RAKEZ Company Setup

About RAKEZ

Ras Al Khaimah Economic Zone is a combination of two free zones namely RAK Free Zone and RAK Investment Authority. RAKEZ is situated in the Ras Al Khaimah Emirate of United Arab Emirates.

Business set ups in RAKEZ will develop rapidly due to the perfect economic system with security and the relaibility that the city provides.

Why Choose RAKEZ

RAKEZ offers various customizable business setups along with the best accessibility to the sea ports, airports, and highways which has made RAKEZ a perfect destination for starting a new company.

RAKEZ is considered as a preferred free zone for many freelancers, and small and medium enterprises due to its steadiness and reliability.

Text us on WhatsApp or call us today to set up your business as we offer all required services for a company setup in the RAKEZ Free zone.

We Are Authorized Partners of RAKEZ

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Features & Benefits of A Company Setup in RAKEZ Free Zone

Types of RAKEZ Freezone Licenses

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Documents Required For IFZA

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Popular Free Zones That We Are Partnered With
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Many More Free Zones,
We Are Partners With

Other Services

Tailoring Compliance Services To Match The Specific Needs Of Businesses.
VAT
Services
Corporate
Tax
Business
Advisory
Accounting
Services
Payroll
Management
ESR
Services
Excise Tax
Registration
AML
Services

Make your business stand out with our personalized accounting services.

Unlock financial clarity and drive growth with our tailored accounting solutions, designed to elevate your business to new heights

Our Partners

We work closely with the following banks for Opening Bank Accounts for our clients.

Frequently Asked Questions

Your Guide to Setting Up Your Business in RAKEZ

No, there isn't a format that RAKEZ requires for the business plan.

  • Free Zone. Non-Free Zone.
  • Commercial
  • Educational
  • E-Commerce
  • General Trading
  • Individual/Professional
  • Industrial
  • Media

RAKEZ offers the below non-free zone company types:

  • An Individual Establishment
  • A Single Person Limited Liability Company
  • A Limited Liability Company (LLC)
  • A Branch of a UAE-based company (including companies registered in other free zones)

A Branch of a foreign company

No, It cannot. A free zone entity may only trade its products through an agent, representative, distributor, or parent firm that holds the necessary license to carry out such an activity in the United Arab Emirates in order to trade its goods both inside and outside the free zone region.

No, a local partner is not required in order to establish a company in RAKEZ. The fact that RAKEZ allows for 100% foreign ownership is just one of the many benefits of establishing a free zone company.

  1. Determine the Type of Company.
  2. Choose a Business Activity.
  3. Choose a Company Name.
  4. Apply for a Trade License.
  5. Obtain Approvals.
  6. Rent Office Space.
  7. Obtaining Visa.
  8. Commence Operations.

Unicorn Global Solutions is the ideal consultancy to help you throughout the registration process of your business in RAKEZ. Send us a quote and take the first step to make your dreams come true.

  • Foreign Ownership
  • A Variety of Business Opportunities
  • Tax Exemption
  • Dedicated Industrial Zones & Business Parks
  • Availability of Business and Industrial Facilities
  • Efficient Business Setup Procedures
  • Low Setup Cost
  • Convenient Hub for Government Services

Several sectors, including manufacturing, energy, technology, healthcare, aviation, shipping, education, media, professional services, and personal and community services are among the more than 50 commercial activities that take place in RAKEZ.

RAKEZ licenses typically have a one-year validity period from the date of issuance.

Subject to the relevant terms and conditions, licenses for Free Zone Commercial, Service, General Trading, Individual/Professional, and E-commerce may be issued and renewed for a period of three years at a discounted rate.

A completed DNFBPs form, signed by all shareholders who will be jointly and severally liable for adhering to the laws and regulations of the UAE Central Bank and all applicable Federal Laws and Regulations for Combatting Money Laundering (AML) and Financing of Terrorism (CFT), must be submitted with the application for registration of a company to carry out any activity classified as a DNFBP.

Yes, it is mandatory to lease a facility to open a company.

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