How to Set Up A business in the Ras Al Khaimah Free Zone (RAKEZ)

Strategically positioned at the heart of the Ras Al Khaimah emirate in the United Arab Emirates. Renowned as an innovative business hub and premier industrial complex, RAKEZ caters to the diverse needs of entrepreneurs and their business setup, SMEs, and industrialists seeking to establish or expand their operations in the region. With a vibrant multinational community comprising over 21,000 companies spanning across more than 50 sectors, RAKEZ offers a dynamic ecosystem conducive to business growth and success.

Established by the Government of Ras Al Khaimah, RAKEZ is committed to fostering economic development and facilitating business growth in the UAE. As a leading business licensing authority, RAKEZ provides customizable solutions tailored to meet the unique requirements of both free-zone and non-free-zone companies. From streamlined company formation processes to comprehensive business setup services, including licenses to operate within the UAE borders and visa assistance for residence visa applications, RAKEZ offers a one-stop platform for entrepreneurs and businesses to thrive and prosper in the vibrant landscape of the UAE.

Key Advantages of RAKEZ Dubai

Discover the key benefits of choosing RAKEZ Dubai for your enterprise:

  1.  Enjoy 100% foreign ownership, ensuring full control over your business operations.
  2. Access cost-effective business packages with instant business license options, optimizing your financial resources.
  3.  Utilize shared workstations in a premier business center, perfect for entrepreneurs and small businesses, enhancing productivity.
  4. Explore a range of office spaces, either ready or customizable, tailored to accommodate various business sizes and requirements.
  5.  Experience simplified and expedited business setup processes, ensuring a swift commencement of your operations.
  6.  Access secretarial and business center services seamlessly, supporting your daily business needs for enhanced efficiency.

RAKEZ License Options

two business people

RAKEZ offers a Dual License option suitable for startups, established companies, and entrepreneurs, permitting a blend of commercial and professional activities within a single license. This versatile choice is available for both free and non-free zones.

Furthermore, RAKEZ provides a diverse range of specialized license types tailored to different business needs:

  1.  Commercial License: Ideal for engaging in the trade of services and goods.
  2. Educational License: Designed for establishing educational institutions or consultancy services.
  3.  E-Commerce License: Tailored for online trading of goods and services.
  4.  General Trading License: Suited for trading in a wide array of assorted goods.
  5.  Individual / Professional License: Catering to sole proprietors possessing expertise in specific fields.
  6.  Industrial License: Intended for activities encompassing manufacturing, importing, packaging, and exporting products.
  7.  Media License: Specifically for businesses involved in media-related activities.
  8.  Service License: Perfect for offering services or consultancy services across various industries.
  9.  Freelancer Permit: Specifically crafted for professionals in sectors such as media, education, IT, and analysis.

These offerings cater to a diverse spectrum of business requirements, providing flexibility and suitability for various ventures.

Specialized Industrial Zones at RAKEZ Ras Al Khaimah

1. Al Hamra Industrial Zone:

– A hub for both light and heavy industries, offering customizable facilities to meet specific operational needs.
– Strategically located with seamless connectivity to major transportation routes.
– Provides a supportive business environment with essential services and amenities.

2. Al Hulaila Industrial Zone:

– Catering to businesses with heavier industrial requirements, offering state-of-the-art warehouses and on-site staff accommodations.
– Tailor-made facility solutions to accommodate unique business processes.
– Prime location with excellent access to key logistical networks.

3. RAKEZ Academic Zone:

– A specialized area for educational institutions, fostering a concentrated educational environment.
– Offers pre-built facilities suitable for startup higher education institutions.
– Provides land for the development of K-12 schools or universities with customized infrastructure.

4. Al Nakheel Business Zone:

– Designed for startups, entrepreneurs, freelancers, and SMEs, offering shared workspaces and modern business centers.
– Proximity to Dubai International Airport for global connectivity.
– Advanced IT and telecommunications infrastructure to support commercial, service, and consultancy businesses.

Streamlining Your Business Setup in RAKEZ with Unicorn Global Solutions

Embarking on your entrepreneurial journey in RAKEZ alongside Unicorn Global Solutions is a straightforward process. Here’s a breakdown of how we simplify it for you:

Activity Definition Guidance:

   – We assist you in defining your business activities to align with RAKEZ’s diverse sector offerings.

Trade Name Selection:

   – Our team helps you choose a trade name that complies with the regulations set forth by the UAE.

Paperwork Management:

   – We take care of all necessary paperwork, including documentation such as passport and visa copies, a No Objection Certificate if required, and the preparation of a comprehensive business plan.

Licensing and Registration:

   – Once your application is submitted, we expedite the licensing and registration process, ensuring efficiency.

   – Additionally, we facilitate the issuance of a letter for opening a bank account, streamlining your financial setup.

Visa Processing (if applicable):

   – If visas are part of your business package, we streamline the visa processing procedure for your convenience.

Our approach to setting up your business in RAKEZ is meticulously designed to be smooth and efficient, offering a simplified experience compared to other zones or mainland company formations in the UAE. With Unicorn Global Solutions, you can embark on your business journey with confidence and ease.

Essential Documents for Initiating Your Business in RAKEZ Dubai

In order to kickstart your business journey in RAKEZ Dubai, it’s imperative to gather the following documents:

For Individual Shareholders, Directors, or Managers:
– Colored copies of passports.
– Copies of visas and entry stamps (if currently residing in the UAE).
– No Objection Certificate (NOC) from the current employer (for UAE residents).
– Original NOC for the appointed general manager.

For Corporate Shareholders:
– Board resolution to establish the RAKEZ company.
– Trade license or certificate of registration.
– Memorandum and articles of association.
– Certificates of good standing or incumbency.

Ensuring you have these documents in order will facilitate a smooth and efficient initiation of your business operations within RAKEZ Dubai.

Expert Assistance for Setting Up in RAKEZ Ras Al Khaimah

Embarking on a business venture in a foreign country can seem overwhelming, but with our guidance at Unicorn Global Solutions, setting up in RAKEZ Ras Al Khaimah becomes a manageable endeavor. Our expertise ensures an efficient business setup process for your RAKEZ Ras Al Khaimah venture.

We offer comprehensive assistance in selecting the appropriate license for your business, preparing all necessary documents, and seamlessly navigating the application stages. Partner with us for a smooth journey towards establishing your presence in RAKEZ. Text us on WhatsApp or call us today.

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