Home » RAKEZ Free Zone
RAKEZ Free Zone Company Setup
RAKEZ Freezone company setup offers 100% foreign ownership, zero income tax, flexible office options, and quick registration processes starting from just AED 5,699. For startups, SMEs, and cost-conscious businesses that don’t need prestigious Dubai addresses but still want a legitimate UAE presence, RAKEZ provides the perfect balance of affordability and professional infrastructure.
AED 5699
Starting Cost
2
Visa Quota
5-7
Working Days
100%
Ownership
Why RAKEZ Free Zone Makes Business Sense
The Ras Al Khaimah Economic Zone isn’t trying to compete with DIFC’s financial sophistication or JAFZA’s massive scale. Instead, RAKEZ focuses on what matters most to growing businesses: low-cost setup, business-friendly rules, and genuine support that helps you succeed.
Get Expert Guidance
Speak with our RAKEZ specialists for personalized advice on your business setup.
Business Legal Structures in RAKEZ Free Zone
Your choice of legal structure affects liability, shareholding, and operational framework.
FZ-LLC (Free Zone Limited Liability Company)
The FZ-LLC structure suits most businesses established in RAKEZ. It limits shareholder liability to capital contributions, protecting personal assets from business debts. You can have a single shareholder or multiple shareholders up to fifty, providing flexibility for various ownership arrangements.
Most trading companies, service providers, and general businesses choose FZ-LLC for its balanced approach to liability protection and operational flexibility.
Free Zone Company (FZ Co.)
Similar to FZ-LLC, the Free Zone Company structure accommodates one or more shareholders with limited liability protection. This structure works well for partnerships, investor-backed ventures, and companies planning to scale operations.
Branch Office
Existing companies can establish branch offices in RAKEZ to extend operations to the UAE without creating separate legal entities. Branch offices work for established international companies expanding to regional markets or servicing existing clients in the UAE.
Your parent company’s reputation transfers to the branch, providing immediate credibility. However, the parent company is fully liable for the branch’s operations.
Types of RAKEZ Free Zone Licenses
RAKEZ provides flexible licensing categories that cover almost every business activity in the UAE.
Commercial License
-
Ideal for buying, selling, importing, exporting, and distributing goods.
General Trading License
-
Perfect for companies managing multiple product categories under one license.
Service License
-
For consulting, professional services, marketing firms, training centres, and advisory companies.
Industrial License
-
Designed for manufacturing, assembling, processing, and packaging operations.
E-Commerce License
-
Helps online businesses manage digital sales, global shipments, and local deliveries.
Freelancer Permit
-
For individuals offering professional or creative services as solo operators.
RAKEZ Business Setup Packages from Incorpyfy
Incorpyfy offers transparent packages for RAKEZ Free Zone company formation, designed to match different business needs and budgets.
Silver Package
- 1-year RAKEZ business license (Service, Consulting, Trading, or E-Commerce)
- Business activity advisory and structure guidance
- Basic documentation support for individual or corporate shareholders
- Company name reservation and registration processing
- Compliance check for activity selection
- Ideal for simple setups and first-time entrepreneurs
Gold Package
- Everything in the Silver Package
- Flexi-desk office facility in RAKEZ
- One visa allocation and full processing
- Emirates ID, medical test, and immigration assistance
- Establishment card issuance
- Corporate bank account opening support
- Smooth transition from formation to operational stage
- Suitable for solo founders and small business owners
Platinum Package
- Everything included in the Gold Package
- Multiple visa allocations for shareholders and staff
- Corporate tax registration and VAT registration
- Accounting and bookkeeping setup
- Annual support for license renewal and immigration services
- ESR, UBO, and AML compliance management
- Full administrative support for ongoing operations
- Best for companies wanting premium handling and long-term compliance
Documents Required for RAKEZ Company Setup
Proper documentation ensures smooth processing without delays or rejections.
