The Ras Al Khaimah Economic Zone (RAKEZ) stands as one of the UAE’s most powerful and cost-effective investment hubs, providing a gateway for entrepreneurs, SMEs, and global corporations to access regional and international markets. Designed to simplify business formation and operations, RAKEZ business setup is ideal for those seeking affordability, flexibility, and strategic location advantages.
In this comprehensive guide, you’ll learn everything about RAKEZ company formation—from license types and legal structures to setup steps, required documents, and cost breakdowns—crafted to help you make informed decisions about starting your business in one of the UAE’s leading free zones.
What is RAKEZ Free Zone?
RAKEZ (Ras Al Khaimah Economic Zone) is a government initiative that consolidates and manages multiple free zones and industrial areas in Ras Al Khaimah under one unified authority. Established in 2017, RAKEZ was formed by merging Ras Al Khaimah Free Trade Zone (RAKFTZ) and Ras Al Khaimah Investment Authority (RAKIA) to streamline business operations and enhance investor convenience.
RAKEZ offers over 50 industry sectors—including manufacturing, logistics, e-commerce, education, consultancy, and media. With easy access to the GCC, Africa, and Asia, it provides world-class infrastructure, modern facilities, and investor-friendly policies that attract thousands of businesses each year.
Located near major seaports, airports, and highways, RAKEZ connects investors to regional and global markets with ease. Its proximity to Dubai (just 45 minutes away) enhances accessibility for entrepreneurs looking for lower setup costs with Dubai-level facilities.
Benefits of RAKEZ Business Setup
RAKEZ is known for combining affordability with high operational efficiency, making it one of the UAE’s top destinations for business formation.
Cost-Effective Business Formation
RAKEZ offers some of the most competitive setup packages in the UAE, catering to startups, freelancers, and multinational corporations. Entrepreneurs can establish their company for as low as AED 5,499.
100% Foreign Ownership
Investors can fully own their business without a local sponsor, ensuring total operational control and profit repatriation.
Zero Corporate and Personal Tax
Businesses enjoy zero personal income tax and exemption from corporate tax, subject to federal regulations—making RAKEZ highly attractive to international investors.
Strategic Location with Global Connectivity
Situated close to key shipping routes, RAKEZ allows quick access to global markets, enhancing logistics and distribution capabilities for companies.
Flexible Visa Options
RAKEZ offers multiple visa packages, including 1-year and 3-year options, depending on business size and employee requirements.
Features of RAKEZ Company Setup
A RAKEZ company setup provides comprehensive business support services, infrastructure, and facilities that simplify growth and compliance.
Multiple Business Zones
RAKEZ offers specialized zones for different industries—RAKEZ Business Zone, RAKEZ Industrial Zone, RAKEZ Academic Zone, and RAKEZ Media Zone—each catering to specific needs.
Variety of Office Facilities
Entrepreneurs can choose from flexi-desks, shared offices, standard offices, or custom-built warehouses for industrial activities.
Simplified Business Setup Process
RAKEZ’s digital portal allows investors to register and obtain licenses within a few days, eliminating unnecessary bureaucracy.
Dedicated Business Support
Companies benefit from dedicated relationship managers and concierge services, ensuring smooth coordination with government departments.
Types of RAK Freezone License
RAKEZ offers various types of business licenses based on the nature of activities, ensuring flexibility for different industries.
Commercial License
Allows trading, import, export, and re-export of goods and commodities within the UAE and internationally.
Professional License
Issued to service-oriented businesses such as consultancy, education, and marketing firms. Professionals can operate legally under this license.
Industrial License
For manufacturing and production activities. Companies can import raw materials, manufacture goods, and export finished products tax-free.
E-commerce License
Designed for online businesses, this license allows entrepreneurs to sell products and services digitally through websites or marketplaces.
Educational License
Institutions offering training, consultancy, or educational programs can apply for this license under RAKEZ Academic Zone.
Legal Structure Under RAKEZ Free Zone
Understanding your company’s legal structure is crucial before registration, as it determines ownership, liability, and operational flexibility.
Free Zone Establishment (FZE)
Ideal for single shareholders, offering 100% ownership and limited liability protection. It’s best for freelancers and solo entrepreneurs.
Free Zone Company (FZC)
Suitable for multiple shareholders (up to 50), whether individuals or corporate entities. It’s preferred by medium-sized firms.
Branch of a Foreign Company
Allows international companies to open a branch in RAKEZ while maintaining their parent company’s legal identity.
Branch of a UAE Company
Enables mainland or other free zone companies to expand into RAKEZ for strategic advantages and cost savings.
Required Documents for Business Setup in RAK Free Zone
RAKEZ has a transparent documentation process, making it easier for entrepreneurs to establish their companies quickly.
