RAKEZ Free Zone Company Setup
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About RAKEZ
Ras Al Khaimah Economic Zone (RAKEZ) is a consolidation of two free zones: RAK Free Zone and RAK Investment Authority. Located in Ras Al Khaimah, United Arab Emirates, RAKEZ offers economic stability and security, making it an ideal destination for business setups. With customizable company formation options and seamless connectivity through seaports, airports, and highways, RAKEZ is a preferred choice for freelancers, small and medium enterprises, multinational corporations, and large industries.
The Benefits of Incorporating a RAKEZ Company
RAKEZ benefits its companies in the following ways:
- Ras Al Khaimah Economic Zone permits more than four thousand (4,000) business activities.
- RAKEZ companies are an affordable company set up option.
- Both free zone and non-free zone options are available.
- Form a company without visiting the UAE.
- Minimum documents are required to set up a company.
- Ras Al Khaimah Economic Zone has dedicated zones for industrial, academic, and business activities.
- Ras Al Khaimah Economic Zone processes for company incorporation are time efficient.
- Ras Al Khaimah Economic Zone offers special licenses for freelancers.
- RAKEZ has special packages for women entrepreneurs.
- Minimum capital requirement of AED 10,000 (for industrial activity – AED 15,000).
- Pay for your company registration and company renewals in interest free instalments lasting up to six (6) months.
- One RAKEZ company can carry out several business activities on multiple licenses.
- 100 % repatriation of profits and capital.
- Zero (0) tax (personal or corporate)
- Ready to move in flexi desk, flexi office and dedicated office options are available for RAKEZ companies.
- Warehousing and storage facilities options are also provided.
- Ras Al Khaimah Economic Zone offers land for development that may benefit manufacturing, logistical and service industry projects.
- Provision for on-site staff and labour accommodation.
- RAKEZ facilitates easy company operation.
- Ras Al Khaimah Economic Zone offers business centres and secretarial services.
- Find access to all government services under the same roof.
- Multiple alternatives for investor and employee visas.
- Opportunity to do business with more than fourteen thousand (14,000) companies from fifty (50) different countries that are already set up with the RAKEZ.
- The strategic partnership of RAKEZ with banks fast tracks the bank account opening process. This also eases the operation of bank accounts.
- Investors and employees of Ras Al Khaimah Economic Zone companies can sponsor their families.
- Investor visa granted to investors of RAKEZ companies allows freedom to travel to Gulf Cooperation Countries.
3 Simple Steps
Start your business in Khalifa Industrial Zone Abu Dhabi with 3 easy steps.
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Types of RAKEZ Companies
The legal forms of RAKEZ companies depend on whether they are incorporated in the free zone or non-free zone areas of Ras Al Khaimah Economic Zone. A free zone company can have 100% foreign ownership, while a non-free zone company must be set up in association with a UAE local partner and is subject to UAE labour laws. The details of the different legal forms of RAKEZ companies are outlined below:
| Zone | Legal Form | Number of Shareholders | Features |
|---|---|---|---|
| RAKEZ Free Zone | Free Zone Limited Liability Company (FZ-LLC) | 1 – 50 | ✅ Zero corporate tax ✅ Zero income tax ✅ Zero customs duty ✅ Zero re-export tax ✅ Freedom to source labour ✅ 100% foreign ownership ✅ Access to the local market of Ras Al Khaimah |
| RAKEZ Non-Free Zone | Individual Establishment | 1 | ✅ Zero corporate tax ✅ Zero income tax ✅ Sell directly in the local market ✅ Zero customs duty on sales within UAE and GCC markets |
| RAKEZ Non-Free Zone | Limited Liability Company (LLC) | 2 – 50 | ✅ Can operate in UAE mainland ✅ Requires a local UAE partner |
| RAKEZ Non-Free Zone | Branches of Companies (inside or outside UAE) | N/A | ✅ Can establish a branch in UAE ✅ Subject to UAE regulations |
Types of Licenses for RAKEZ Companies
The following trade license options are available for any RAKEZ company in Dubai:
- Commercial
- Educational
- E-commerce
- General trading
- Individual
- Industrial
- Media
- Professional
- Service
- Freelance
The commercial and industrial licenses allow a company to operate in both the RAKEZ free zone and non-free zone areas. The professional license is issued for both zones, depending on the nature of the professional activity.
Documents Required for a RAKEZ Company
The following documents are required to establish a company with Ras Al Khaimah Economic Zone (RAKEZ):
- Colored passport copy / Emirates ID (for UAE residents).
- Visa copy and entry stamp (if the person is in the UAE).
- Original No Objection Certificate (NOC) for the general manager (for UAE residents).
- Business plan.
- Shareholders’ resolution approving the establishment of the RAKEZ company and appointment of a general manager (for corporate shareholders).
- Trade license / certificate of registration of an existing business (for corporate shareholders).
- Memorandum and Articles of Association (for corporate shareholders).
- Certificate of good standing or certificate of incumbency (for corporate shareholders).
Key Features
Here are the benefits of RAKEZ companies
| Feature | Description |
|---|---|
| Wide Range of Business Activities | Operate in over 4,000 business activities. |
| Free Zone & Non-Free Zone Business | RAKEZ provides company solutions for both free zones and non-free zones. |
| Women Empowerment | Special pricing and benefits for women entrepreneurs. |
| Minimum Share Capital | Establish a company with just AED 10,000 share capital. |
| Special Economic Zones | Dedicated industrial, academic, and business activity zones. |
| Freelancer-Friendly | RAKEZ offers specific licenses for freelancers. |
| Flexible Payment Options | Annual or three-year license renewal payments, with interest-free installment plans available. |
| All-Inclusive Setup | One-time payment covers company formation, office space, and visa allocations. |
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Why Choose Maske Brothers?
- We provide 30 day money back satisfaction guarantee to all our clients.
- We provide 100% confidentiality to all our clients.
- We provide a dedicated account manager.
- We provide bank account opening assistance through our well-established banking relationships.