For Individual Shareholders:
- Passport copy valid for at least 6 months
- Visa page copy showing current immigration status
- Emirates ID if you’re already a UAE resident
- Passport-sized photos on white background
- Personal Information Sheet or Application Form completed accurately
- 3 name choices for your company
- Proof of residential address
Additional Documentation:
- Business plan outlining operations and objectives
- Professional qualifications for licensed activities requiring expertise
- No Objection Certificate from current sponsor if applicable
For Corporate Shareholders:
- Company Trade License or Certificate of Incorporation
- Memorandum of Association (MOA) outlining company structure
- Board Resolution approving RAK venture and authorizing signatories
- UBO (Ultimate Beneficial Owner) list with complete details
- Incumbency Certificate showing current directors
- Audited financial statements from recent period
- Good standing certificate from home jurisdiction
- All corporate documents properly attested
Incorpyfy maintains comprehensive checklists customized to your specific license type, ensuring complete documentation for successful application.
RAKEZ vs Dubai Free Zones: Making the Right Choice
Understanding how RAKEZ compares to Dubai alternatives helps you make informed decisions.
RAKEZ offers the most cost-effective free zone business setup in the UAE, prioritising affordability without compromising legitimacy. If budget is a primary concern and you don’t need a prestigious Dubai address, RAKEZ offers excellent value.
The location in Ras Al Khaimah means you’re about an hour from Dubai, which works fine for many businesses operating digitally or serving international clients. However, if frequent physical presence in Dubai is crucial, location might be a consideration.
Dubai free zones offer stronger banking relationships, more prestigious addresses, and, in some cases, more sophisticated infrastructure. However, they come with significantly higher costs. For many businesses, particularly those in growth phases or operating with lean budgets, RAKEZ’s cost advantages outweigh Dubai’s premium positioning.
Incorpyfy assesses your needs honestly. We’ll recommend RAKEZ when it provides optimal value for your situation, or suggest Dubai alternatives when their advantages justify the additional cost for your specific business model.
The RAKEZ Company Formation Process: Your Timeline
Understanding the formation timeline helps you plan effectively and prepare proper documentation.
Day 1-2: Application Submission and Initial Processing
Start by submitting your complete application, including all required documents, and your initial payment. RAKEZ processes your application, verifies documentation, and conducts preliminary checks on shareholders and proposed activities.
Incorpyfy handles application preparation, ensuring all documentation meets RAKEZ requirements before submission. This preparation prevents rejections or requests for additional information that delay approval.
Day 3-5: Memorandum of Association and Lease Agreements
During this phase, you finalise your Memorandum of Association (MOA) outlining the company structure, shareholding arrangements, and governance. Simultaneously, you complete the selection of office space and finalise the lease agreement.
Your office lease is mandatory for license issuance, so this step is critical. Incorpyfy assists with office selection, matching your operational needs and budget to appropriate facility options.
Day 5-8: License Issuance
Once complete documentation and lease agreements are finalised, RAKEZ issues your business license. This official document authorises you to conduct specified business activities within the free zone.
Your license includes the company name, registration number, permitted activities, and validity period. Most licenses are issued for one year initially, then renewable annually.
Day 8-10: Visa Processing
Once licensed, proceed with visa processing for yourself and any employees. This includes entry permits, medical examinations, Emirates ID applications, and final visa stamping.
Visa allocation depends on your office space, with clear guidelines on how many visas your facility supports. Larger spaces accommodate more employee visas.
Day 10+: Bank Account Opening
Corporate bank account opening proceeds after license issuance. UAE banks require comprehensive documentation, and RAKEZ’s lower profile compared to Dubai free zones sometimes makes banking more challenging.
Incorpyfy provides bank account-opening assistance, prepares documentation, and coordinates with banks that are familiar with RAKEZ companies. While we can’t guarantee approval, our support significantly improves success rates.
Why Choose Incorpyfy for RAKEZ Free Zone Business Setup
Selecting experienced partners ensures your RAKEZ company formation proceeds smoothly and efficiently.
RAKEZ Specialisation and Experience
Incorpyfy has established numerous companies in RAKEZ Free Zone across trading, services, e-commerce, and professional sectors. This experience means we understand RAKEZ’s specific requirements, documentation standards, and the authority’s expectations for applications.
We stay current with RAKEZ regulations, fee structures, and process updates. When requirements change, we adapt immediately, ensuring your setup proceeds without compliance issues.
Genuine Low-Cost Setup Without Compromising Quality
We’ve structured our RAKEZ packages to be genuinely affordable while maintaining high service quality. Our pricing is transparent with all costs clearly itemised, so you understand exactly what you’re paying for.
This affordability doesn’t mean cutting corners. It means efficient processes, transparent pricing, and passing savings to clients rather than inflating fees.
