your real estate brokerage business for long-term success in the region. With Ras Al Khaimah continuing to invest in infrastructure and business-friendly regulation, RAKEZ remains an excellent choice for both start-ups and established real estate enterprises looking to expand into the Middle East and North Africa region.

For Filipino nationals specifically, the Ras Al Khaimah government has fostered a business-friendly environment with streamlined processes that cater to the large Filipino business community.

Cost-effective licensing

Industrial and commercial zones

100% foreign ownership

Gateway to Northern Emirates

Manufacturing facilities

Visa Requirements for Filipino Nationals

Filipino nationals require a pre-arranged UAE visa. Employment or investor visa is processed through the company after incorporation. Once your real estate brokerage licence is issued by RAKEZ, IBA will process your residence visa application, Emirates ID, and medical fitness tests. The entire process typically takes 8–15 business days from licence approval to visa stamping.

Banking for Filipino Business Owners

Filipino entrepreneurs can open corporate accounts with standard documentation. A solid business plan helps expedite the process. For your real estate brokerage business in RAKEZ, IBA recommends opening a corporate account with a bank that has experience serving Filipino business owners. We will prepare your banking file including the trade licence, shareholder documents, business plan, and any Philippines-specific attestations required.

Document Attestation for Filipino Nationals

Filipino nationals setting up a business in the UAE will need to attest certain documents through Department of Foreign Affairs (DFA). This typically includes your passport copy, educational certificates (if applicable for real estate brokerage), and any existing business documents. The attestation must then be verified by the UAE Embassy in Abu Dhabi before submission to RAKEZ.

Requirements & Documents

1Valid Philippines passport (minimum 6 months validity)

2Documents attested by Department of Foreign Affairs (DFA)

3UAE Embassy attestation from Abu Dhabi

4Entry stamp or valid UAE visa copy (if applying from within the UAE)

5Proposed company name (2-3 alternatives)

6Proof of residential address (utility bill or bank statement)

7Relevant industry experience documentation

8Passport-sized photographs with white background

Regulatory Note: Real Estate Brokerage is a regulated activity in the UAE. Additional approval from RERA is required. IBA can guide you through the full regulatory process.

Cost Breakdown

Item	Cost (AED)
License Fee	7,500
Visa Package (per visa)	3,700
Flexi Desk	3,000
Shared Office	7,000
Private Office	15,000
Estimated Total (Year 1)	From AED 14,200

* Costs are indicative and subject to change. Contact IBA for a personalised quote.

Setup Timeline

Consultation

Free consultation with IBA to discuss your real estate brokerage business plan and the best RAKEZ licence options for Filipino nationals.

Document Preparation

Prepare and attest all required documents from Philippines through Department of Foreign Affairs (DFA) and the UAE Embassy.

Licence Application

Submit the real estate brokerage licence application to RAKEZ. IBA handles all paperwork and government interactions.

Trade Licence Issued

Receive your official RAKEZ trade licence within 3–6 business days.

Visa Processing

Process your UAE residence visa, Emirates ID, and medical fitness. Filipino nationals require a pre-arranged UAE visa.

Bank Account

Open a corporate bank account. Filipino entrepreneurs can open corporate accounts with standard documentation.

Start Operations

Your real estate brokerage business is ready to operate in the UAE. IBA provides ongoing PRO, accounting, and compliance support.

Total estimated time: 3 business days. IBA handles the entire process end-to-end so you can focus on your business.

Frequently Asked Questions

Yes. RAKEZ allows 100% foreign ownership for all nationalities, including Filipino nationals. No local sponsor or partner is required.

Real Estate Brokerage in Other Jurisdictions

SHAMS

From AED 6,150

RAKEZ

From AED 7,500

DIFC

From AED 12,000

Abu Dhabi DED

From AED 10,000

JAFZA

From AED 16,000

Dubai DED

From AED 12,000

DMCC

From AED 15,300

IFZA

From AED 11,750