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Establish a Business in RAKEZ

Starting fromAED 6,000
  • Extensive list of activities
  • 100% foreign ownership
  • 100% ownership of properties
  • 100% repatriation of capital
  • Tax benefits
  • Easy business setup process

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Overview

Ras Al Khaimah Economic Zone (RAKEZ) is one of the fastest growing economic zones in the middle east. With over 14,000 companies registered in RAKEZ, this free zone is an ideal place for company formation due to its cost-effective packages. RAKEZ offers multiple leasing options such as modern offices, warehouses and land plots.

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Why Set Up a company
in RAKEZ free zone?

  • 01
    100% foreign ownership

    Full ownership for foreign investors.

  • 02
    Cost-effective

    Affordable business packages.

  • 03
    100% ownership of fixed assets

    Complete ownership rights over real estate property.

  • 04
    Free capital transfer

    Freedom to transfer capital without restrictions.

  • 05
    Low custom tariffs

    Low custom tariffs ranging up to 5% for almost all goods.

  • 06
    Fully convertAble currency

    Allows for effortless exchange and facilitates international trade and investment.

  • 07
    Tax friendly environment

    0% personal income tax.

Types of business licenses

  • 01
    Commercial license

    For companies operating in trading activities.

  • 02
    Educational license

    For entities that wish to establish educational institutions or consultancy firms.

  • 03
    E-commerce license

    For companies that trade goods and services electronically.

  • 04
    Professional license

    For single proprietors engaged in specific expertise.

  • 05
    Industrial license

    Companies involved in manufacturing, importing, packaging and exporting products.

  • 06
    Media license

    For companies engaged in media related activities.

  • 07
    Service license

    Companies providing a wide range of services.

  • 08
    Freelancer permit

    Allows individuals to work independently.

Types of legal entities

  • 01
    Free zone limited liability company FZ-LLC

    Up to 50 shareholders

  • 02
    Individual establishment

    Sole owner

  • 03
    Limited liability company LLC

    Minimum of 2 shareholders and up to 50 shareholders

  • 04
    Branch

    Branch of a UAE-based company or a foreign company

RAKEZ Freezone Company Setup

  • 01
    Choose your package

    Select the legal entity, license type and facility.

  • 02
    Submit application

    Application shall be submitted along with the necessary documents for approval.

  • 03
    Receive business license

Documents Required

  • Individuals
    Passport, Emirates ID and visa copy of the Shareholder(s) / Manager / Director or latest entry stamp to UAE E-mail Address, Mobile Number, Home Address of shareholder(s) / Manager / Director 3 proposed company names Suggested Activities Brief Business Plan (for some activities) Acceptance Letter of from the Manager (in case shareholder is different from Manager) NOC from current sponsor (for UAE residence visa holder) Residential Address
  • Companies
    Passport, Emirates ID and visa copy of the Manager / Director or latest entry stamp to UAE E-mail Address, Mobile Number, Home Address of Manager / Director 3 proposed company names Suggested Activities Brief Business Plan (for some activities) Acceptance Letter of from the Manager NOC from current sponsor (for UAE residence visa holder) Certificate of incumbency UBO declaration along with passport copy Commercial register Certificate of registration Certificate of good standing / extract from corporate register (whichever is applicable) Shareholders / board resolution resolving establishment of a company in RAKEZ and appointment of a general manager MoA & AoA Copy of trade license
  • Branches
    Passport, Emirates ID and visa copy of the Manager / Director or latest entry stamp to UAE NOC from current sponsor (for UAE residence visa holder) UBO declaration along with passport copy Commercial register of parent company Certificate of registration of parent company Certificate of good standing / extract from corporate register of parent company (whichever is applicable) Shareholders / board resolution resolving opening a branch for the parent company in RAKEZ and appointment of a general manager MoA & AoA of parent company Copy of trade license of parent company
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