Minimal Paperwork, Maximum Efficiency
We streamline documentation requirements, ensuring you provide only the necessary information in the correct formats. This efficiency prevents rejections and resubmissions that delay approvals.
Our systematic approach enables quick registration processes, often completing straightforward setups within the 5 to 10 business day window RAKEZ targets.
Complete One-Stop Solution
From initial consultation through license collection, visa processing, and bank account opening, Incorpyfy handles every aspect of your free-zone company formation in RAKEZ. You get dedicated consultants who manage your case, coordinate with authorities, and keep you updated throughout.
This comprehensive approach means you’re not juggling multiple service providers or navigating government procedures on your own.
Banking Support for RAKEZ Companies
Banking can be challenging for RAKEZ companies given the emirate’s lower profile compared to Dubai. Incorpyfy maintains relationships with banks familiar with RAKEZ structures and comfortable with Northern Emirates companies.
We prepare comprehensive banking documentation, coordinate bank meetings, and follow up throughout approval processes. Our bank account opening assistance significantly improves success rates for RAKEZ companies.
Ongoing Support Beyond Formation
Your relationship with Incorpyfy continues after initial setup. We provide annual support for license renewals, visa processing, immigration services, and labor services. Our financial compliance services covering ESR, UBO, and AML requirements ensure you maintain regulatory compliance.
We offer accounting and bookkeeping, VAT registration and filing, and corporate tax registration and advisory services. This continuing partnership provides consistent quality in managing your UAE business affairs.
Getting Started with Your RAKEZ Business Setup
If RAKEZ Free Zone aligns with your budget and business requirements, particularly if you prioritize affordability and don’t need premium Dubai positioning, the next step is straightforward.
Our team guides you through documentation preparation, ensures everything meets RAKEZ standards, coordinates with the Ras Al Khaimah Economic Zone authority, and keeps you informed throughout. We handle office selection, visa processing, banking coordination, and all administrative requirements.
RAKEZ offers a genuine opportunity for cost-conscious entrepreneurs and growing businesses to establish a legitimate UAE presence without premium pricing. With Incorpyfy managing your company formation, you can focus on building successful operations while we handle all the complexities of formation.
Start your RAKEZ Free Zone company setup journey today. Contact Incorpyfy and discover how affordable and straightforward UAE business setup can be when you work with experienced partners who understand both the process and the value of cost-effective solutions.
Ready to Begin? Start Your Business Journey Today!
Unlock Business Success: Take the First Step with Our Expert Guidance Towards Your Entrepreneurial Dreams.
Frequently Asked Questions
How much does it cost to set up a RAKEZ company?
Basic packages start from AED 5,699 for zero-visa setups. With one visa, expect AED 12,000-15,000. Full packages with office and multiple visas range from AED 18,000 to 25,000. Final cost depends on license type, activities, office choice, and visa requirements.
Can I setup RAKEZ company remotely?
Yes, approximately 80% are completed remotely through the power of attorney. You’ll need one UAE visit for visa stamping and potentially bank account opening, though some banks now accept video KYC.
What is the renewal cost for the RAKEZ license?
Annual renewals typically cost AED 8,000-12,000, including license renewal, establishment card, and office lease. Add AED 3,000-4,000 per visa renewal every 2-3 years.
How long does the RAKEZ setup take?
License issuance: 5-10 business days. Add 2-3 weeks for visa processing. Banking adds 4-8 weeks. Total realistic timeline: 6-10 weeks to full operational status.
Can I do business in Dubai with a RAKEZ license?
Not directly. RAKEZ is a free zone, so you can’t trade directly with mainland UAE customers. You need a mainland distributor or must convert to a mainland license for local market access.
What visa options does RAKEZ offer?
Investor visas for business owners (2-3 years validity), employee visas for staff, dependent visas for family members, and freelancer permits for independent professionals. Visa quotas depend on office size.
Is the RAKEZ license recognised internationally?
Yes, RAKEZ is a legitimate UAE free zone with full legal recognition. Banks, international partners, and government agencies worldwide accept RAKEZ licenses as valid UAE business documentation.
Do I need a minimum capital for RAKEZ?
No minimum capital requirement for most activities. You can start with a nominal share capital of AED 1,000 (AED 1,000 is common). Some activities may have specific requirements, but consultants will clarify during setup.