Aurion Business Consultants

Ras Al Khaimah Economic Zone (RAKEZ)

Company formation in RAKEZ

RAKEZ Free Zone Company Formation

Ras Al Khaimah Free Trade Zone (RAK FTZ) and RAK Investment Authority (RAKIA) were merged to Ras Al Khaimah Economic Zone (RAKEZ). It is guided by the vision of His Highness Sheikh Saud Bin Saqr Al Qasimi, United Arab Emirates Supreme Council Member and Ruler of Ras Al Khaimah.
By merging two biggest free zone we got double opportunities on registering the company in RAKEZ, which proposing you the cheapest and international level economic zone with flexible packages and services as well as state-of-the-art facilities.
Company Formation in RAKEZ

Main competitive advantages of Ras Al Khaimah Economic Zone (RAKEZ):

  • You are able to register Free zone and non-free zone company;
  • Ownership of 100 %;
  • Very fast and convenient business set-up processes;
  • Variety of activities and different types of facilities.
  • Availability of on-site staff and labour accommodation
  • You could receive any kind of services from one free zone
  • Customer portal
  • Interconnectivity to logistical hubs and highways
  • Accessibility via an international spread of regional offices
  • Access to markets across the Middle East, Europe, North Africa and Asia regions


  • RAKEZ BUSINESS ZONE – Trading, service and consultancy businesses.
  • AL HAMRA INDUSTRIAL ZONE – Manufacturing, industrial projects, trading, assembly and logistics.
  • AL GHAIL INDUSTRIAL ZONE – Manufacturing, industrial projects, trading, assembly and logistics.
  • AL HULAILA INDUSTRIAL ZONE – Manufacturing, industrial projects, trading, assembly and logistics.
  • RAKEZ ACADEMIC ZONE – Schools, universities, institutes, academic consultancy and services.
  • MEDIA ZONE- Radio, TV, Magazines, Broadcast, Film Production, Events Management, etc.

Type of Licenses in RAKEZ and Minimum Package Cost

Following License Packages are available for company formation in RAKEZ.

PRICE 1 YEARAED 5,499AED 16,500AED 20,000AED 25,000AED 29,000
PRICE 2 YEARAED 28,050AED 34,000AED 42,500AED 49,300
PRICE 3 YEARAED 15,599AED 39,600AED 48,000AED 60,000AED 69,600
PRICE 4 YEARAED 49,500AED 60,000AED 75,000AED 87,000
PRICE 5 YEARAED 26,597AED 61,800AED 75,000
PRICE 6 YEARAED 69,300AED 84,000AED 105,000AED 121,800
RENEWAL PRICE 1 YEARSame as AboveAED 16,500AED 20,000AED 25,000AED 29,000
RENEWAL PRICE MULTIPLE YEARSame as AboveSame as aboveSame as AboveSame as AboveSame as Above

* The All Inclusive Package includes Trade License Fee, Visa Fee, Immigration Card, Medical & Emirates ID Fee.

Office Space Package Fee Details

A perfect choice of start-ups and companies looking at affordable office setup.

PRODUCT NAMEServiced Office AServiced Office BStandard OfficeExecutive Office
PRICE 1 YEARAED 25,000AED 34,000AED 38,000AED 48,000
PRICE 2 YEARAED 42,500AED 57,800AED 64,600AED 81,600
Visa Quota2 FREE (Lifetime)4 FREE (Lifetime)4 FREE (Lifetime)6 FREE (ifetime)
RENEWAL PRICE 1 YEARAED 25,000AED 34,000AED 38,000AED 48,000
RENEWAL PRICE MULTIPLE YEARSame as AboveSame as aboveSame as AboveSame as Above

RAKEZ Global Product

RAKEZ is offering a Mid-Shore Free Zone Company (combining the benefits of an Offshore and Free Zone) for international investors to set up their company or re-domicilation of an overseas company to RAKEZ.
Under the special Business License Package, it offers a wide range of business activities for the investors to choose. There are Commercial Services, E-Commerce, Media, General Trading, and Industrial License category with co-working, physical offices, warehouses and lease land available.
The company will be based in the RAKEZ Free Zone with eligibility to appoint managers, individual shareholders, and employees to oversee the business operations in UAE.

Exemptions Available

  • No requirement of the Shareholders to be physically present in UAE for the company registration.
  • No requirement of appointing a company secretary.
  • Submission of Audit Report to the Authority is subject to request. For Industrial License it is a mandatory requirement.

Business Package Details

Type of FacilityShared WorkstationDedicated WorkStation in Shared OfficeExecutive Office
Annual Fee (AED)10,53515,03517,035
Visa Eligibility246

Benefits of the New Business Package

Following are the benefits of business setup in RAKEZ Free Zone

  • Remote company setup (no requirement of physical presence & original documents)
  • Easy registration and renewal process through RAKEZ Portal
  • Streamlined document attestation, submission and assigning employees & company Shareholders/ Directors via the RAKEZ Portal
  • Eligibility to hire employees
  • Selection of facilities like co-working spaces, physical offices, warehouses or land for development
  • Assistance with the UAE Economic Substance Regulations
  • Eligibility to apply for UAE Residence Visas and UAE Bank Account (subject to bank’s requirement)
  • No corporate tax and Access to 100+ Double Taxation Treaties
  • Company can own a real estate in UAE

Who is it Suitable for?

  • Holding Companies
  • Trading and General Trading
  • E-Commerce
  • Industrial Manufactures

AURION team of expert will guide you throughout the company formation in RAKEZ. Read more details about other low cost free zones in UAE.

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