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RAKEZ Free Zone Company Setup
Starting a company in the RAKEZ Free Zone is one of the smartest decisions for entrepreneurs, manufacturers, and global investors who want lower costs, reliable infrastructure, and a business-friendly environment in the UAE. Located in Ras Al Khaimah, RAKEZ offers a balance of affordability, industrial strength, and easy access to regional and international markets.
At Incorpyfy, we help you set up your RAKEZ Free Zone company smoothly, guiding you through licensing, facility selection, banking, compliance, and every step of registration.
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What Makes RAKEZ Free Zone Different From Dubai Free Zones?
RAKEZ is not a typical corporate-focused zone like DMCC or DIFC. It is built for industrial businesses, trading companies, logistics operations, e-commerce fulfilment, manufacturing units, and SMEs looking for cost-effective expansion in the UAE.
The free zone provides large plots of land, ready warehouses, labour accommodation, and flexible office solutions, making it ideal for both small and large enterprises.
Who Should Choose RAKEZ?
RAKEZ is a perfect match for:
- Manufacturers wanting affordable industrial space
- Importers, exporters, and distributors
- E-commerce brands needing warehouse and fulfilment
- SMEs looking for low operating costs
- Investors requiring long-term leasing stability
- International companies expanding into the UAE market
If your business depends on logistics, storage, or production, RAKEZ Free Zone company setup gives you the strongest foundation at a much lower cost than Dubai.
RAKEZ Location Advantage – Why Ras Al Khaimah Works for Global Trade
Ras Al Khaimah offers a strategic trading position with quick access to GCC countries, Asia, Europe, and Africa. RAKEZ sits near multiple seaports, highways, and logistics corridors, making movement of goods fast and predictable.
Connectivity & Transport Benefits
- Direct access to Saqr Port, one of the UAE’s largest bulk-handling ports
- Strong link to Saudi Arabia via the major highway
- Smooth road network for distribution across the UAE
- Affordable logistics routes for international shipments
- Access to RAK Airport for cargo and express deliveries
These advantages make RAKEZ a preferred choice for businesses that rely on import-export operations, bulk cargo, or regional distribution.
Cost Advantages of RAKEZ Free Zone
One of the biggest reasons investors choose business setup in RAKEZ is its affordability.
RAKEZ offers some of the lowest company setup costs in the UAE, especially for industrial and trading activities.
You save money on:
- License fees
- Warehouse rent
- Labour accommodation
- Visa costs
- Long-term leasing options
- Industrial infrastructure
Why RAKEZ Is One of the Most Budget-Friendly Free Zones
Unlike Dubai free zones that come with premium pricing, RAKEZ allows businesses to scale without heavy financial pressure.
There is no paid-up capital requirement, zero tax on qualifying free zone income, and a wide range of facilities that support operational efficiency.
Types of RAKEZ Free Zone Licenses
RAKEZ supports a diverse range of activities, making it ideal for companies with different business models.
Industrial & Manufacturing Activities
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RAKEZ is one of the UAE’s strongest industrial hubs. Perfect for:
- Metal fabrication
- Machinery assembly
- Food and packaging
- Concrete, steel, and building materials
- Electrical equipment
- Automotive parts
- Furniture and carpentry
- Printing and production units
Trading & E-Commerce Activities
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For traders and online brands, RAKEZ offers:
- Wholesale and retail trading
- Import-export licensing
- Warehousing and fulfilment centres
- Cross-border e-commerce operations
- General trading activities
Professional & Commercial Activities
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RAKEZ also welcomes service-based businesses such as:
- Consulting firms
- Marketing and PR agencies
- IT and tech service providers
- Education and training providers
- Creative and design studios
RAKEZ Company Structures Explained Simply
Setting up a company in RAKEZ Free Zone is straightforward. You can choose a structure based on your business size, future plans, and ownership needs.
RAKEZ FZ-LLC (Free Zone Limited Liability Company)
This is the most common structure for new entrepreneurs and SMEs.
It offers full liability protection, flexible ownership, and smooth banking. An FZ-LLC is ideal if you plan to expand, hire staff, or operate long-term in the UAE.
RAKEZ Branch Company
A branch lets an existing foreign or UAE company operate in RAKEZ without creating a new legal entity.
It’s a smart option for businesses that want to test the UAE market or manage regional operations from Ras Al Khaimah.
RAKEZ Individual Establishment
Designed for freelancers, consultants, and small professional providers.
It’s quick to set up and comes with minimal documentation, making it ideal for solo entrepreneurs.
RAKEZ Office & Facilities Options
RAKEZ offers far more real estate and industrial options than most UAE free zones.
Warehouses & Industrial Units
RAKEZ provides ready-to-move and customizable industrial units suitable for:
- Manufacturing
- Storage
- Assembly
- Packaging
- Production
These units range from small workshops to large-scale industrial facilities.
Flexi Desk / Shared Offices
Perfect for entrepreneurs and service-based businesses who want an affordable and flexible way to start.
Dedicated Offices & Business Centres
If you need a physical office, RAKEZ offers fully serviced spaces in prime RAK locations.
Land for Industrial Development
Companies can lease land to construct factories, logistics hubs, or large warehouses.
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
RAKEZ Company Setup Cost Guide
The cost of RAKEZ Free Zone company formation depends on your activity, number of visas, and facility needs.
Typical expenses include:
- Business license
- Establishment card
- Visa quota allocation
- Office or warehouse rent
- Government approvals
- Optional customs or industrial permits
What Affects the Actual RAKEZ Cost?
Your final cost depends on:
- Business activity category
- Type of facility (office, warehouse, land)
- Number of shareholders
- Visa requirements
- Additional regulatory approvals
We guide you through every step to make sure your setup stays transparent and predictable.
Step-by-Step: How to Register Your Company in RAKEZ Free Zone
Setting up your business in RAKEZ is fast and straightforward. Here’s how the journey looks:
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Step 1 – Choose your business activity
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Step 2 – Select the facility you need
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Step 3 – Submit documents for approval
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Step 4 – Receive your business license
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Step 5 – Visa, bank account & operations
We help you select the right RAKEZ activity license for your industry.
Choose between offices, flexi desks, warehouses, or industrial units.
Our team prepares and submits your file to RAKEZ.
Once approved, RAKEZ issues your company license and registration documents.
We support your Emirates ID, visa processing, and corporate bank account opening.
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.
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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.