Ras Al Khaimah Economic Zone (RAKEZ) is a thriving free economic zone situated in Ras Al Khaimah, United Arab Emirates. Designed to attract foreign investment and foster business growth, RAKEZ Free Zone offers a wealth of opportunities through various incentives, state-of-the-art infrastructure, and strategic advantages. This guide will provide a detailed overview of setting up a business in RAKEZ Free Zone, highlighting the benefits, processes, and costs involved.
RAKEZ Free Zone provides numerous tax incentives and ownership benefits to businesses:
RAKEZ Free Zone is strategically located near key transportation hubs, including major seaports and airports, facilitating seamless logistics and trade operations. Its proximity to Ras Al Khaimah International Airport and other major UAE ports ensures excellent connectivity for businesses.
RAKEZ offers competitive setup costs, flexible office solutions, and no minimum capital requirements, making it an attractive option for startups, SMEs, and large enterprises alike.
Setting up a business in RAKEZ Free Zone is a streamlined process, involving several key steps:
The documents required to establish a business in RAKEZ Free Zone vary based on the type of entity:
For Individual Shareholders:
For Corporate Shareholders: Additional documents may be required based on the business activity and RAKEZ’s regulations.
RAKEZ Free Zone boasts an array of modern facilities and infrastructure designed to support various business activities:
RAKEZ offers a range of office solutions, from flexi-desks and co-working spaces to fully furnished executive offices, catering to businesses of all sizes.
The free zone provides state-of-the-art warehouses and industrial zones equipped with advanced facilities, making it ideal for manufacturing, storage, and distribution operations.
RAKEZ offers comprehensive business support services, including legal, financial, administrative, and IT support, ensuring smooth and efficient operations for businesses.
RAKEZ Free Zone supports a diverse range of industries, creating a versatile business environment. Key sectors include:
RAKEZ Free Zone offers various licenses tailored to different business activities:
Entrepreneurs in RAKEZ Free Zone can choose from two primary legal structures:
RAKEZ offers a variety of business setup packages to suit different needs and budgets. The cost of setting up a business can starts from AED 6k for a zero-visa business license. The total cost depends on factors such as the type of business activities, number of shareholders, and office space requirements.Renewal costs include fees for renewing business licenses and visas, which need to be accounted for in annual budgeting.
Setting up a business in RAKEZ Free Zone can typically be completed within 10 business days:
RAKEZ Free Zone is an exceptional destination for businesses seeking to establish a presence in the UAE. With its strategic location, competitive setup costs, extensive facilities, and supportive business environment, RAKEZ Free Zone offers unparalleled opportunities for growth and success. Whether you're a startup, SME, or large corporation, RAKEZ Free Zone offers the perfect platform to meet your business goals and expand your reach in the Middle East and beyond.
Navigating the process of obtaining a business license in RAKEZ Free Zone can be complex, but our expert team is here to simplify it for you. From initial consultation to final license issuance, we provide end-to-end support, ensuring all legal requirements and documentation are handled efficiently. Our services include business activity assessment, legal structure selection, name reservation, and document preparation. We also facilitate seamless communication with RAKEZ authorities, expedite approvals, and assist with visa processing and bank account setup. With our guidance, you can focus on your business while we manage the intricacies of the licensing process, ensuring a smooth and successful setup in RAKEZ Free Zone.Contact us Plan My Firm today !.