For Individual Shareholders
- Passport copy and visa page
- Passport-sized photo
- Proof of address (utility bill or tenancy contract)
For Corporate Shareholders
- Certificate of incorporation
- Memorandum and Articles of Association
- Board resolution authorizing the setup
- Power of attorney for the representative
Additional Approvals
Depending on the business activity, certain activities (education, healthcare, manufacturing) may require external approvals from relevant authorities.
Steps for RAKEZ Free Zone Company Setup
Setting up a business in RAKEZ is straightforward and can be done entirely online with minimal paperwork.
Step 1: Choose Business Activity and License Type
Select your desired business activity—trading, consultancy, industrial, or media—and the corresponding license type.
Step 2: Select a Company Structure
Decide whether to register as an FZE, FZC, or branch, depending on your ownership requirements and business model.
Step 3: Reserve a Trade Name
Submit your preferred trade name for approval. The name must comply with UAE naming conventions and RAKEZ’s guidelines.
Step 4: Submit Application and Documents
Upload your completed application form, passport copies, and supporting documents via the RAKEZ digital portal.
Step 5: Lease Office or Facility
Choose from a wide range of flexi-desks, warehouses, or office spaces based on your operational needs.
Step 6: Pay Fees and Obtain License
Once documents are approved and fees paid, RAKEZ issues your business license, allowing you to begin operations immediately.
RAK Free Zone Business Setup Cost
RAKEZ is one of the most cost-effective free zones in the UAE. The business setup cost varies based on the license type, visa requirements, and facilities chosen.
- Freelancer License: Starting from AED 6,000
- Commercial or Professional License: Starting from AED 10,000
- Industrial License: Starting from AED 15,000
- Office or Warehouse Leasing: From AED 500/month onward
Additional Costs
Visa fees, establishment cards, and health insurance charges are additional but competitively priced compared to other UAE free zones.
Why Incorpyfy for Setting Up Your Business in RAKEZ Free Zone?
Incorpyfy is a certified business setup consultancy in Dubai, UAE, specializing in RAKEZ company formation and free zone licensing. With in-depth expertise, our consultants manage every aspect of your business journey—from documentation and government approvals to visa assistance and bank account setup.
Expert Consultation and Strategy
Our advisors analyze your business model and recommend the most suitable license type and structure to optimize costs and compliance.
Hassle-Free Documentation
We prepare, verify, and submit all required paperwork to RAKEZ, ensuring a smooth and error-free application process.
Transparent Pricing and Support
You receive upfront pricing with no hidden charges and dedicated support throughout your setup and renewal journey.
End-to-End Corporate Solutions
Beyond company formation, we assist with accounting, VAT registration, and post-incorporation compliance to ensure your business operates legally and efficiently.
Strong Relationship with RAKEZ Authority
Our established connections with RAKEZ officials ensure faster processing and streamlined communication, saving you valuable time and resources.
Conclusion
A RAKEZ business setup offers entrepreneurs a gateway to success in one of the UAE’s most efficient and affordable free zones. With its investor-friendly environment, zero tax policies, and strategic location, RAKEZ stands out as the perfect destination for startups, SMEs, and multinational corporations alike.
Whether you want to establish a trading firm, manufacturing unit, or service-based company, RAKEZ provides all the tools, infrastructure, and regulatory support you need.
For a smooth and compliant setup, partnering with experienced business setup consultants like Incorpyfy ensures that your documentation, licensing, and approvals are handled professionally—allowing you to focus on growing your enterprise in the UAE.
FAQs
What is RAKEZ Free Zone?
RAKEZ is the Ras Al Khaimah Economic Zone, offering cost-effective and flexible business setup options across various industries.
How long does it take to start a business in RAKEZ?
The process typically takes 2–5 working days once all required documents are submitted and approved.
Can foreigners own 100% of a company in RAKEZ?
Yes, RAKEZ allows 100% foreign ownership without the need for a local sponsor.
What types of licenses are available in RAKEZ?
RAKEZ offers commercial, professional, industrial, e-commerce, and educational licenses for various business activities.
Are there any taxes in RAKEZ?
No, companies in RAKEZ enjoy zero personal and corporate tax under UAE’s business-friendly laws.
What is the minimum capital requirement in RAKEZ?
There is no mandatory minimum capital requirement for most license types, making it ideal for startups.
Can I get a visa under my RAKEZ company?
Yes, visa eligibility depends on the license type and office space size.
Is RAKEZ suitable for industrial businesses?
Yes, RAKEZ is particularly known for its industrial facilities, including warehouses and manufacturing zones.
How much does it cost to renew a RAKEZ license?
Renewal fees start around AED 7,000 per year, depending on your license category.
Why should I choose RAKEZ over other free zones?
RAKEZ offers lower costs, flexible facilities, multiple license options, and quick approvals—making it one of the best choices for business setup in the UAE.
