What is Ras Al Khaimah Economic Zone (RAKEZ)? Ras Al Khaimah Economic Zone (RAKEZ) is a powerful business and industrial hub formed through the consolidation of RAK Free Zone and RAK Investment Authority. Located in the emirate of Ras Al Khaimah, UAE, RAKEZ offers an ideal platform for entrepreneurs, freelancers, SMEs, multinational companies, and large-scale industries. Its strategic location, well-developed infrastructure, and seamless connectivity through highways, seaports, and Ras Al Khaimah International Airport make it a preferred destination for business setup in the region.
RAKEZ is known for its customizable company formation options, cost-effective setup packages, and dedicated zones that cater to various industries including commercial, academic, media, and industrial sectors.
Benefits of Setting Up a Company in RAKEZ
Feature
Details
Business Activities
Over 4,000 permitted across multiple sectors
Setup Affordability
Competitive pricing for both free zone and non-free zone entities
Remote Company Formation
No need to visit the UAE for setup
Documentation
Minimal requirements for faster incorporation
Dedicated Zones
Industrial, commercial, and educational activity zones
Fast-track Incorporation
Speedy processing to start business quickly
Special Permits
Freelancer permits & exclusive packages for women entrepreneurs
Capital Requirement
Low minimum capital: AED 10,000 (AED 15,000 for industrial licenses)
Payment Plans
Interest-free installments for setup and renewals (up to 6 months)
License Flexibility
Multiple licenses under one company allowed
Repatriation
100% repatriation of profits and capital
Taxation
Zero personal and corporate tax
Ready Facilities
Flexi desks, flexi offices, dedicated offices available
Industrial Facilities
Warehousing, storage, and industrial land options
Staff Accommodations
On-site labor and staff housing available
Business Support
Business centers and secretarial services
Government Services
Access to all government services under one roof
Visa Solutions
Investor and employee visas with family sponsorship options
Travel Freedom
Investor visa holders can travel freely within GCC countries
Banking Support
Bank account facilitation via partnerships with UAE banks
Business Community
Thriving ecosystem of 14,000+ companies from 50+ countries