At the heart of Ras Al Khaimah, the Ras Al Khaimah Economic Zone (RAKEZ) stands as one of the UAE’s most business-friendly environments. RAKEZ is a government-managed designated free zone that empowers both startups and global enterprises to build and expand with confidence.
Home to over 38,000 thriving businesses spanning across 50 diverse industry sectors, RAKEZ Free Zone is a powerhouse of enterprise and innovation. This ecosystem brings together a driven community of entrepreneurs, investors, and creators who stand to benefit from a competitive framework and a robust infrastructure that propels long-term growth aspirations.
Why Choose RAKEZ Free Zone?
Here are some reasons to consider RAKEZ for your business formation
- 100% foreign ownership
- 100% repatriation of capital and profits
- Flexible licensing options
- Dual-zone advantage with the freedom to operate as a free zone or non-free zone entity
- Strategic connection to key markets across MENA, Europe and Asia
- Access to a dedicated client portal
- Purpose-built spaces ranging from flexi-desks to full-scale industrial facilities
3 Simple Steps
Your RAKEZ company formation explained in three (3) simple steps
Step 1
Initial consultation
Step 2
Application preparation
and submission
Step 3
Business license issuance
Types of RAKEZ Companies
Below are the types of RAKEZ Free Zone and Non-Free Zone entities:
| Zone | Legal form | Number of shareholders | Features |
| RAKEZ Free Zone | Free Zone limited liability company (FZ-LLC) | One to fifty (1 – 50) | Zero corporate taxZero income taxZero custom dutyZero re-exported taxFreedom to source labour100 % foreign ownershipAccess to local market of Ras Al Khaimah |
| RAKEZ Non-Free Zone | Individual establishment | One (1) | Zero corporate taxZero income taxSell directly in the local marketZero custom duty on sales in markets of UAE and Gulf Co-operation Countries. |
| RAKEZ Non-Free Zone | Limited liability company (LLC) | Two to fifty (2 – 50) | |
| RAKEZ Non-Free Zone | Branches of companies incorporated inside or outside of the UAE. | N/A |
RAKEZ Licenses
RAKEZ offers a wide range of business licenses and permits catered to suit every industry:
1. Commercial License: For companies involved in trading, the import and export business, and goods distribution
2. General Trading License: Suitable for businesses dealing in multiple products under a single license
3. Industrial License: For businesses engaging in manufacturing, assembling, and packaging within RAKEZ zones
4. Service License: Permits organizations to offer consultancy and professional services
5. Professional License: For individuals providing specialized services within their field
6. Educational License: Granted to educational institutions or teachers and trainers offering their services on a consultancy basis
7. E-commerce License: Allows businesses to sell products or services through digital and e-commerce platforms
8. Media License: For companies involved in the production industry and other related media and marketing activities
The Steps to Set Up a Free Zone Company with RAKEZ
Setting up your business in RAKEZ is quick and hassle-free with InZone’s expert guidance.
1. Customize your package: Your journey begins with a quick consultation with our InZone experts. Our business setup consultants in Dubai will help you determine the right legal structure and the RAKEZ license category that best suits your requirements.
2. Complete your application: Our team will then prepare and review all documentation to ensure that your RAKEZ company formation meets every requirement.
3. Submit your application: Our team will handle the submission process to RAKEZ on your behalf and manage all the communications for you.
4. Get your license and incorporation documents: Once the approval process is complete, RAKEZ will register your company and issue a RAKEZ trade license, and also provide you with a certificate of incorporation. Our team will deliver everything to you while simultaneously assisting with the next steps: Helping you open a corporate bank account and working on residence visa applications. We also provide quality assistance with accounting and bookkeeping services for free zone companies in Dubai and Ras Al Khaimah, helping you stay organized and focused on your business growth.
Documents Required for a RAKEZ Company
The following documents are required to form a company with Ras Al Khaimah Economic Zone:
Individual Shareholder(s):
- Coloured passport copy / emirates ID (for UAE residents)
- Visa copy and entry stamp (if the person is in the UAE)
- Original no objection certificate for general manager (for UAE residents)
- Business plan
Corporate Shareholder(s):
- Shareholders resolution resolving establishment of RAKEZ company and appointment of general manager
- Trade license / certificate of registration of existing business
- Memorandum and articles of association
- Certificates of good standing or certificate of incumbency
Note: Document requirements may vary based on the chosen business activity and the regulations of the respective licensing authority.
Key Features
These are the key features of RAKEZ Free Zone
| High Number of Business Activities | Over four thousand business activities to choose from |
| Free Zone and Non-Free Zone Entities | RAKEZ provides company solutions for both free zones and non-free zones |
| Women Empowerment | RAKEZ supports women entrepreneurs by offering special pricing and packages for them |
| Minimum Share Capital | Form a company with just a share capital of AED 10,000 |
| Special Economic Zones | RAKEZ has special industrial, academic, and business activity zones |
| Freelancers Can Operate in RAKEZ | RAKEZ has dedicated licenses for freelancers |
| Flexible Payment Options | Payment for license renewals can be done annually or after three years. Interest free installment options for company formation and license renewals are also available |
| All Inclusive | You pay an all-inclusive amount for your RAKEZ company, its office space, and visa allocations |
Source: https://www.inzone.ae/product/rakez-company-formation/
