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DIFC (Dubai) vs RAK ICC: which jurisdiction wins?

DIFC (Dubai) vs RAK ICC — both credible, very different trade-offs. Below: side-by-side on the variables that actually move the decision.

 DIFC (Dubai)RAK ICC
Tax headline0% on qualifying income (9% otherwise)0% on qualifying income
Formation days145
First-year cost$12,000$3,800
Treaties140+140+
SubstanceMandatory office, directors, employees in DIFCLighter than DIFC/ADGM; substance for tax claims
BankingDIFC-licensed banks and prime brokersOnshore UAE bank intros possible with proper file

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