Ras Al Khaimah Economic Zone
Start Your Business in Ras Al Khaimah Economic Zone
The RAK Free Trade Zone was established in 2000 and the RAK Investment Authority in 2005, both of which contributed to the development of the Emirate of Ras Al Khaimah. In order to take development to the next level, the two authorities decided to merge the free zones to expand their economic development and established the Ras Al Khaimah Economic Zone (RAKEZ) in 2017.
Ras Al Khaimah Economic Zone (RAKEZ) offers local and foreign investors a platform to spread their investments and help them enter local, regional and international markets by setting up companies in free trade zones. The RAKEZ company enjoys a strategic location and access to many emerging markets in the Middle East, South Africa, Europe, and South and Central Asia.
There are six dedicated zones within RAK Economic Zone:
- AL GHAIL INDUSTRIAL ZONE – Suitable for Large Scale Manufacturing Companies.
- AL HAMRA INDUSTRIAL ZONE – Suitable for Light Scale Manufacturing Companies.
- RAKEZ ACADEMIC ZONE – Suited for International Educational & Service Providers.
- AL HULAILA INDUSTRIAL ZONE – Suitable for Industrial Manufacturing Companies
- AL NAKHEEL BUSINESS ZONE – Well suited for SMEs and Freelancers with excellent Business Centre
- AL HAMRA BUSINESS ZONE – Ideally located between the city centre and neighboring cities.
The Benefits of Business Setup in RAKEZ:
- 100% exemption from corporate and personal income tax
- 100% freedom of foreign ownership and full return of profits
- One Stop Shop for all services
- FreeZone and Mainland Licensing
- Re-exported goods are duty-free
- Flexible equipment available at very low prices
- Warehouses are offered at affordable prices. They are available in various sizes and are located near seaports and airports
- There is unlimited space to expand your industrial operations with many developments
Free Zone Licensing Types:
- Service
- Commercial
- Industrial
- Educational
- E-Commerce
- General Trading
- Individual/Professional
- Media
- Freelance
Non-Free Zone or Mainland Licensing Types:
- Professional
- Commercial
- Industrial
Documents Required for Company Formation in RAKEZ
Individual Shareholder(s):
• Passport copy
• Passport sized photo (digital)
• Residence visa copy (if applicable)
• Emirates ID copy (if applicable)
Corporate Shareholder(s):
• Attested Certificate of Incorporation
• Attested Certificate of Incumbency or equivalent (issued within the last 3 months)
• Attested Memorandum of Association
• Attested Board Resolution.
What We Offer
Starting a company in RAKEZ (Ras Al Khaimah Economic Zone )has its advantages. Let’s Ask can assist you with documentation, permits, visa applications, banking procedures, business registration and other legal documents you may need to start your business. we guarantee that your business can get off to a great start in a cost-effective way. To start your business venture, contact us for help or guidance on starting a business at RAKEZ.
Get in Touch with Our Business Setup Consultant Today!
Our business consultants are fully-aware of the complications, legal formalities and documents required for business setup in UAE. Don’t worry! We’re here to give you and your business a head start by providing professional business setup services.
WORKING HOURS
- Monday to Friday 6:00 am – 11:00 pm
Give us a Call/WhtsApp on
- 00971 (50) 3552682
- 001 (306) 491 6712
Send us an email at
- contact@letsaskuae.com
OFFICE ADDRESS
- Compass Building, Al Shohada Road, Al Hamra, Ras Al Khaimah, UAE.