Ras Al Khaimah Economic Zone (RAKEZ) is a major business powerhouse and leading industrial hub, offering customizable solutions for UAE company formation.
Overview
Situated in the heart of the emirate of Ras Al Khaimah in the United Arab Emirates, Ras Al Khaimah Economic Zone (RAKEZ) is a major business powerhouse and leading industrial hub. As a business licensing authority, RAKEZ offers customizable solutions for UAE company formation to both free zone and non-free zone businesses within a thriving multinational community of over 23,000 companies across more than 50 sectors.
Established by the Government of Ras Al Khaimah, RAKEZ is one of the largest economic zones in the region. It supports startups, entrepreneurs, SMEs, and industrialists with their business setup processes and requirements. RAKEZ provides a wide range of business licenses in the UAE, along with residence visa services and customizable facilities. Additionally, it offers a suite of value-added support services, including accounting, translation, bank account opening, recruitment, procurement, marketing, and more.
RAKEZ aims to make running and setting up a business in the UAE as easy as 1, 2, 3, ensuring full compliance with the UAE’s rules and regulations. With its strategic location, advanced infrastructure, and comprehensive support services, RAKEZ provides an ideal environment for businesses to establish, grow, and succeed in the UAE and beyond.
Advantages
Ras Al Khaimah Economic Zone (RAKEZ) offers numerous advantages for businesses. Located in Ras Al Khaimah, it provides a strategic position with easy access to regional and global markets. RAKEZ supports 100% foreign ownership and full repatriation of profits, creating a favourable business environment. It caters to various industries, including manufacturing, trading, and services, with flexible office solutions ranging from virtual offices to large corporate spaces. The free zone features zero customs duties on imports and exports, and corporate tax exemptions, which enhance cost-effectiveness. RAKEZ also simplifies the setup process with streamlined procedures for company registration and visa applications. Additionally, it offers robust infrastructure and facilities, making it an attractive choice for businesses seeking growth and operational efficiency.
How it works
Define the activities your business will engage in.
Choose from Free Zone Company (FZC), Free Zone Establishment (FZE), or branch.
Select and register your company name with RAKEZ.
Gather required documents, including passport copies, a business plan, and proof of address.
Submit your application and documents to RAKEZ for approval.
Choose and secure office space within RAKEZ.
Receive your business license upon approval.
Set up a corporate bank account in the UAE.
Apply for residence and work visas for yourself and employees.
Checklist
Activities
The full RAKEZ activity list is available as a PDF.
↓ Download the RAKEZ activity listPricing
Multi-year
| License Fee | Zero Visa | One Visa | Two Visa | Three Visa |
|---|---|---|---|---|
| Two Years | 10,810 AED | 28,110 AED | 34,060 AED | 42,560 AED |
| Three Years | 15,310 AED | 39,660 AED | 48,060 AED | 60,060 AED |
| Sr.No. | Description | Fees |
|---|---|---|
| 1. | Amendment of activity | 2500 AED |
| 2. | Amendment of shareholder | 2500 AED |
| 3. | Amendment of manager | 2500 AED |
| 4. | Amendment of Visa package | 2500 AED |
| 5. | Amendment of MOA | 2500 AED |
| 6. | Amendment of Share Capital | 2500 AED |
Terms
Get in touch
Business setup, visas, PRO services or Golden Visa — send us the details and a consultant will come back with a clear plan and a full cost breakdown.