The Ras Al Khaimah Economic Zone (RAKEZ) was built in the epicenter of the Ras Al Khaimah emirate, UAE. It is a prominent industrial core and a powerhouse in business. The community of more than 23,000 companies thrives throughout more than 50 sectors.
It is an initiative by the Ras Al Khaimah government taken to assist businessmen, small and medium-sized enterprises, and entrepreneurs with the standards and procedures for setting up their businesses. It functions as a business licensing body that offers free zone and non-free zone enterprises with tailored solutions for UAE company creation.
The strategic location of Ras Al Khaimah Economic Zone connects investors to growing markets of the Middle East, North Africa (MENA), Europe and South Asia.
RAKEZ is an industrial hub in the UAE that offers unique prospects to free-zone and non-free zone companies. Setup your business in the Ras al Khaimah economic zone and enjoy the following advantages:
Business licenses in RAKEZ are based on the services your business offers. These licenses are:
| Licenses | Free Zone | Non-Freezone |
|---|---|---|
| Commercial | ✓ | ✓ |
| E-Commerce | ✓ | |
| Educational | ✓ | |
| General Trading | ✓ | |
| Individual/Professional | ✓ | |
| Professional | ✓ | |
| Industrial | ✓ | ✓ |
| Media | ✓ | |
| Services | ✓ | |
| Freelancer Permit | ✓ |
Company setup in Ras Al Khaimah Economic Zone is very easy and simple. Here are the steps
Identifying your business activity is the first step for setting up a company in Ras al Khaimah Economic Zone.
RAKEZ Free Zone is divided into 6 zones based on the business activities of the companies.
The registration of your company name is the next stage in company formation process. Your selected name has to be authorized by the RAKEZ free zone authority and shouldn’t violate any current copyrights or trademarks.
Obtaining a license is an essential step in Ras Al Khaimah Economic Zone company formation process. The kind of license you need is determined by the nature of your business.
| Documents | Free Zone LLC | Non-Freezone |
|---|---|---|
| Application for Registration and Licensing | ✓ | ✓ |
| Application for Chamber of Commerce Membership | ✓ | |
| Application for Registration with DED | ✓ | |
| Visa copy / entry stamp of shareholders | ✓ | ✓ |
| Emirates ID of UAE shareholder or local service agent | ✓ | ✓ |
| Colour passport copy of shareholders | ✓ | ✓ |
| Emirates ID copy of Shareholders, General manager (if applicable) | ✓ | ✓ |
Ras al Khaimah economic zone is full of opportunities. RAKEZ prime location connect businesses to markets across MENA, Europe and Asia with brilliant infrastructure.
The firms can be registered with RAKEZ as a free zone entity and a non-freezone entity. RFZ Corporate Services Provide helps you set up a business in Ras Al Khaimah Economic Zone by doing all the paperwork.
The following are the facilities:
Hundreds of activities are allowed from 50 plus industry sectors including manufacturing, energy, technology, healthcare, aviation, shipping, education, media, professional services as well as personal and community services
RFZ CSP has been helping clients with company formations & business consultancy in the UAE.
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