RAK Economic Zone - RAKEZ
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RAKEZ Company Formation
RAK Free Zone presents a premier, all-encompassing business solution tailored to offer an optimal platform for investors establishing their ventures in Ras Al Khaimah. The business setup packages and environment within RAK Economic Zone are meticulously crafted to accommodate the diverse needs of investors, featuring four specialized zones.
Situated in the rapidly expanding region of the United Arab Emirates, the Ras Al Khaimah Free Zone provides investors with an exceptional opportunity to leverage its strategic location. Serving as an ideal launching pad for businesses, RAK Free Zone furnishes essential facilities and cutting-edge technology necessary for ensuring the success of your enterprise.
The cost of obtaining a license in RAK Free Zone varies based on individual requirements, providing investors with the flexibility to determine the operational nature of their businesses, be it import/export, trading, or manufacturing. RAK Free Zone stands out with its advantageous company setup costs, offering affordable land prices and utility tariffs.
Establish your company within the RAK Free Zone, where commercial innovation thrives at every level, supported by an internationally recognized infrastructure. We are dedicated to assisting you in the process of RAK Free Zone company setup, providing a spectrum of licenses, tailored facilities, and top-notch support services, including visa facilitation. Our comprehensive assistance covers project setup details, target customer identification, and the implementation of effective marketing campaigns to ensure the success of your venture.
RAKEZ – RAK Economic Zone: Company Formation process
The Ras Al Khaimah Free Zone creates an optimal economic atmosphere for businesses spanning across more than 100 countries and 50 industries globally. Foreign investors, regardless of their nationality, benefit from the comprehensive support, facilities, and ideal business conditions offered by the RAK Free Zone.
To add to its allure, RAKEZ provides a straightforward and efficient company formation process. With just a few uncomplicated steps and assistance from our expert consultants, you can swiftly secure your trade license and gain approval to establish your business within a matter of weeks.
The RAK Free Zone Company Setup process encompasses selecting your license, initiating the application process, submitting necessary documents, and finally, obtaining approval and your license from the free zone authority.
Benefits of RAKEZ company registration:
Benefits of Company Formation in RAK Free Zone:
- 100% repatriation of capital and profit
- 100% business ownership to foreign Nationals
- Simple company setup processes
- RAK free zone license can be obtained within one week
- Large number of permissible business activities and industries
- Large number of licenses available to choose from
- Strategic geographical location
- Low business setup costs
- Central location for government services
- Access to five major sea ports
- Connectivity to large logistical hubs
- Access to international markets across the MENA and Asia regions
RAKEZ – RAK Economic Zone: Company Setup cost
| Package | Visa Eligibility | 1st year Package fee |
| All-inclusive 1 visa package | 1 | AED 16,500 |
| All-inclusive 2 visas package | 2 | AED 20,000 |
| All-inclusive 3 visas package | 3 | AED 25,000 |
| All-inclusive 4 visas package | 4 | AED 29,000 |
| All-inclusive 6 visas package – Standard Office | 6 | AED 38,000 |
The above packages are included the followings:
- Registration fee
- Administration fee
- Pre-approval fee
- License fee
- Immigration file fee
- Lease fee
- E-channel (registration and renewal)
- Entry permit
- Residency fee
- Medical Check
- Emirates ID
- Change of status
RAKEZ Company renewal cost
The license renewal price as long as on-time license renewal is maintained.
Failure to renew on or before the expiry date will result in incurring a late renewal penalty charge of AED 50 per day from the license expiry date.
Varieties of Business Licenses Offered in RAK Free Zone
The RAK Free Zone in Ras Al Khaimah stands out as an exceptional economic hub, primarily due to its extensive array of available licenses. Over 50 diverse industries can leverage the corporate environment provided by RAKEZ.
Here are the key licenses for RAKEZ company formation in the UAE:
- Commercial License: Enables trading in services and goods.
- General Trading License: Allows trading in a variety of goods.
- Industrial License: Permits activities such as manufacturing, importing, packaging, and exporting products.
- Service License: Authorizes the provision of services or consultancies across any industry.
- Professional License: Designed for individuals offering professional services.