RAKEZ – Ras Al Khaimah Economic Zone

RAKEZ – Ras Al Khaimah Economic Zone

About RAKEZ

About RAKEZ

Located in Ras Al Khaimah, RAKEZ serves as a strategic business and industrial hub encompassing five key zones: Al Ghail Industrial Zone, Al Hamra Industrial Zone, RAKEZ Academic Zone, Al Hulaila Industrial Zone, and RAKEZ Business Zone.

RAKEZ welcomes businesses of all scales, from solo entrepreneurs and SMEs to large multinational corporations, spanning across more than 50 different industries.

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Benefits of Establishing a Business in RAKEZ

FULL BUSINESS OWNERSHIP AND PROFIT REPATRIATION
Foreign investors can enjoy 100% company ownership with the freedom to repatriate all profits and capital.

PRIME LOCATION
RAKEZ stands as a key industrial hub in the UAE, offering seamless connectivity to international markets.

DIVERSE LICENSE OPTIONS
A variety of business licenses are available, including commercial, educational, e-commerce, general trading, and more.

ONE-STOP SERVICE HUB
RAKEZ provides a comprehensive range of government services, including visa processing, contract assistance, and administrative support.

VERSATILE INDUSTRIAL SOLUTIONS
Flexible warehouse solutions are available, with options to lease pre-built facilities or develop customized storage spaces.

Business Activities in RAKEZ

RAKEZ supports a diverse array of business activities, including:

Consultancy
E-Trading/E-Commerce
Media and Advertising
Insurance Services
Web Development
Manufacturing
Oil and Gas Trading
Accounting and Bookkeeping
Hospitality
Trading and Import/Export
Marketing
Travel Agency

RAKEZ Free Zone: Key Information

The UAE remains one of the most attractive business destinations. Among its many free zones, RAKEZ stands out as a preferred choice due to its streamlined processes and business-friendly environment. Let’s explore what makes RAKEZ a top-tier option.

What is RAKEZ?

RAKEZ is an integrated economic zone in Ras Al Khaimah, offering a robust industrial ecosystem where businesses of all sizes can thrive. The zone is designed to cater to entrepreneurs, startups, and multinational companies, providing cost-effective and customizable solutions for a wide range of industries. With business-friendly regulations and a seamless setup process, RAKEZ is a preferred destination for investors looking for efficiency and growth opportunities.

Why Choose RAKEZ for Your Business?

RAKEZ is built on four essential pillars that make it a prime location for entrepreneurs:

Industry Diversity

RAKEZ accommodates businesses across various sectors, including manufacturing, trading, logistics, services, and more.

Customizable Solutions

Entrepreneurs can choose from a range of setup packages tailored to different business needs, ensuring flexibility and affordability.

Cost-Effectiveness

Compared to other free zones in the UAE, RAKEZ offers competitive business setup costs, making it an attractive option for startups and SMEs.

Process Efficiency

RAKEZ provides a streamlined registration and licensing process, allowing businesses to launch and operate with minimal delays.

Why Establish Your Business in RAKEZ?

Here are four compelling reasons to set up your company in RAKEZ:

Growing Recognition

RAKEZ is rapidly gaining popularity as a preferred business destination and has earned several prestigious awards for its contributions to the UAE's economy.

Comprehensive Warehouse Solutions

RAKEZ provides businesses with extensive warehousing options, accommodating companies of all sizes and industries.

Proximity to Ports and Airports

With access to major air and sea routes, RAKEZ facilitates smooth import and export operations, enhancing global trade opportunities.

Accessible Business Financing

RAKEZ offers various financial support programs, including grants and loans covering up to 40% of a business’s startup costs.

Advantages of Setting Up a Business in RAKEZ

  • 100% foreign ownership
  • Complete tax exemptions on corporate and personal income
  • Full capital and profit repatriation
  • Quick and hassle-free company formation
  • Competitive leasing and office space solutions
  • No customs duties on re-exported goods
  • Access to world-class transport infrastructure
  • Flexible workspace options, including Flexi-desks

Types of Business Licenses Available in RAKEZ

  • Commercial License
    Allows trading activities such as import, export, warehousing, and product storage.
  • General Trading License
    Enables businesses to trade a broad range of goods and commodities.
  • Industrial License
    Covers manufacturing, processing, assembly, and raw material import/export.
  • Professional License
    Designed for individuals offering specialized professional services.
  • Consultancy License
    Applicable to service-based businesses in sectors like finance, law, and management.
  • Media License
    Required for businesses engaged in media, advertising, and entertainment services.
  • E-Commerce License
    For businesses that trade goods and services through digital platforms.
  • Education License
    Necessary for institutions offering academic and educational services.
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How to Start a Business in RAKEZ

1.
Select Your Business Activity

Determine the industry and specific business operations you wish to conduct.

2.
Choose a Business Name

Ensure the name complies with UAE regulations and is available for registration.

3.
Apply for a Business License

Submit the required documents, including passport copies, a completed application form, and a business plan.

4.
Obtain Your UAE Visa

Secure a visa for yourself and any employees who will be working in the UAE.

5.
Open a Business Bank Account

Set up a corporate bank account to facilitate business transactions.

Documents Required for RAKEZ Business Setup

The documentation needed may vary depending on the business type. However, general requirements include:

  • Completed business license application form
  • Passport copies of shareholders and manager
  • UAE entry stamp copies (if applicable)
  • No Objection Certificate (NOC) from current sponsor (if applicable)

RAKEZ Business License Renewal

Renewing a business license in RAKEZ is a simple process that does not require physical presence. The steps include:

  1. Request an invoice for license renewal.
  2. Make the renewal payment.
  3. Sign and submit the lease agreement.
  4. Submit the renewal application and supporting documents.
  5. Receive the updated business license upon approval.
Why Choose TAG for Your RAKEZ Business Setup?

Why Choose TAG for Your RAKEZ Business Setup?

Partnering with TAG ensures a seamless and hassle-free company formation process in RAKEZ. Our expertise and dedication help entrepreneurs achieve success without unnecessary delays or complications.

Extensive Experience
With years of industry knowledge, our team offers valuable insights and guidance tailored to your business needs.

Comprehensive Services
We provide end-to-end support, including visa processing, corporate services, and strategic business advisory.

Proven Client Satisfaction
Our clients trust us for our efficiency, professionalism, and commitment to excellence.

Start Your RAKEZ Business Today!
Contact TAG to explore how we can assist you in setting up your business in RAKEZ effortlessly.

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