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.

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 Zones

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.

Media License – Flexi Desk (0 Visa Quota) package cost is AED 8,240 / Flexi Desk (1 Visa Quota) cost is AED 12,668.
Commercial License – Flexi Desk (0 Visa Quota) package cost is AED 11,440 / Flexi Desk (1 Visa Quota) package cost is AED 15,868.
Service License – the minimum package cost is AED 11,440 for Flexi Desk (0 Visa Quota) / Flexi Desk (1 Visa Quota) for AED 15,868
Education Training License – Flexi Desk (0 Visa Quota) package cost is AED 15,440 / Flexi Desk (1 Visa Quota) package cost is AED 19,868.
Education Consultancy / Support Services – Flexi Desk (0 Visa Quota) package cost is AED 14,240 / Flexi Desk (1 Visa Quota) package cost is AED 18,668.
E-commerce License – Flexi Desk (0 Visa Quota) package cost is AED 15,440 / Flexi Desk (1 Visa Quota) cost is AED 19,868.
Individual/Professional License – Package cost is AED 13,486 (1 Visa Quota)
General trading License – Standard Office + 4 Visa Quata package for AED 25,748 / Executive offices + 6 visa Quota package for AED 30,028

Serviced Offices

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

Features: Permanent workspace in an exclusive office for you ( minimum of 3m2/desk).

Visa Eligibility

One Desk – Up to 2 visas
Two Desk – Up to 4 visas

Lease terms : 1-5 year renewals ( Inclusive of maintenance & utility charges)

Cost : starting from AED 18,555

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 Facility	Shared Workstation	Dedicated WorkStation in Shared Office	Executive Office
Annual Fee (AED)	10,535	15,035	17,035
Visa Eligibility	2	4	6

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.

Ras Al Khaimah Economic Zone (RAKEZ)

RAKEZ Free Zone Company Formation

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

RAKEZ Zones

Type of Licenses in RAKEZ and Minimum Package Cost

Serviced Offices

RAKEZ Global Product

Exemptions Available

Business Package Details

Benefits of the New Business Package

Who is it Suitable for?

Services

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